Mark E. Schwarz is the Chairman, Chief Executive Officer and Portfolio Manager of Newcastle Capital Management, L.P., a private investment management firm he founded in 1993 that is the general partner of Newcastle Partners, L.P. Mr. Schwarz was appointed Chairman of the Board of the Company in February 2004. Mr. Schwarz is also Chairman of the Board and Chief Executive Officer of Hallmark Financial Services, Inc., Chairman of the Board of Bell Industries, Inc., Chairman of the Board of New Century Equity Holdings Corp., and a director of Nashua Corporation, S L Industries, Inc. and Web Financial Corporation. Mr. Schwarz was appointed a director in December 2002.
Clinton J. Coleman has served as a director of RAVE Restaurant Group, Inc. since 2007. Mr. Coleman currently serves as Co-founder and Chief Executive Officer of Novo Labs, Inc. Previously, Mr. Coleman served as Managing Director of Newcastle Capital Management, L.P., an investment firm that is the largest shareholder of RAVE Restaurant Group, Inc. He served as Interim Chief Executive Officer of RAVE Restaurant Group, Inc. in 2012 and again in 2016. Prior to joining Newcastle, Mr. Coleman served as Chief Executive Officer of Bell Industries, Inc. and was a portfolio analyst with Lockhart Capital Management, L.P. From 2002 to 2003, he served as an associate with Hunt Investment Group, L.P., a private investment group.
William C. Hammett, Jr., is the retired Chief Executive Officer of iH3, LLC, an early stage, integrated wellness, and fitness company working with physicians and hospitals targeting chronic illnesses. Mr. Hammett was the Chief Financial Officer and Senior Vice President for Dave & Buster’s, Inc., an operator of restaurant/entertainment complexes, from 2001 to 2006. He also served on the Board of Directors for Carreker Corporation from 2006 to 2007. From 1997 to 2001, Mr. Hammett was self-employed in the restaurant industry. From 1992 to 1997, Mr. Hammett was the Chief Financial Officer/Senior Vice President Accounting & Administration for La Quinta Inns, Inc., a national hotel chain. Previously, he was employed by the accounting firm of PriceWaterhouseCoopers.
Mr. Page was the Chief Executive Officer of Backyard Burgers from July 2008 to September 2011. He is a former franchisee of Shoney’s, Inc., a family dining restaurant chain. Mr. Page was appointed a director of the Company in February 2004.