UNO® RESTAURANT HOLDINGS CORP. NAMES NEW CFO
Boston, MA, April 9, 2008 - Uno® Restaurant Holdings Corp., has named Louie Psallidas senior vice president and chief financial officer (CFO), beginning April 7, 2008.
"Louie is that rare finance executive who grew up in the restaurant business and knows it inside and out," said Frank W. Guidara, the company's chief executive officer. "He understands first-hand that Uno is as much about great food and extraordinary hospitality as it is about performance and bottom line results."
In his new post with Uno, Mr. Psallidas will be responsible for all aspects of the company's financial operations, including transactions related to enhancing capitalization and long-term company growth. This is familiar terrain, as these are activities he oversaw in his previous post as senior vice-president and CFO of PGHC Holdings, Inc., the parent company of Papa Gino's and D'Angelo brands.
Mr. Psallidas did, in fact, grow up in the food business. His family owned three successful Dunkin Donuts franchises. He has worked with Fuddruckers and Champps brands, among others. Prior to joining Uno, he was CFO of John Harvard's Brew House and was appointed to president of the company, a position he held for two years before joining PGHC Holdings. That, says Mr. Guidara, makes him almost as comfortable in the back of the house as in the board room.
"I'm delighted to join the team at Uno, especially under the direction of Frank Guidara, who is known as an industry visionary and innovator," said Mr. Psallidas of his new employer. "Uno has made tremendous strides over the years, and I'm looking forward to contributing my talents to such a dynamic organization."
Mr. Psallidas and his wife live with their three children in North Reading, Massachusetts.
About Uno Restaurant Holdings Corp.:
Based in Boston, Uno Restaurant Holdings Corporation includes more than 200 company-owned and franchised full-service units located in 29 states, the District of Columbia, Puerto Rico, South Korea, the United Arab Emirates, Honduras and Saudi Arabia. The company also operates a consumer foods division which supplies airlines, movie theaters, hotel restaurants and supermarkets with both frozen and refrigerated private-label foods and branded Uno products. For more information, visit www.unos.com. Health magazine, one of the country's foremost publications on improving health, recently honored Uno Chicago Grill with the number-one spot on its new list, "America's Healthiest Chain Restaurants."
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