Texas Roadhouse, Inc. Appoints Southwest Airlines Veteran Chris Monroe Chief Financial Officer  

Rhea-AI Summary

Texas Roadhouse announces the hiring of Chris Monroe as Chief Financial Officer, effective June 28, 2023. Monroe brings over 34 years of financial experience, including 30 years at Southwest Airlines.

Positive

• Chris Monroe's extensive financial experience and background at Southwest Airlines could bring valuable expertise to Texas Roadhouse. His appointment as CFO may positively impact the company's financial reporting, investor relations, and financial analysis functions.

Negative

• None.

LOUISVILLE, Ky., May 18, 2023 (GLOBE NEWSWIRE) -- Texas Roadhouse, Inc. (Nasdaq: TXRH), announced today that Chris Monroe has been hired as Chief Financial Officer, effective June 28, 2023. Mr. Monroe has over 34 years of financial experience, including the past 30 years at Southwest Airlines. He most recently served as Senior Vice President of Finance and Treasurer.

As the Company’s principal financial officer, Mr. Monroe will be responsible for overseeing the Company’s accounting, financial reporting, investor relations, tax, treasury, internal audit, and financial analysis functions.

“We are excited to have Chris join our team. Chris brings valuable experience across a number of financial disciplines to Texas Roadhouse,” said Jerry Morgan, Texas Roadhouse Chief Executive Officer. “He also has 30 years of experience at Southwest Airlines, which has a company culture we have admired for many years.”

At Southwest Airlines, Mr. Monroe was responsible for the overall capital strategy, planning and structure. He was also responsible for corporate insurance and risk management, as well as supply chain management and corporate sustainability.

“I’m humbled and excited to join the team at Texas Roadhouse. I love that the foundation of Texas Roadhouse is built upon great people serving Legendary Food with Legendary Service.  I’m looking forward to continuing to build this great company’s financial strength and opportunities for growth,” said Mr. Monroe.

About the Company

Texas Roadhouse, Inc. is a growing restaurant company operating predominantly in the casual dining segment that first opened in 1993 and today has grown to over 700 restaurants system-wide in 49 states and ten foreign countries. For more information, please visit the Company’s Web site at www.texasroadhouse.com.

Contacts:

Investor Relations
Michael Bailen
(502) 515-7298

Media
Travis Doster
(502) 638-5457

FAQ

Who is the new Chief Financial Officer of Texas Roadhouse?

Chris Monroe has been hired as the new Chief Financial Officer of Texas Roadhouse.

When will Chris Monroe start his role as CFO?

Chris Monroe will assume the role of Chief Financial Officer on June 28, 2023.

What is Chris Monroe's background?

Chris Monroe has over 34 years of financial experience, including 30 years at Southwest Airlines.

What will be Chris Monroe's responsibilities as CFO?

As CFO, Chris Monroe will oversee the Company’s accounting, financial reporting, investor relations, tax, treasury, internal audit, and financial analysis functions.

How might Chris Monroe's appointment impact Texas Roadhouse?

Chris Monroe's appointment as CFO could positively impact Texas Roadhouse by bringing valuable financial expertise and contributing to the company's growth and financial strength.