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Cosi CEO steps down
March 12, 2007
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ClaudeDEERFIELD, Ill. — Bakery café chain Cosi Inc. announced that chief executive Kevin Armstrong has resigned. Armstrong cited health reasons for his resignation.
According to a news release, Cosi's board of directors has named Robert Merritt, former chief financial officer of Outback Steakhouse, as the interim CEO, effective immediately.
Cosi's board has appointed a search committee to nationally recruit a permanent CEO.
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