The Cheesecake Factory CFO to retire
W. Douglas Benn, executive vice president and chief financial officer of The Cheesecake Factory Inc., will step down on July 7 and be replaced by Matthew Clark, senior vice president, finance and strategy, the casual-dining operator said Thursday.
“The time is right for me to pursue other interests, and I look forward to remaining active in the restaurant industry and beyond in my next chapter,” Benn, who joined The Cheesecake Factory as CFO in 2009, said in a statement.
The management changes are part of a long-planned succession by the board, the company said.
As CFO, Benn helped grow The