Red Robin Gourmet Burgers dismissed its chief executive yesterday after the restaurant chain said an internal probe had determined he misused...

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GREENWOOD VILLAGE, Colo. — Red Robin Gourmet Burgers dismissed its chief executive yesterday after the restaurant chain said an internal probe had determined he misused charter airplanes and corporate expense accounts.


Michael Snyder will retire as chairman, chief executive and president of the company, but is expected to serve as a consultant during a transition period. Red Robin said the top management change follows a special committee investigation that identified various expenses by Snyder that were inconsistent with company policies, or “lacked sufficient documentation.”


Red Robin said Snyder agreed to reimburse the company for such expenses following completion of the review. He took control of the company after merging his Snyder Group with the parent company in 2000. The company conducted a successful initial public offering three years ago.