Thursday, November 15, 2007

TOP LEVEL APPLEBEE’S EXECS BID ADIEU

Eight Applebee’s execs, including president and ceo Dave Goebel and cfo Steve Lumpkin, are leaving the company after its $2.3 acquisition by IHOP. In a statement released last week, IHOP will eliminate 11 more leadership positions, leaving Applebee’s top-level team to 10 people.