October 26, 2016 6:41 AM ET

Hotels, Restaurants and Leisure

Company Overview of TGI Friday's Inc.

Company Overview

TGI Friday's Inc. owns and operates a chain of restaurants in the United States and internationally. Its restaurant menu includes food, such as appetizers, burgers, sandwiches, chicken and seafood, steak and ribs, salads, soups, and desserts, as well as food for kids; and drinks, including smoothies, juices, slushes, teas, handcrafted cocktails, and wines, as well as crafts, drafts, and bottles. The company also provides franchising opportunities. TGI Friday's Inc. was founded in 1965 and is based in Carrollton, Texas.

4201 Marsh Lane

Carrollton, TX 75007

United States

Founded in 1965





Key Executives for TGI Friday's Inc.

Chief Executive Officer and President
Chief Financial Officer and Executive Vice President
Age: 52
Chief Executive Officer of Fridays UK and Senior Vice President of Fridays UK
President of USA and Chief Operating Officer of USA
Age: 56
President of TGI Fridays International and Chief Operating Officer of TGI Fridays International
Compensation as of Fiscal Year 2016.

TGI Friday's Inc. Key Developments

TGI Fridays Names Robert Palleschi as President and CEO, Effective Feb. 8, 2016

TGI Fridays appointed Robert Palleschi as its President and Chief Executive Officer, effective February 8, 2016. Palleschi replaces Nick Shepherd who stepped down from the company in October 2015. Palleschi spent 12 years at global hospitality company, Hilton Worldwide, which operates 12 world-class global brands and includes more than 4,500 managed, franchised, owned and leased hotels and timeshare properties. Palleschi currently serves as Global Head of Full Service Brands, where he oversees all franchise and brand operations for Hilton’s brand, Hilton Hotels & Resorts, DoubleTree by Hilton and Curio, A Collection by Hilton. He is responsible for a portfolio of more than 1,000 hotels and resorts across 91 countries and six continents.

TGI Fridays Presents at BVCA Summit 2015, Oct-08-2015 02:45 PM

TGI Fridays Presents at BVCA Summit 2015, Oct-08-2015 02:45 PM. Venue: London, United Kingdom. Speakers: Karen Forester, Chief Executive Officer.

TGI Fridays Announces Executive Changes

TGI Fridays announced that Nick Shepherd has decided to step down from his role as President and Chief Executive Officer. Shepherd will continue to actively lead the business through mid-October, and will be working closely with Chairman of the Board, John Antioco. The Board has launched a search for the successor, which will be led by Sentinel Capital Partners. Because it is unlikely a new CEO will be in place prior to Shepherd leaving the business, Antioco will serve as interim CEO at that time.

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Recent Private Companies Transactions

No transactions available in the past 12 months.

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