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.
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