UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
Current Report
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) January 17, 2001
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Commission File Number: 000-17962
Applebee's International, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 43-1461763
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(State or other jurisdiction of (I.R.S. Employer Identification No.)
incorporation or organization)
4551 W. 107th Street, Suite 100, Overland Park, Kansas 66207
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(Address of principal executive offices and zip code)
(913) 967-4000
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(Registrant's telephone number, including area code)
None
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(Former name or former address, if changed since last report)
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Item 5. Other Events.
Applebee's International, Inc. (the "Company") issued a press release
entitled "Applebee's International Announces Executive Team Addition, CEO
Succession Plan." The press release is attached as Exhibit A hereto and
incorporated herein by reference.
Item 7. Exhibits
(c) Exhibits
Exhibit Description
A Press release of the Company dated
January 17, 2001
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned, thereunto duly authorized.
APPLEBEE'S INTERNATIONAL, INC.
(Registrant)
Date: January 17, 2001 By: /s/ George D. Shadid
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George D. Shadid
Executive Vice President and
Chief Financial Officer
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EXHIBIT A
FOR IMMEDIATE RELEASE
Analyst Contact: Carol DiRaimo,
(913) 967-4109
Media Contact: Cathie Koch,
(913) 967-8974
Applebee's International Announces
Executive Team Addition, CEO Succession Plan
Overland Park, Kan., January 17, 2001 -- Applebee's International, Inc.
(Nasdaq:APPB) today announced the addition of a new senior executive to oversee
franchise operations and, as part of its succession plan, the commencement of a
search for a chief operating officer.
David L. Goebel will join the company in February as senior vice president of
franchise operations and will become a member of the company's senior executive
team. Mr. Goebel will have responsibility for the company's domestic franchise
operations, including nearly 1,000 franchise restaurants operating nationwide.
Mr. Goebel has nearly 30 years of business management experience, including 18
years in the restaurant industry, encompassing management and executive
positions with a number of casual dining concepts. He was also a franchise
principal with one of the early area developer groups of the Boston Market
concept.
Mr. Goebel's business experience also includes positions as an operations
executive and head of business development for Thorn America, operator of
Rent-a-Center. Most recently, Mr. Goebel was president of a management
consulting company specializing in strategic planning and executive development
and in that role has provided franchise consulting services to Applebee's
International in the past.
Lloyd Hill, chairman and chief executive officer, said, "We are excited about
the addition of Dave Goebel to the leadership team of Applebee's. Dave has a
proven track record in restaurant operations and developing strong business
relationships. His addition to our team will allow us to continue to build on
our formidable franchise partnerships. Our franchisees have been key to the
unparalleled growth and success of the Applebee's brand with franchise units
representing over 75% of the system."
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January 17, 2001
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In addition, as part of the company's strategic succession planning process, a
nationwide search has commenced to fill the new position of chief operating
officer, who is expected to ultimately be the successor to Mr. Hill.
The management team reporting directly to Lloyd Hill will be comprised of Julia
Stewart, president of Applebee's domestic division; George Shadid, chief
financial officer; Steve Lumpkin, chief development officer; Lou Kaucic, chief
people officer; Larry Cates, president of the international division; David
Goebel, the new senior vice president of franchise operations; and the new chief
operating officer position.
Applebee's International, Inc., headquartered in Overland Park, Kan., currently
develops, franchises and operates restaurants under the Applebee's Neighborhood
Grill and Bar brand, the largest casual dining concept in the world. There are
currently 1,288 Applebee's restaurants operating system-wide in 49 states and
eight international countries. Additional information on Applebee's
International can be found at the company's website (www.applebees.com).
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