Pattye Moore, president of Sonic Corp. since 2002, announced that she will resign to spend more time with her family. Moore will remain a consultant on brand development and marketing issues for the next two years and will remain on Sonic's Board of Directors until the end of 2005. In July 2004, Restaurants & Institutions magazine named Ms. Moore one of nine executives whose decisions would "impact the balance of power." A portion of Ms. Moore's statement regarding her departure is available in this Yahoo Finance article.
Posted by franchiselawblog at September 15, 2004 04:02 PM