April 17, 2006

Smith Appointed President and CEO of Arby’s

Arby’s appointed Roland Smith president and chief executive officer, effective immediately. Smith replaces Douglas Benham, who will serve as a consultant during the transition period.

Most recently, Smith served as president and chief executive officer of the American Golf Corp. and National Golf Properties. He previously worked for Arby’s, serving as president and CEO of the chain’s former parent company, Arby’s Inc., from February 1997 to April 1999. Smith has also served as president and CEO of AMF Bowling Worldwide Inc. and held management positions at KFC International, Schering-Plough, Pepsi Cola International and Procter & Gamble.

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