Piper Jaffray Downgrades Fiesta Restaurant Group (FRGI) to Neutral

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Go back to Piper Jaffray Downgrades Fiesta Restaurant Group (FRGI) to Neutral

Fiesta Restaurant Group, Inc. CEO Tim Taft to Retire at Year-End

August 25, 2016 4:45 PM EDT

Board of Directors to Reevaluate Strategic Plan; Appoints Committee to Seek Successor and Provide Transition Oversight

DALLAS--(BUSINESS WIRE)-- Fiesta Restaurant Group, Inc. (Fiesta or the Company) (NASDAQ: FRGI), parent company of the Pollo Tropical® and Taco Cabana® fast casual restaurant brands, today announced that Tim Taft, Fiesta's CEO and President, has informed the Board of Directors that he has decided to retire as CEO, President and a director of Fiesta at the end of the 2016 fiscal year.

Fiesta's Chairman of the Board, Jack Smith, stated, On behalf of... More