Consumer >> CEO Interviews >> August 20, 2001
SAMUEL E. BEALL is Chairman and Chief Executive Officer of Ruby Tuesday,
Inc. In 1971, while attending the University of Tennessee, Mr. Beall and
college friends founded the Ruby Tuesday concept. Over the next 10
years, Mr. Beall and his team grew Ruby Tuesday to 16 units and, in
1982, opened the first L&N Seafood Grill at the World's Fair in
Knoxville. On May 1, 1982, Morrison Incorporated acquired the Ruby
Tuesday and L&N Seafood Grill concepts and named him President of the
Specialty Division. The Silver Spoon Caf (formerly changed to
Mozzarella's Caf, now known as American Caf) concept was added in 1984
and the Tia's concept in 1995. Mr. Beall was named Executive Vice
President of Morrison in 1985, and was elected President and Chief
Operating Officer in 1987. He assumed the title of Chief Executive
Officer in 1992 and Chairman of the Board in May 1995. In March 1996,
the Board of Directors, approved spinning off the two smaller operating
divisions and Ruby Tuesday, Inc. became a separate, publicly held
corporation with Mr. Beall as Chairman and Chief Executive Officer. Profile
TWST: Could you give us an overview of Ruby Tuesday? Also yourinvolvement and experience with Ruby Tuesday and the industry.
Mr. Beall: Ruby Tuesday, Inc., is a publicly owned company traded