Dine Brands Global, Inc. Announces Departure of Susan M. Collyns from its Board of Directors

Rhea-AI Summary

Dine Brands Global, Inc. (NYSE: DIN) announced Susan M. Collyns' resignation from the board, effective March 31, 2024, due to her newly appointed role as Chief Financial Officer of Fabletics, Inc. Collyns joined Dine’s Board of Directors in August 2019 and has served on the Audit Committee. The Chairman of the Board of Directors, Richard Dahl, praised Collyns' contributions, business acumen, and extensive experience leading major restaurant and consumer brands. Collyns expressed her honor in serving on Dine's Board for the last four years and her pride in the work done to serve shareholders through sound governance, oversight, and a commitment to driving shareholder value.

Collyns to take on Newly Appointed CFO Role Outside of Company

PASADENA, Calif.--(BUSINESS WIRE)-- 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 Brands 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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231204724828/en/

Susan Nelson

Sr. Vice President, Global Communications

Dine Brands Global, Inc.

Susan.nelson@dinebrands.com

Source: Dine Brands Global, Inc.

FAQ

Why did Susan M. Collyns resign from Dine Brands Global, Inc. (NYSE: DIN) board?

Susan M. Collyns resigned from the board due to her newly appointed role as Chief Financial Officer of Fabletics, Inc.

When did Susan M. Collyns join Dine Brands Global, Inc. (NYSE: DIN) Board of Directors?

Susan M. Collyns joined Dine’s Board of Directors in August 2019.

Who praised Susan M. Collyns' contributions to Dine Brands Global, Inc. (NYSE: DIN)?

Richard Dahl, Chairman of the Board of Directors, praised Collyns' contributions, business acumen, and extensive experience leading major restaurant and consumer brands.

What committee did Susan M. Collyns serve on at Dine Brands Global, Inc. (NYSE: DIN)?

Susan M. Collyns has served on the Audit Committee at Dine Brands Global, Inc.

What did Susan M. Collyns express in her resignation statement from Dine Brands Global, Inc. (NYSE: DIN)?

Collyns expressed her honor in serving on Dine's Board for the last four years and her pride in the work done to serve shareholders through sound governance, oversight, and a commitment to driving shareholder value.