Consumer >> CEO Interviews >> February 10, 2003

Philip Hickey Jr. – Rare Hospitality International Inc (rare)

PHILIP J. HICKEY JR. is Chairman and Chief Executive Officer of RARE Hospitality International, Inc., an Atlanta-based restaurant company whose concepts include LongHorn Steakhouse, Bugaboo Creek Steak House and The Capital Grille. As a 33-year veteran of the industry, he has experienced the restaurant business from many perspectives. He has been an entrepreneur, single restaurant owner-operator, has co-founded a restaurant company and taken it public, has grown a concept from six units to 50 units and has led RARE Hospitality since 1997. Over the last three years RARE Hospitality has been recognized for its achievements: Atlanta Journal-Constitution's 'Georgia's 100 Best in Business'' RARE ranked seventh; Forbes magazine's '200 Best Small Companies in America'; and BusinessWeek's 'Hot Growth Companies.' RARE has more than tripled in volume to over $680 million in annual sales, more than tripled net earnings and added more than 125 restaurants since 1997. In October 2002, Mr. Hickey was named 'Restaurateur of the Year' by the Georgia Hospitality and Travel Association. He received a Bachelor's degree in Hotel and Restaurant Management from Michigan State University and has served as an Adjunct Professor at the Massey Business School at Belmont University. He currently serves on the Board of Advisors for the Hospitality Program at Georgia State University, as well as the Board of Directors of the Atlanta Convention and Visitors Bureau. He is a founding Board member of the YMCA Community Action Project, an active member of the Young Presidents' Organization, and serves on the Board of Counselors at the Jimmy Carter Center in Atlanta. Profile
TWST: Would you begin with a brief historical sketch of RARE

Hospitality International and then a picture of the company as it

is now?

Mr. Hickey: RARE Hospitality International was founded in