Luby's Forms Board Special Committee
Luby's, Inc. (LUB)
US:NYSE Investor Relations:
lubysinc.com/investors
Company Research
Source: PR Newswire
HOUSTON, Sept. 10, 2019 /PRNewswire/ -- Luby's, Inc. (NYSE: LUB) today announced the formation of a new Board Special Committee and provided an update on several on-going initiatives, strategic operational plans and measures to right-size its corporate overhead. The Company's Board of Directors has formed a new Board Special Committee comprised of independent directors with the purpose of establishing a strategic review process to identify, examine, and consider a range of strategic alternatives available to the Company with the objective of maximizing shareholder value. This new Special Committee has been formed consisting of Gerald Bodzy, Twila Day, Joe McKinney, Gasper Mir, John Morlock, and Randolph Read. The Special Committee will be Co-Chaired by Messrs. Bodzy and Read."The steps we are taking represent our commitment to maximizing value to our shareholders over the long term," said Gerald Bodzy, Chairman of the Board. Chris Pappas, President and Chief Executive Officer, stated
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