Former Red Robin CEO Snyder Dies of Suicide, According to Reports
Tuesday, December 04, 2018
"Michael Snyder, 68, shot himself in the head while sitting on a bench in the front yard of his home in Yakima, Washington," reports the Post.
According to TMZ, which first reported the news on Tuesday, police “responded to a 911 call and found Snyder’s body … no suicide note was left behind.”
The Post reports:
Snyder left the helm of the Colorado-based casual-dining chain in 2005 after being forced to repay $1.25 million in unauthorized perks, including misuse of the corporate jet.
Snyder opened the first Red Robin franchise in 1979, expanding to 14 restaurants that he ran with his brothers, Steve and Brad. He had been the company’s largest individual shareholder as of 2007.
“During Mike’s time with the Red Robin family, he made many contributions to the growth of our brand, including his role as an early franchisee and, some years later, his leadership role at the company,” a Red Robin spokesman said in a statement.
Red Robin has 566 locations in North America.