UNITED STATES
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FORM
CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 4, 2023, Dine Brands Global, Inc., a Delaware corporation (the “Corporation”) announced the resignation of Susan M. Collyns from the board of directors (the “Board”) of the Corporation, effective March 31, 2024. Ms. Collyns is leaving due to her newly appointed role as Chief Financial Officer of Fabletics, Inc. Effective upon Ms. Collyns’ departure from the Board, the size of the Board will be reduced from ten to nine.
Item 7.01 Regulation FD
On December 4, 2023, the Corporation issued a press release announcing the resignation of Ms. Collyns. A copy of the press release is attached hereto as Exhibit 99.1 and is also available on the Corporation’s website at www.dinebrands.com.
The information contained in this Item 7.01, including the related information set forth in Exhibit 99.1, is being “furnished” and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) or otherwise. The information in this Item 7.01 shall not be incorporated by reference into any registration statement or other document pursuant to the Securities Act of 1933, as amended, or into any filing or other document pursuant to the Exchange Act, except as otherwise expressly stated in any such filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit Number |
Description | |||
| 99.1 | Press Release issued by the Corporation on December 4, 2023. | |||
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
| Date: December 4, 2023 | DINE BRANDS GLOBAL, INC. | |||||
| By: | /s/ Christine K. Son | |||||
| Senior Vice President, Legal, General Counsel and Secretary | ||||||
Exhibit 99.1
News Release
Media Contact
Susan Nelson
Sr. Vice President, Global Communications
Dine Brands Global, Inc.
Susan.nelson@dinebrands.com
Dine Brands Global, Inc. Announces Departure
of Susan M. Collyns from its Board of Directors
Collyns to take on Newly Appointed CFO Role Outside of Company
PASADENA, Calif. – December 4, 2023 – Dine Brands Global, Inc. (NYSE: DIN), the parent company of Applebee’s Neighborhood Grill + Bar®, IHOP® and Fuzzy’s Taco Shop® restaurants, announced today that Susan M. Collyns (Sue) has made the decision to resign from the board, effective March 31, 2024, due to her newly appointed role as Chief Financial Officer of Fabletics, Inc.
“Sue’s contributions to Dine Brands and its Board of Directors over the past four years have been immeasurable. Her business acumen and extensive experience leading major restaurant and consumer brands have enabled the Company to advance strategic objectives, and her counsel has been instrumental in helping position the Company and our brands for long-term growth,” said Richard Dahl, Chairman of the Board of Directors, Dine Bands Global, Inc.
Collyns joined Dine’s Board of Directors in August 2019 and has served on the Audit Committee.
“It has been an honor to serve on Dine’s Board for the last four years, supporting the Company as it has successfully navigated an ever-evolving landscape. I am particularly proud of the work we’ve done to serve our shareholders through sound governance, oversight and an unwavering commitment to driving shareholder value,” said Collyns.
About Dine Brands Global, Inc.
Based in Pasadena, California, Dine Brands Global, Inc. (NYSE: DIN), through its subsidiaries and franchisees, supports and operates restaurants under the Applebee’s Neighborhood Grill + Bar®, IHOP®, and Fuzzy’s Taco Shop® brands. As of September 30, 2023, these three brands consisted of over 3,500 restaurants across 18 international markets. Dine Brands is one of the largest full-service restaurant companies in the world and in 2022 expanded into the Fast Casual segment. For more information on Dine Brands, visit the Company’s website located at www.dinebrands.com.