Red Robin announces CMO Kevin Mayer's departure

Red Robin Gourmet Burgers, Inc. (NASDAQ: RRGB) disclosed the departure of Chief Marketing Officer Kevin Mayer, effective today. The casual dining burger chain announced the executive change in a filing with the Securities and Exchange Commission but has not yet entered into a severance agreement with Mayer.

As per the filing, Red Robin is expected to finalize a severance agreement with Mayer, the details of which will be reported in an amended Form 8-K. This suggests that negotiations are still underway, and the terms will be disclosed once the agreement is concluded.

The departure of Mayer comes without any immediate announcement of a successor or interim officer to fill the Chief Marketing Officer role. This indicates a potential transition period for the company's marketing leadership.

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