Joe’s Crab Shack parent co. names new CEO as it prepares for sale

Houston-based Ignite Restaurant Group Inc. on April 3 announced some executive changes — including a new CEO — as it begins pursuing the sale of its business.

The restaurant group is working with Piper Jaffray on the process, which could result in the sale of Ignite’s entire business or separate sales of its two brands, Joe’s Crab Shack and Brick House Tavern + Tap.

Ignite, which was recently delisted from the Nasdaq Stock Market, noted that it could not make any assurance that the process…

Joe’s Crab Shack parent co. names new CEO as it prepares for sale syndicated post

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