Nick Shepherd resigning as TGI Fridays’ CEO

Nick Shepherd resigning as TGI Fridays’ CEO

Shepherd will step down in October

Nick Shepherd, TGI Fridays’ president and CEO for the past six years, will be stepping down from that role by mid-October, the casual-dining company said Thursday.

The Carrollton, Texas-based Fridays said Shepherd informed the board of his resignation “recently” and that he will help the company seek a successor. Shepherd was named CEO and president in February 2009.

“He believes the time is right to pass the torch to a new leader to steer the 50-year-old brand through

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