Robert Towers has been appointed President of Ark Restaurants Corp. (NASDAQ:ARKR) by Ark's Board of Directors effective September 17, 2007. With this new position, Mr. Towers will assume additional responsibilities related to the Company's performance and growth.
Michael Weinstein, Ark's Chairman and Chief Executive Officer, stated that, 'Through Bob's long tenure with Ark, he has become deeply respected throughout the organization and the industry and possesses a unique set of leadership capabilities for his new role. We are pleased to have him as the Company's President.'
Mr. Towers brings to the position a distinguished 24-year record of progressive responsibilities within the Company. He has been employed by the Company since November 1983 and was elected Vice President, Treasurer and a director in March 1987. Mr. Towers became an Executive Vice President and Chief Operating Officer in April 2001. Mr. Towers is also the Executive Vice President, Treasurer and Secretary of each of the Company's subsidiaries. He will retain the titles of Chief Operating Officer and Treasurer along with his new role.
Ark Restaurants owns and operates 24 restaurants and bars, 25 fast food concepts, catering operations and wholesale and retail bakeries.
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