BNET Industries

Market Cap:$29.2M
Last Fiscal Year Sales:$75.8M
  • Public
  • US
Dow Jones Description

Kona Grill brings a taste of the islands to the landlocked parts of America. Founded in 1994 and headquartered in Scottsdale, AZ, Kona Grill Inc. (NASDAQ: KONA) owns and operates a chain of restaurants. The company has about 10 Kona Grill restaurants located in shopping malls and lifestyle and entertainment centers in 7 US states, mostly in the Southwest and Midwest. It serves seafood and American food with island themes, and a variety of sushi. It also offers drinks and happy hours. The company employs about 1,100 people and had 2005 revenue of about $36.8 million. In April 2006, it opened its tenth restaurant, in Dallas, Texas.

Chairman, President & CEO
Marcus E. Jundt
Number of Employees 1,910
Contact Information

7150 E Camelback Rd

Phoenix, Arizona 85251

www.konagrill.c...

1 480 922 8100

NAICS Code Full-Service Restaurants: 722110

Recent Events

  • Kona Grill COO Bartholomay resigns

    11/20/09 - Mgmt. Change Leaving - Operations - View Story

  • Kona Grill Announces Resignation of Mark Bartholomay

    11/23/09 - Mgmt. Change Leaving - Other - View Story

  • Kona Grill appoints new CEO

    11/05/09 - Mgmt. Change Entering - CEO - View Story

  • Kona Grill cuts loss in 3QSCOTTSDALE, Ariz. (Oct. 27, 2009)

    10/30/09 - Planned Site Openings - View Story

  • Kona Grill opens its first Minnesota restaurant: The Arizona chain, with many Twin Cities ties,...

    9/29/09 - Mgmt. Change Entering - CEO - View Story

  • Kona Grill Reports Second Quarter Results

    7/29/09 - Financial Announcement - View Story

  • Kona Grill says buyout offer is too low

    6/16/09 - Financial Announcement - View Story

News & Analysis

earnings and kona grill inc. - All News and Analysis

Decision Makers

Name (plus bio) Position
Jason J. Merritt COO & Executive Vice President
Mark S. Robinow CFO, Executive Vice President & Secretary
Daniel Walsh Vice President, Development
Mark L Bartholomay
Frank B. Bennett Director

Board of Directors

Name (plus bio) Position
Marcus E. Jundt Chairman, President & CEO
C. Donald Dempsey Board of Directors
Douglas G. Hipskind Board of Directors
Kent D. Carlson Board of Directors
Mark A. Zesbaugh Board of Directors
Mark L. Batholomay Board of Directors
Richard J. Hauser Board of Directors
Tony Winczewski Board of Directors
W. Kirk Patterson Board of Directors

Marcus E. Jundt has served as our President and Chief Executive Officer since July 2006, as Chairman of the Board since March 2004, and as a director of our company since September 2000. Prior to joining our company, Mr. Jundt served as Vice Chairman and President of the investment advisory firm of Jundt Associates, Inc. During November 2007, a receiver was appointed to administer the assets of Jundt Associates, Inc. From November 1988 to March 1992, Mr. Jundt served as a research analyst for Victoria Investors covering the technology, health care, financial services, and consumer industries. From July 1987 until October 1988, Mr. Jundt served in various capacities on the floor of the Chicago Mercantile Exchange with Cargill Investor Services. Mr. Jundt also serves as a director of Acuo Technologies and Spineology, both private companies.

Organization Position Status
Kona Grill Inc. Chairman, President & CEO Current
Jundt Funds, Inc. Current
Northwestern University Graduate School Former
CME Group, Inc. Former
Kona Grill Inc. Chairman Former
Kona Grill Inc. Board of Directors Former

Organization Position Status
Kona Grill Inc. COO & Executive Vice President Current

Mark S. Robinow has served as our Executive Vice President, Chief Financial Officer, and Secretary since October 2004. Prior to joining our company, Mr. Robinow served as the Chief Financial Officer of Integrated Decisions and Systems, Inc. (IDeaS) from July 2000 until October 2004. Mr. Robinow served as the Senior Vice President and Chief Financial Officer of Rainforest Cafe, Inc. from November 1995 until January 2000. Mr. Robinow served as the Chief Financial Officer of Edina Realty, Inc. from 1993 until 1995, and as Chief Financial Officer, Secretary, and Treasurer of Ringer Corporation from 1986 until 1993. Mr. Robinow also served as a senior auditor with Deloitte & Touche from 1980 until 1983.

Organization Position Status
Kona Grill Inc. CFO, Executive Vice President & Secretary Current
Deloitte Touche Tohmatsu senior auditor Former

Organization Position Status
Kona Grill Inc. Vice President, Development Current

Mr. Bartholomay has served as our Senior Vice President of Development since May 2007 and was appointed to act as interim Chief Operating Officer during November 2008. Mr. Bartholomay has over 12 years of experience in real estate development, construction, prototype design, operations, and finance. Mr. Bartholomay served as the Founder and Senior Partner of GBG Consulting, LLC, a private restaurant consulting firm from July 2005 until May 2007. From July 2000 to June 2005, he served as Vice President of Business Development at Famous Dave's of America, Inc., a publicly traded owner, operator, and franchisor of restaurants. Prior to that, Mr. Bartholomay served as Senior Vice President of International Development and Operations at Rainforest Cafe, Inc., a publicly traded restaurant company. Mr. Bartholomay served as a director of the Company between January 2006 and May 2007.

Organization Position Status
Kona Grill Inc. Current

Organization Position Status
Kona Grill Inc. Board of Directors Current
Caribou Coffee Company Inc. Chief Executive Officer Former
Kona Grill Inc. President & CEO Former
Caribou Coffee Company Inc. President Former

Douglas G. Hipskind has served as a director of our company since November 2003. Mr. Hipskind has served as a Principal and Chief Operating Officer of Vail Development, LLC, a hotel development company which is designing and developing the Four Seasons Resort in Vail, Colorado, since June 2004. Mr. Hipskind also served as a Managing Director of Jundt Associates, Inc., from January 2001 to November 2006. From August 1999 to January 2001 he served as Controller of Jundt Associates, Inc. From December 1993 to August 1999, Mr. Hipskind served in the Financial Services practice of KPMG LLP, where he was responsible for tax and consulting matters for his mutual fund and investment partnership clients. Mr. Hipskind is a certified public accountant.

Organization Position Status
Kona Grill Inc. Board of Directors Current
KPMG International Former
Four Seasons Resort, Inc. Former

Organization Position Status
Fairfax Financial Holdings Ltd. President Current
Dowling & Partners Current
Aon Re Canada Inc. Deputy Chairman Current
Odyssey Re Holdings Corp. Board of Directors Current
Northbridge Financial Corporation Board of Directors Current
Multiband Corporation Director Current
Kona Grill Inc. Director Current
Piper Jaffray Companies Vice President Former
Fairfax Financial Holdings Ltd. audit committee member Former
Fairfax Financial Holdings Ltd. Board of Directors Former

Organization Position Status
Kona Grill Inc. Board of Directors Current

Organization Position Status
Fireman's Fund Insurance Company Current
Kona Grill Inc. Board of Directors Current
Allianz Life Insurance Company of North America CEO Former

Organization Position Status
Kona Grill Inc. Board of Directors Current

Richard J. Hauser has served as a director of our company since December 2004. Mr. Hauser serves as the President and owner of Capital Real Estate, Inc., a commercial real estate development company based in Minneapolis, Minnesota, which he founded in 2001. In addition, Mr. Hauser is the Manager and owner of Net Lease Development, LLC, which is a controlled operating company under Capital Real Estate, Inc. Prior to founding Capital Real Estate, Inc. and Net Lease Development, LLC, Mr. Hauser served as a partner with Reliance Development Company, LLC from 1992 to 2001, where he was responsible for the management, development, and sale of retail properties.

Organization Position Status
Kona Grill Inc. Board of Directors Current

Organization Position Status
Commercial Partners Title, LLC Principal, President Current
Commercial Partners Title, LLC Owner Current
Minnesota Land Title Association Current
Msca Board of Directors Current
National Association of Industrial and Office Properties Board of Directors Current
Kona Grill Inc. Board of Directors Current
National Association of Industrial and Office Properties Member Current
Msca Member Current
Commercial Partners Title, LLC Co-Founder Current
Commercial Partners Title, LLC Paralegal Former

W. Kirk Patterson has served as a director of our company since January 2005. Mr. Patterson has served as Vice President and Chief Financial Officer of Staktek Holdings, Inc., a provider of high-density memory solutions, since November 2003. From July 2003 to November 2003, Mr. Patterson served as Acting Chief Financial Officer, Vice President of Finance, and Corporate Controller of Cirrus Logic, Inc., a developer of mixed-signal integrated circuits. From February 2000 to November 2003, he served in a variety of roles at Cirrus Logic, including Vice President of Finance and Corporate Controller, Treasurer, and Director of Financial Planning and Analysis. From November 1999 to February 2000, Mr. Patterson served as Regional Manager of Accounting Services of PricewaterhouseCoopers, a public accounting firm. From June 1980 to November 1999, Mr. Patterson served in several positions with BP Amoco Corporation, a provider of energy and petrochemicals, most recently as Manager, Planning and Economics, for the Amoco Energy Group North America.

Organization Position Status
Kona Grill Inc. Board of Directors Current
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     KONA $3.20 0.00 (0.00% )
Average Volume 14,757
Shares Outstanding 9.14M
Market Cap 29.3M
Year High 4.34
Year Low 1.1
Earnings Per Share -1.20
P/E Ratio -2.67
Dividend N/A
Yield N/A
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