SONC Sonic Corp.

Sonic Adds New Talent to Board of Directors

Sonic Corp. (NASDAQ: SONC), the nation’s largest chain of drive-in restaurants, today announced the election of Steven A. Davis to its board of directors.

Mr. Davis is former chairman and chief executive officer of Bob Evans Farms, Inc. which owns and operates Bob Evans Restaurants and distributes packaged foods at grocery stores under the Bob Evans and Owens brand names. Mr. Davis brings 30 years of restaurant and retail experience having served in a variety of executive and management positions with YUM! Brands and Kraft General Foods.

As a seasoned restaurant and consumer packaged goods executive with significant experience in the areas of marketing and branding, retail food products, mergers and acquisitions, real estate, auditing and finance, the board will benefit from Mr. Davis’ strategic planning skills, leadership and restaurant operating knowledge.

"We are excited to welcome Steve as a new independent director to our board," said Cliff Hudson, Sonic Corp. CEO. “Steve’s executive experience in the restaurant industry combined with his brand management and consumer packaged goods knowledge nicely complements the breadth of experience on our board.”

Existing directors re-elected to the Sonic Corp. board are Tony D. Bartel, Lauren R. Hobart, Jeffrey H. Schutz and Kathryn L. Taylor. Continuing board members not standing for re-election include R. Neal Black, Kate S. Lavelle, J. Larry Nichols, Federico F. Peña, Frank E. Richardson, Susan E. Thronson and Cliff Hudson.

The company also announced a new antibiotic use policy for chicken as part of its animal welfare program beginning effective immediately. The company will require that its suppliers refrain from using antibiotics medically important to human health for the purpose of growth promotion and that antibiotics be administered by a licensed veterinarian and only for the prevention, control or treatment of disease.

The company is also reviewing its policies regarding antibiotics use for beef and pork.

About SONIC, America’s Drive-In

SONIC, America's Drive-In is the nation's largest drive-in restaurant chain serving approximately 3 million customers every day. More than 90 percent of SONIC's 3,500 drive-in locations are owned and operated by local business men and women. For 64 years, SONIC has delighted guests with signature menu items, 1.3 million drink combinations and friendly service by iconic Carhops. Since the 2009 launch of SONIC's Limeades for Learning campaign in partnership with DonorsChoose.org, SONIC has donated $7.4 million to public school teacher’s classrooms nationwide to fund essential learning materials and innovative teaching resources to inspire creativity and learning in their students. To learn more about Sonic Corp. (NASDAQ/NM: SONC), please visit sonicdrivein.com and please visit or follow us on Facebook and Twitter. To learn about SONIC's Limeades for Learning initiative, please visit LimeadesforLearning.com.

SONC-F

EN
19/01/2017

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Sonic Corp.

 PRESS RELEASE

SONIC’s New Steakhouse Bacon Cheeseburger Brings Steakhouse Sizzle t...

OKLAHOMA CITY--(BUSINESS WIRE)-- (NASDAQ: SONC) adds a new Steakhouse Bacon Cheeseburger so you can enjoy the classic sizzling flavors of a steakhouse burger from the comfort of your own car. Complete with tasty ingredients you might expect from a traditional steakhouse, SONIC’s new Steakhouse Bacon Cheeseburger elevates the quintessential drive-in favorite to an entirely new experience. This press release features multimedia. View the full release here: SONIC Drive-In's new Steakhouse Bacon Cheeseburger (Photo: Business Wire) ...

 PRESS RELEASE

SONIC Brings Extra Crunch and Flavor to Drive-Ins with New FRITOS Chil...

OKLAHOMA CITY--(BUSINESS WIRE)-- (NASDAQ: SONC) takes the quirky, comforting flavors of a beloved snack and makes it available for any occasion, any time, by adding new FRITOS® Chili Cheese options to a variety of menu items. With at least three ways to add a warm, salty and savory crunch to any meal, the new SONIC FRITOS Chili Cheese Faves start at just $0.99*. This press release features multimedia. View the full release here: SONIC's new FRITOS Chili Cheese Faves: FRITOS Chili Pie, FRITOS Chili Cheese Jr. Wrap and FRITOS Chili Cheese Jr...

 PRESS RELEASE

SONIC Announces Leadership Transition

OKLAHOMA CITY--(BUSINESS WIRE)-- SONIC Corp. (NASDAQ: SONC), the nation’s largest chain of drive-in restaurants, today announced that Chairman and Chief Executive Officer, Cliff Hudson, will retire and that President Claudia San Pedro will lead the company, effective as of the closing of SONIC’s proposed acquisition by Inspire Brands (“Inspire”), which is expected to occur in December, subject to shareholder approval. Mr. Hudson will assist with the transition, serving as Senior Advisor to SONIC until March 2019. Following completion ...

 PRESS RELEASE

SONIC Gets Extra Cheesy with the Stack Cheeseburger

OKLAHOMA CITY--(BUSINESS WIRE)-- (NASDAQ: SONC) is updating another classic by welcoming the new Quarter Pound Double Stack Cheeseburger, a burger that includes cheese stacked between two juicy beef patties. SONIC takes its version of the stacked cheeseburger one delicious step further by adding not just one, but two types of mouthwatering melty cheeses to make every juicy bite better than the last. This press release features multimedia. View the full release here: SONIC Drive-In's new Quarter Pound Double Cheeseburger (Photo: Busi...

 PRESS RELEASE

SONIC’s Sweet Pretzel Twist is a Snack Masterpiece

OKLAHOMA CITY--(BUSINESS WIRE)-- Why choose between savory and sweet when you can have both? As one of the only fast-food restaurants offering a soft pretzel, (NASDAQ: SONC) is expanding its snack lineup with the Sweet Pretzel Twist, a cinnamon-sugar take on the popular salted Soft Pretzel Twist. This press release features multimedia. View the full release here: SONIC Drive-In Sweet Pretzel Twist (Photo: Business Wire) Instead of savory salt, the sweet version of the Soft Pretzel Twist is dusted with a delightful sprinkling...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch