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Article #675On the outs at In-N-Out
From: Julian Macassey
Date: Sat, 07 Jan 2006 16:09
Date: Sat, 07 Jan 2006 16:09
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2147 bytes
From the Jan 7 LA Times: In-N-Out Burger Inc., the Irvine company known for its Double-Double and its customers' intense devotion, is embroiled in a family feud, according to a lawsuit. Richard Boyd, In-N-Out's vice president and a board member, has accused 23-year-old heir Lynsi Martinez and others of trying to accelerate her takeover of the popular family-owned burger chain. Boyd contends that Martinez and allied corporate executives have attempted to force out Esther L. Snyder, the family matriarch, company president and a board member, who is 86 and in poor health, according to a lawsuit filed Thursday in Los Angeles County Superior Court. Martinez is the only grandchild of Snyder, who opened the first drive-through In-N-Out stand in 1948 with husband Harry Snyder. The lawsuit reads like a corporate soap opera in which Boyd, a longtime employee and co-trustee of nearly two-thirds of the privately held company's stock, is the lone impediment to an alleged attempt by Martinez to engineer a coup and install top management that would expand the chain too quickly. Boyd also accused Martinez, In-N-Out Vice President Mark Taylor and others of attempting to wrongly fire Boyd from In-N-Out and his trustee positions. [more] -- If 40 per cent of Americans still believe Saddam Hussein had a hand in the attacks of 9/11, it follows either that they are all very stupid or that they have been fed a whole lot of lies by somebody or other. -- Richard Ingrams
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X-Google-Thread: 115ce9,4bb0887f4fcb8da5,start X-Google-Thread: fe8e7,4bb0887f4fcb8da5,start X-Google-Attributes: gid115ce9,gidfe8e7,public X-Google-Language: ENGLISH,ASCII-7-bit Path: arc1-ca.pugleaf.net!g2news1.google.com!news3.google.com!sn-xt-sjc-15!sn-xt-sjc-09!sn-post-01!supernews.com!corp.supernews.com!not-for-mail From: Julian Macassey <julian@tele.com> Newsgroups: la.eats,ba.food Subject: On the outs at In-N-Out Date: Sat, 07 Jan 2006 16:09:31 -0000 Organization: Ned Lud's Technology Museum Message-ID: <slrndrvptr.tfa.julian@bongo.tele.com> User-Agent: slrn/0.9.8.0 (Linux) X-Complaints-To: abuse@supernews.com Lines: 35