Articles > Newspapers > U.S. Newspapers, Major Markets > The Dallas Morning News (Dallas, TX) news wires > September 2006

Article: Pizza Inn, former exec settle contract dispute for $2.8 million: Former CEO, board disagreed over terms.

Article from:
The Dallas Morning News (Dallas, TX)
Article date:
September 26, 2006
Copyright

Byline: Karen Robinson-Jacobs

Sep. 26--Pizza Inn Inc. has agreed to pay its former president and chief executive $2.8 million to settle a nearly two-year-old legal feud. Ronnie Parker was one of three executives who left the restaurant chain during a tumultuous period that began in early 2004. Pizza Inn has already reached agreements with the other two. Mr. Parker was terminated in 2004, in part over board unhappiness about his employment contract. He filed suit against Pizza Inn, based in The Colony, and the matter went to arbitration with the company seeking $9.4 million.

Mr. Parker filed a counterclaim seeking $5.4 million from Pizza Inn. ...

Read all of this article with a FREE trial

Related newspaper, magazine, and journal articles:

Article: Investment Group Newcastle Partners Takes Control of Pizza ...
Knight Ridder/Tribune Business News;  February 12, 2004 ;     700+ words ... ... million to Mr. Parker. Pizza Inn earned nearly $3.1 million ... and Exchange Commission, Pizza Inn argued that the employment agreements provide that if the executives ... Phillips, 70, worked at Pizza Inn from 1974 to 1989, including ...

Article: Pizza Inn adds former CEO to compensation suit.
Knight Ridder/Tribune Business News;  December 15, 2004 ;     513 words ... ... Monday as chief executive of Pizza Inn Inc., was added as a ... significant liabilities' on Pizza Inn." Rogge Dunn, Mr. Parker ... Akin Gump's work for Pizza Inn. Akin Gump did not prepare the employment agreements in question." To see ...

Article: Potential Severance Costs Could Hobble Pizza Inn.
Knight Ridder/Tribune Business News;  February 16, 2004 ;     700+ words ... ... When shareholders of Pizza Inn Inc. opted last week to ... part of its top executives' employment agreements for years, Pizza Inn could be forced to dish out ... than double the net income Pizza Inn posted in its 2003 fiscal ...

Article: Pizza Inn says CEO is overpaid.
Dallas Morning News (Dallas, TX);  November 9, 2004 ;     498 words ... ... Parker, chief executive of Pizza Inn Inc., is overpaid given the ... continues to be an issue because of employment agreements that grant them potentially hefty ... based in part on compensation. Pizza Inn's stock rose 3 cents Monday ...

Article: Pizza Inn, Inc. Announces Ronald W. Parker ...
PR Newswire;  December 14, 2004 ;     700+ words ...PIZZA INN, INC. At a special meeting held on ... 11, 2004, the board of directors of Pizza Inn, Inc. terminated Ronald W. Parker ... Chief Executive Officer and President. Pizza Inn will immediately commence a nationwide ...

Article: Pizza Inn Announces Multi-Unit Agreement in Kuwait.
PR Newswire;  November 14, 2007 ;     700+ words ... ... Nov. 14 /PRNewswire-FirstCall/ -- Pizza Inn, Inc. today announced the signing of a ... unit development agreement to open 20 new Pizza Inn restaurants in the country of Kuwait. Pizza Inn, famous for its made from scratch crusts ...

Article: PIZZA INN ANNOUNCES MULTI-UNIT AGREEMENT IN KUWAIT.
AsiaPulse News;  November 15, 2007 ;     700+ words ... ... details below.) MEDIA RELEASE PR28345 Pizza Inn Announces Multi-Unit Agreement in Kuwait ... Expands Chain's International Presence Pizza Inn, Inc. (Nasdaq: PZZI) today announced ... development agreement to open 20 new Pizza Inn restaurants in the country of Kuwait ...

Article: Pizza Inn on expansion drive.
Arab News (Jeddah, Saudi Arabia);  April 29, 2009 ;     700+ words ...Byline: Arab News RIYADH: Pizza Inn, in defiance of the global recession ... president and CEO of the US-based Pizza Inn here yesterday. Morrison announced the scheduled opening of some nine Pizza Inn restaurants including four in the Western ...

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!

Find articles, research, and archives