Diversified Restaurants Names New Leaders

(RTTNews) - Diversified Restaurant Holdings Inc., or DRH, has appointed CFO and Treasurer David Burke as its new President and CEO, as part of its previously announced succession plan.

Burke, who has been the company's Financial Chief since2010, succeeds Michael Ansley, who will continue as executive chairman of the board.

Succeeding Burke as CFO and treasurer is Phyllis Knight. Most recently, Knight served as executive vice president and CFO of Polar Corp., the largest tank trailer manufacturing, parts, and service organization in North America.

In August, the company said it plans to split into two separate, publicly traded companies through the tax-free spinoff of its Bagger Dave's business to its stockholders.