Carlson Restaurants Worldwideš Names Vice President Of Strategic Development

Carrollton, TX | May 22, 2007

Carlson Restaurants Worldwide Inc., parent company of T.G.I. Friday's® restaurants and Pick Up Stix® restaurants, today announced the promotion of Bob Rycroft to Vice President of Strategic Development.

"Bob is a valued leader with broad experience in a number of capacities," said Brad Bixby, senior vice president of finance and chief financial officer for Carlson Restaurants Worldwide. "This new strategy position gives him a great opportunity to apply his experience to some exciting opportunities to support our evolving business needs."

In his new role, Rycroft, who will report to Bixby, will be responsible for global acquisitions and divestitures, investment analysis, strategic projects and competitive analysis.

According to Bixby, Rycroft has provided strong leadership to the finance Planning and Performance Reporting function for the past several years and has led key projects within finance across the Carlson Restaurants Worldwide organization.

Rycroft joined Carlson Restaurants Worldwide as Director of Compensation Benefits in 1994 and has had leadership roles in development, operations, marketing and finance, most recently as Finance Director for T.G.I. Friday's USA.

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