1. Buffalo Wild Wings CEO to Leave After Losing Activist Fight

    Buffalo Wild Wings CEO to Leave After Losing Activist Fight

    Buffalo Wild Wings Inc. Chief Executive Officer Sally Smith, who ran the chain for more than two decades, is stepping down after activist investor Marcato Capital Management won a proxy fight to overhaul the company’s board. Shareholders voted to approve three nominees originally put forth by Marcato at the company’s annual meeting on Friday, according to a preliminary count...

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    1. We are very pleased that our fellow shareholders recognize that additional change on the board is warranted.
    2. We look forward to working constructively with the new directors to achieve our shared objective of driving value for Buffalo Wild Wings shareholders.
    3. I will focus on leading Buffalo Wild Wings and driving value-creating change until we are ready to make a smooth transition.
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