Sonic Corp., the nation's largest chain of drive-in restaurants, announced that Scott McLain, the company’s president, will resign from the position effective March 31, 2013.
McLain will continue to serve the company in a transition role through the end of June 2013.
The company also announced that, upon McLain’s resignation as president, Cliff Hudson, chairman and CEO, will assume the title of president. McLain’s responsibilities will be allocated among current and prospective members of management.
“Scott has made numerous and substantial contributions to Sonic, and we would like to thank him for his work and commitment to the brand. We would also like to thank him for staying on to assure a smooth transition,” Hudson says. “Scott helped develop a number of initiatives to grow our brand, and his impact will continue with the successful implementation of those initiatives.”
McLain says, “I am fortunate to have been part of the Sonic family for the past 17 years. I will treasure the strong relationships I’ve developed, including those with my dedicated coworkers and our terrific Sonic franchisees.
“Sonic is about providing opportunities for people, and I am deeply grateful for the opportunities it has provided my family and me,” McLain continues. “The Sonic brand is in a very good place, and I am ready for a new challenge.”
McLain joined Sonic in 1996 as treasurer, was named chief financial officer in 1997 and president in 2004.