FORM 8-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Current Report Pursuant
to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported)
December 24, 2002
CHECKERS DRIVE-IN RESTAURANTS, INC.
(Exact name of registrant as specified in charter)
DELAWARE 0-19649 58-1654960
(State or other (Commission (IRS Employer
jurisdiction of File Number) Identification No.)
4300 WEST CYPRESS STREET, SUITE 600, TAMPA FLORIDA 33607
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code
(813) 283-7000
NOT APPLICABLE
Former name or former address, if changed since last report)
Item 9. REGULATION FD DISCLOSURE.
On December 24, 2002, the Registrant issued a news release entitled
"O'Hara Steps Up As Checkers' Chairman of The Board of Directors," and
a copy is being filed herewith as Exhibit 99.1.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
CHECKERS DRIVE-IN RESTAURANTS, INC.
By:_________________________________
Name: Daniel J. Dorsch
Title: President and Chief Executive Officer
Dated: December 24, 2002
EXHIBIT INDEX
Exhibit Number Description
99.1 Press Release, dated December 24, 2002
Exhibit 99.1
CHECKERS DRIVE-IN RESTAURANTS, INC.
4300 West Cypress Street, Suite 600, Tampa, Florida 33607 *
(813) 283-7000 * (813) 283-7001
CONTACT: Kim Francis NEWS RELEASE
MARC Public Relations
412-562-1186
FOR IMMEDIATE RELEASE
TAMPA, FL - December 24, 2002 - CHECKERS DRIVE-IN RESTAURANTS, INC.
(CHKR: NASDAQ) today announced that Peter C. O'Hara, a Director
of the Company since June of 1998 and Vice Chairman since
September 1999, has been elected Chairman of the Board of
Directors effective immediately. Mr. Ronald B. Maggard is
stepping down too as Chairman and member of the Board to
focus on activities closer to his West Coast home.
In addition to his duties at Checkers, Mr. O'Hara is currently President
of Capital Management of L.I., N.Y., Inc. and President of Capital
Management Development, LLC, a developer of commercial real estate.
Ronald Maggard, outgoing Chairman of the Board, commented:
"It's been a very gratifying year as the Company continues in a profitable
and firm direction under Dan Dorsch. The time has
come for me personally to shift my focus on to some
developing opportunities closer to home."
Peter O'Hara, newly elected Chairman of the Board, commented:
"I look forward to my continued work with Dan and the rest of the
Board and building on the foundation
that Dan has provided since his arrival."
For more information about the Company, please visit
www.checkers.com.
Except for historical information, this announcement contains
"forward-looking" and Safe Harbor" statements within the meaning
of Section 27A of the Securities Act of 1933, as amended, Section
21E of the Securities Exchange Act of 1934, as amended and the
Private Securities Litigation Reform Act of 1995. These forward-looking
and Safe Harbor statements reflect management's expectations based
upon currently available information and data; however, actual results
are subject to future events and uncertainties, which could cause
actual results to materially differ from those projected in these statements.
Factors that can cause actual results to materially differ include,
but are not limited to: the uncertainties associated with litigation;
increased advertising, promotions and discounting by
competitors which may adversely affect sales; the ability
of the company and its franchisees to open
new restaurants and operate new and existing
restaurants profitability; increases in food, labor, utilities,
employee benefits and similar costs; economic and political
conditions where the company or its franchisees operate;
and new product and concept developments by food industry
competitors. Further information regarding factors that could
affect the company's financial and other results is included
in the company's Forms 10Q and 10K, filed with
the Securities and Exchange Commission.