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Pizza Inn, Inc. (PZZI) Names Charlie Morrison as President and CEO

Pizza Inn, Inc (PZZI) has announced the appointment of Charlie Morrison as the company’s new President and CEO. Morrison has been serving as the company’s Interim President and CEO and Chief Financial Officer since August 15, 2007.

Prior to joining Pizza Inn, Morrison served as the President for Stake and Ale, owned by Tavern Restaurants. Prior to this employment, Charlie served as the Vice President of Finance for Kinko’s, Inc.

Mark Schwarz, Chairman of the Board, stated, “Over the last several months, Charlie has clearly demonstrated his ability to lead the Pizza Inn brand. By continuing to work closely with the Board of Directors, our franchise partners and the company’s management team, I am confident that he will provide the organization with the strategic leadership needed to maximize Pizza Inn’s long-term potential.”

Mr. Morrison added, “I am extremely excited about the opportunities that exist at Pizza Inn. The Company is in a strong and stable financial position and poised for growth. In recent quarters we have established a great deal of momentum, specifically in the areas of comparable store sales increases, earnings improvements, the openings of three new domestic buffets within the last two weeks and the signing of a multi-unit agreement in our international division last month.”

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