BNET Industries

Last Fiscal Year Sales:$187.1M
- Private
- US
Dow Jones Description
Wellspring is trying to win this game of Checkers. Founded in 1986 and headquartered in Tampa, FL, Checkers Drive-In Restaurants, Inc. develops, owns, operates, and franchises the country's largest chain of drive-through fast food restaurants. The company has about 800 restaurants in 20 US states, about 200 of them company-owned. They operate under the Checkers and Rally's Hamburgers brands, and typically have a Aôdouble drive-through' format, allowing them to capitalize on the fact that most fast food sales come from drivers. It offers hamburgers, hot dogs, fries, soft drinks, and milkshakes. The company had 2005 revenue of about $187.2 million and employs about 4,000 people. In October 2005, the company's Rally's brand was named Best Drive-Thru in America 2005 by QSR Magazine, the leading trade publication for the quick service restaurant category.
President & CEO
Keith E. SiroisNumber of Employees 4,000
Contact Information
4300 W Cypress St Ste 600
Tampa, Florida 33607-4159
1 813 283 7000
Peer Companies
NAICS Code Full-Service Restaurants: 722110
Recent Events
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Checkers®/Rally`s® Selects McLane for Distribution
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Checkers names McKee chief development officerTAMPA, Fla. (Sept. 10, 2009)
News & Analysis
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checkers drive-in restaurants inc. and st. petersburg times - All News and Analysis
Checkers, Rally's Drive-Through Hamburger Chains to Merge.(Originated from St. Petersburg Times, Fla.)
CLEARWATER, Fla.--Mar. 26--Checkers Drive-In Restaurants Inc. has agreed to merge with another chain of double-drive-through hamburger restaurants, Rally's Hamburgers Inc. The merger of Clearwater-based Checkers and Louisville, Ky.-based Rally's, both founded in the mid-1980s, is a combination of equals. As...
Checkers Drive-In Restaurants Sends L.A. Mex Experiment into the Sunset.(Originated from St. Petersburg Times, Fla.)
CLEARWATER, Fla.--Feb. 11--Struggling Checkers Drive-In Restaurants Inc. is quietly moving away from its much-ballyhooed experiment with Mexican food. The chain has pulled its L.A. Mex menu from about one-third of the restaurants where it has been tested for the past 18...
California's CKE Restaurants Vows to Rescue Troubled Checkers Drive-Ins.(Originated from St. Petersburg Times, Fla.)
Dec. 10--When Checkers Drive-In Restaurants went public in 1991, it was a small fry competing with the burger giants. The Clearwater company pledged low-cost burgers in a hurry from a no- frills drive-through. The idea was a hit, and the chain expanded...
Checkers Drive-In Restaurants Inc. Confronts Debt Deadline.(Originated from St. Petersburg Times, Fla.)
CLEARWATER, Fla.--Aug. 30--Checkers Drive-In Restaurants Inc. faces a deadline today to restructure $36 million in debt it racked up three years ago in its zeal to build new restaurants. The debt is hefty enough that it could send the chain into bankruptcy protection, but company officials...
Florida's Checkers Drive-In Restaurants Inc. Gets Reprieve on Bank Loan.(Originated from St. Petersburg Times, Fla.)
CLEARWATER, Fla.--Jul. 31--Troubled Checkers Drive-In Restaurants Inc. has been given two weeks' breathing room to negotiate the terms of a $36 million bank loan that has been sold to a syndicate of new lenders. "All of the goals of this company now are dependent on the...
Florida-Based Checker Drive-In Restaurants Are Behind on Loan Payments.(Originated from St. Petersburg Times, Fla.)
CLEARWATER, Fla.--Jul. 20--Checkers Drive-In Restaurants Inc. said late Friday that it is behind on a loan and expects its banks to sell the fast-food company's outstanding debt to another lender. If that deal does not occur, Checkers said it will be in default on a bank...
Checkers Drive-In Restaurants to Fight Illinois Court's Judgment.(Originated from St. Petersburg Times, Fla.)
Jun. 27--A lawsuit filed against a franchisee of Checkers Drive-In Restaurants Inc. in a district court in Illinois has led to a default $4.1 million judgment against Checkers. The problem for the Clearwater-based restaurant chain came about because it also was named in the suit, but...
Four Checkers Founders Leave Fast-Food Chain's Board of Directors.(Originated from St. Petersburg Times, Fla.)
CLEARWATER, Fla.--Apr. 26--The last founding fathers of beleaguered Checkers Drive-In Restaurants Inc. are leaving the board of directors, the company said Thursday. Chairman Herbert G. Brown, 72, his son Jared, 36, Harry Cline, 56, and George Cook, 63, are resigning in favor of a new board...
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Decision Makers
| Name (plus bio) | Position |
|---|---|
| Keith E. Sirois | President & CEO |
| S. Patric Plumley | CFO & Treasurer |
| Todd Lindsey | Senior Vice President and Chief Financial Officer |
| Robert D. Wright | Executive Vice President, Company and Franchise Operations |
| Michael Arrowsmith | Senior Vice President of Development |
| Steven Cohen | Senior Vice President, HR |
| Adam Noyes | Vice President, Purchasing, Operations |
| Brian Doster | General Counsel, Vice President & Secretary |
| Richard Turer | Vice President, Marketing |
| Ron Levondosky | Vice President, Franchise |
| David Crawford | Director, Marketing |
| Kim Francis | Director, Communications |
| Gloria Valdes | Manager, Risk Management |
| Jean Kelly | Coordinator, Marketing |
Board of Directors
| Name (plus bio) | Position |
|---|---|
| Peter C. O'Hara | Chairman |
| Burt Sugarman | Board of Directors |
| David Gotterer | Board of Directors |
| Gary Lieberthal | Board of Directors |
| Terry N. Christensen | Board of Directors |
| Willie D. Davis | Board of Directors |
| Organization | Position | Status |
|---|---|---|
| Checkers Drive-In Restaurants, Inc. | President & CEO | Current |
| Checkers Drive-In Restaurants, Inc. | Board of Directors | Current |
| Computer Renaissance | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Checkers Drive-In Restaurants, Inc. | CFO & Treasurer | Current |
| Organization | Position | Status |
|---|---|---|
| Checkers Drive-In Restaurants, Inc. | Senior Vice President and Chief Financial Officer | Current |
| Michaels Stores, Inc. | Chief Financial Officer, Specialty Retail Group | Former |
| Organization | Position | Status |
|---|---|---|
| Checkers Drive-In Restaurants, Inc. | Executive Vice President, Company and Franchise Operations | Current |
| Wendy's/Arby's Group, Inc. | Vice President, Operations and Training Integration | Former |
| Organization | Position | Status |
|---|---|---|
| Checkers Drive-In Restaurants, Inc. | Senior Vice President of Development | Current |
| Diedrich Coffee, Inc. | Vice President, Franchise Development, Gloria Jean’s Gourmet Coffee Unit | Former |
| Organization | Position | Status |
|---|---|---|
| Checkers Drive-In Restaurants, Inc. | Senior Vice President, HR | Current |
| Organization | Position | Status |
|---|---|---|
| Checkers Drive-In Restaurants, Inc. | Vice President, Purchasing, Operations | Current |
| Organization | Position | Status |
|---|---|---|
| Checkers Drive-In Restaurants, Inc. | General Counsel, Vice President & Secretary | Current |
| Organization | Position | Status |
|---|---|---|
| Checkers Drive-In Restaurants, Inc. | Vice President, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Checkers Drive-In Restaurants, Inc. | Vice President, Franchise | Current |
| Organization | Position | Status |
|---|---|---|
| Checkers Drive-In Restaurants, Inc. | Director, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Checkers Drive-In Restaurants, Inc. | Director, Communications | Current |
| Organization | Position | Status |
|---|---|---|
| Checkers Drive-In Restaurants, Inc. | Manager, Risk Management | Current |
| Organization | Position | Status |
|---|---|---|
| Checkers Drive-In Restaurants, Inc. | Coordinator, Marketing | Current |
| Organization | Position | Status |
|---|---|---|
| Checkers Drive-In Restaurants, Inc. | Chairman | Current |
| Checkers Drive-In Restaurants, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Checkers Drive-In Restaurants, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Checkers Drive-In Restaurants, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Checkers Drive-In Restaurants, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| Checkers Drive-In Restaurants, Inc. | Board of Directors | Current |
| Organization | Position | Status |
|---|---|---|
| MGM Mirage, Inc. | Board of Directors | Current |
| Manpower Inc. | Board of Directors | Current |
| Alliance Bancshares California | Board of Directors | Current |
| Checkers Drive-In Restaurants, Inc. | Board of Directors | Current |
| Fidelity National Financial, Inc. | Board of Directors | Current |
| Wisconsin Energy Corporation | Board of Directors | Current |
| Metro-Goldwyn-Mayer Inc. | Board of Directors | Current |
| The Dow Chemical Company | Board of Directors | Former |
| Sara Lee Corporation | Board of Directors | Former |
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