The chief financial officer of a popular steakhouse chain has called it quits, citing the negative regulatory environment, including what he referred to as "lunacy over lease accounting."

Robert S. Merritt, CFO for Outback Steakhouse Inc., which also operates Roy's, Carrabba's Italian Grills, and Cheeseburger in Paradise restaurants, announced his retirement and his resignation from the company's board, effective May 27.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access