Consumer >> CEO Interviews >> October 6, 1999

Samuel E. Beall Iii – Ruby Tuesday Inc (ri)

SAMUEL E. BEALL III, is Chairman and Chief Executive Officer of Ruby Tuesday, Inc., an over 475-unit casual-dining restaurant company listed on the New York Stock Exchange (RI). Mr. Beall leads a company of three, well-positioned concepts, Ruby Tuesday, American Cafe, and Tia's Tex- Mex. In 1971, while attending the University of Tennessee, Mr. Beall and four 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 Mr. Beall President of the Specialty Division. The Silver Spoon Cafe (formerly changed to Mozzarella's Cafe, now known as American Cafe) 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 1986. He assumed the title of Chief Executive Officer in 1992 and Chairman of the Board in May, 1995. In March, 1996, Ruby Tuesday, Inc. became a separate, publicly held corporation with Mr. Beall as Chairman and Chief Executive Officer. In 1994, MUFSO (Multi- Unit Food Service Operators) honored Mr. Beall as Operator of the Year and presented him with the Golden Chain Award. This also marked the year Mr. Beall was named Executive of the Year by Restaurants and Institutions Magazine. In June of 1998, Ruby Tuesday, Inc. relocated its corporate headquarters to Maryville. Mr. Beall serves as a director of Pilot Corporation. He is a member of the University of Tennessee Development Council, Maryville College Advisory Board, Board of Visitors of the University of Alabama Culverhouse College of Commerce, Knoxville Chamber Partnership Board, and the Young Presidents Organization. Profile
TWST: Let's start by your giving us a brief overview of Ruby Tuesday,

Inc., the company's history, activities, customers, services, those

kinds of things please.

Mr. Beall: Our company really