Brad Blum offers to run Cosí for $1

Brad Blum offers to run Cosí for $1

Brad Blum, former Burger King chief executive-turned-activist investor, called for a new board of directors for the beleaguered Cosí chain Tuesday, offering himself as chair and chief executive for a first-year salary of $1.

Blum is founder and chief executive of BLUM Growth Fund LLC, which holds a nearly 7-percent stake in the Deerfield, Ill.-based Cosí Inc.

This summer, NASDAQ warned the operator and franchisor of the 138-unit fast-casual Cosí brand of a p

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