<PAGE> 1
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): May 20, 1996
CHECKERS DRIVE-IN RESTAURANTS, INC.
- --------------------------------------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 0-19649 58-1654960
- ----------------------------- ----------------- --------------------
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
600 Cleveland Street, 8th Floor
Clearwater, Florida 34615
- ------------------------------------------------- ----------------
(Address of principal executive offices) (Zip
Code)
Registrant's telephone number, including area code: 813-441-3500
- 1 -
This Instrument contains 5 pages.
The Exhibit Index appears on Page 4.
<PAGE> 2
ITEM 5. OTHER EVENTS.
MANAGEMENT CHANGES
On May 20, 1996, the Registrant announced that Keith J. Kinsey,
Executive Vice President, Chief Operating Officer and Chief Financial Officer,
will resign his positions as of May 24, 1996. Mr. Kinsey will remain on the
Board of Directors. Mr. Kinsey has accepted a position as President of Big
Sky Bread Company of Cincinnati, Ohio.
James T. Holder, currently Vice President, General Counsel and
Secretary, will assume the additional responsibilities of Chief Financial
Officer. Mr. Holder is a C.P.A. and practiced accounting with the firm of
Coopers & Lybrand from 1983 to 1986.
All operations executives will now report directly to Mr. Albert J.
DiMarco, President and Chief Executive Officer.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial Statements of Businesses Acquired.
None.
(b) Pro Forma Financial Information.
None.
(c) Exhibits.
Exhibit
Number Exhibit Description
------ -------------------
99.1 Press Release of the Registrant dated May 20, 1996.
- 2 -
<PAGE> 3
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of
1934, as amended, the Registrant has duly caused this Report to be signed on
its behalf by the undersigned thereunto duly authorized.
CHECKERS DRIVE-IN RESTAURANTS, INC.
By: /s/ Albert J. DiMarco
------------------------------------------
Albert J. DiMarco
President and Chief Executive Officer
Dated: May 23, 1996
- 3 -
<PAGE> 4
EXHIBIT INDEX
<TABLE>
<CAPTION>
Pagination By
Exhibit Sequential
Number Exhibit Description Numbering System
------ ------------------- -----------------
<S> <C> <C>
99.1 Press Release of the Registrant dated May 20, 1996. 5
</TABLE>
- 4 -
<PAGE> 1
FOR IMMEDIATE RELEASE
MAY 20, 1996
CHECKERS DRIVE-IN RESTAURANTS, INC. (CHKR:NASDAQ)
CHECKERS ANNOUNCES NEW CHIEF FINANCIAL OFFICER
FOR MORE INFORMATION PLEASE CONTACT:
ANTHONY AUSTIN, VICE PRESIDENT OF HUMAN RESOURCES
813-441-3500
CLEARWATER, FL -- MAY 20, 1996 -- CHECKERS DRIVE-IN RESTAURANTS, INC.
(CHKR:NASDAQ) today announced that Keith J. Kinsey, Chief Operating Officer
and Chief Financial Officer of the Company will resign effective May 24, 1996,
to accept the position of President of Big Sky Bread Company headquartered in
Cincinnati, Ohio. He will remain on Checkers' Board of Directors.
In commenting on Mr. Kinsey's departure, Mr. Albert J. DiMarco, the Company's
President and Chief Executive Officer, stated that "Keith's presence and
contributions will be sorely missed. We wish him well in his new challenge."
James T. Holder, currently Vice President and General Counsel, will assume the
additional responsibilities of Chief Financial Officer. In addition to being
an attorney, Mr. Holder is a C.P.A. whose previous experience includes the
practice of accounting with the international accounting firm of Coopers &
Lybrand from 1983 to 1986. He has been with Checkers for over two years.
All other operations executives will now report directly to Mr. DiMarco.
Checkers Drive-In Restaurants, Inc., celebrating its 10th Anniversary this
year, is one of the largest double drive-thru restaurant chains in the United
States. Checkers develops, owns, operates and franchises restaurants that
offer high-quality food, fast service and everyday value prices. Checkers is
headquartered in Clearwater, Florida and is traded on the Nasdaq Stock Market
under the symbol "CHKR".
- 5 -
