Fiesta Restaurant Group, Inc. Appoints Richard Stockinger CEO

February 27, 2017

Adds Highly-Qualified Industry Executive Paul Twohig to the Board

Promotes Danny Meisenheimer to Chief Operating Officer

Names Stacey Rauch Chairman of the Board

Provides Strategic Update

Dallas, TX  (  Fiesta Restaurant Group, Inc. (“Fiesta” or the “Company”) (NASDAQ:FRGI), parent company of the Pollo Tropical® and Taco Cabana® fast casual restaurant brands, today announced new changes to its management team and Board designed to strengthen the Company and its governance, and a strategic update.

Leadership Update

The Board has appointed Richard (“Rich”) Stockinger as Chief Executive Officer of Fiesta. Mr. Stockinger served as President and Chief Executive Officer of Benihana Inc.