Texas Roadhouse, Inc. (TXRH) announced the resignation of Chief Financial Officer Price Cooper to take on an expanded CFO position for Krispy Kreme Doughnuts, Inc. (KKD). Cooper joined Texas Roadhouse in 2006 and was promoted to CFO in August of 2011.
Texas Roadhouse has named Scott Colosi as interim CFO in addition to his role as president. Colosi served as CFO of Texas Roadhouse from 2002 until his promotion to president in 2011.
Separately, Krispy Kreme Doughnuts announced the appointment of Price Cooper as executive vice president later in the month. Cooper will also be appointed chief financial officer following the company's filing of its Annual Report on Form 10-K in early April.
Cooper, age 43, will succeed Douglas Muir, who has served as CFO since June 2007 and who announced his retirement plans last year.
Cooper has held various positions in finance, planning and accounting with over 18 years of finance and accounting experience including 14 years in the restaurant industry.
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