GLENDALE, Calif., March 1, 2017 /PRNewswire/
-- DineEquity, Inc. (NYSE: DIN), the parent company of Applebee's Neighborhood Grill & Bar® and
IHOP® restaurants, today announced that it has accepted the resignation of its Chief Financial Officer, Thomas W. Emrey, to be effective March 15, 2017. Mr. Emrey is leaving to
accept the position of Chief Financial Officer at Munchkin, Inc., a leading global infant products lifestyle brand.
Effective March 15, 2017, Greggory H. Kalvin, DineEquity's Senior
Vice President, Corporate Controller, will assume the role of interim CFO until a permanent successor to Mr. Emrey is
named. A search for a permanent CFO has commenced.
Commenting on Mr. Emrey's departure, Richard J. Dahl, Chairman and interim Chief Executive
Officer of DineEquity, Inc. said, "On behalf of everyone at DineEquity and our board of directors, I would like to thank Tom for
his many contributions during his tenure as CFO. Tom has been a valued member of the DineEquity executive team for more
than 5 years. We wish him much success in his future endeavors." Mr. Dahl added, "I am confident that Gregg Kalvin, our long-time controller, will do an excellent job."
About DineEquity, Inc.
Based in Glendale, California, DineEquity, Inc., through its subsidiaries, franchises and
operates restaurants under the Applebee's Neighborhood Grill & Bar and IHOP brands. With more than 3,700 restaurants combined
in 18 countries and 3 U.S. territories and approximately 400 franchisees, DineEquity is one of the largest full-service
restaurant companies in the world. For more information on DineEquity, visit the Company's Web site located at www.dineequity.com.
Forward-Looking Statements
Statements contained in this press release may constitute forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by words such as "may," "will,"
"should," "could," "expect," "anticipate," "believe," "estimate," "intend," "plan" and other similar expressions. These
statements involve known and unknown risks, uncertainties and other factors, which may cause actual results to be materially
different from those expressed or implied in such statements. These factors include, but are not limited to: the effect of
general economic conditions; the Company's indebtedness; risk of future impairment charges; trading volatility and the price of
the Company's common stock; the Company's results in any given period differing from guidance provided to the public; the highly
competitive nature of the restaurant business; the Company's business strategy failing to achieve anticipated results; risks
associated with the restaurant industry; risks associated with locations of current and future restaurants; rising costs for food
commodities and utilities; shortages or interruptions in the supply or delivery of food; ineffective marketing and guest
relationship initiatives and use of social media; changing health or dietary preferences; our engagement in business in foreign
markets; harm to our brands' reputation; litigation; fourth-party claims with respect to intellectual property assets;
environmental liability; liability relating to employees; failure to comply with applicable laws and regulations; failure to
effectively implement restaurant development plans; our dependence upon our franchisees; concentration of Applebee's franchised
restaurants in a limited number of franchisees; credit risk from IHOP franchisees operating under our previous business model;
termination or non-renewal of franchise agreements; franchisees breaching their franchise agreements; insolvency proceedings
involving franchisees; changes in the number and quality of franchisees; inability of franchisees to fund capital expenditures;
heavy dependence on information technology; the occurrence of cyber incidents or a deficiency in our cybersecurity; failure to
execute on a business continuity plan; inability to attract and retain talented employees; risks associated with retail brand
initiatives; failure of our internal controls; and other factors discussed from time to time in the Company's Annual and
Quarterly Reports on Forms 10-K and 10-Q and in the Company's other filings with the Securities and Exchange Commission. The
forward-looking statements contained in this release are made as of the date hereof and the Company assumes no obligation to
update or supplement any forward-looking statements.
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SOURCE DineEquity, Inc.