More information on Red Robin's Ex-CEO

Business Week Online ran this story on Michael J. Snyder, the former CEO of Red Robin, who left his position after an audit uncovered expenses that were inconsistent with company policy. According to Wiggin and Dana's Franchise Law Blog, Snyder repaid $1.25 million to cover the disputed expenses and stays on as an unpaid consultant to the company and still owns 31% of the company as the chain's largest franchisee.