Item M2BOARD OF COUNTY COMMISSIONERS
AGENDA ITEM SUMMARY
Meeting Date: Wed. April 16, 2014
Division: BOCC
Bulk Item: Yes No XX Department: Comm. David Rice
Staff Contact /Phone #: Tamara Lamarche
PH: 305 289-6000
AGENDA ITEM WORDING: Approval of an appointment to the Duck Key Security District Advisory
Board to fulfill the term of Donna Flammang through April 2015.
ITEM BACKGROUND: Donna Flammang submitted her resignation last month in February and it was
accepted by the District Board at their March meeting.
PREVIOUS RELEVANT BOCC ACTION:
CONTRACT/AGREEMENT CHANGES:
STAFF RECOMMENDATIONS:
TOTAL COST: COST: BUDGETED: Yes No
DIFFERENTIAL OF LOCAL PREFERENCE:
COST TO COUNTY: SOURCE OF FUNDS:
REVENUE PRODUCING: Yes No AMOUNT PER MONTH Year
APPROVED BY: County Atty _ OMB/Purchasing Risk Management
DOCUMENTATION: Included XX Not Required
DISPOSITION:
Revised 7/09
AGENDA ITEM #
Monroe County Boards and Committees
Appointment Information
Board or Committee: Duck Key Security District Advisory Board
Commissioner Appointing Member: David Rice, (BOCC District 4)
Name of Member:
Address:
Mailing Address:
Rick Sherman
202 Schooner Ln.
Duck Key, FL
Same
Phone Numbers: Work: N/A
Home: 305-743-0965
Cell: 502-314-6698
E-mail: frshermaninvestments@pmail.com
Date of Appointment: April 16, 2014
Reappointment:
Date Term Expires: April 15, 2015
Name of Person Being Replaced: N/A
Fulfilling Term of: Donna Flammang
Misc. Info: Ms. Flammang resigned from the board in January 2014.
RICHARD F. SHERMAN 202 Schooner lane, Duck Itiey, Fl 33050
(305) 143 -0965 (home) A (502) 314-6698 (cell)
EXECUTIVE MANAGEMENT
Experienced, successful businessman focusing on grouting and enhancing restaurant chains, retail
chains and other multi -location businesses. A proven record of growing small companies into
meaningful companies in their business categories and operating large chains and business units and
improving their performance. Extensive experience with growth strategies and planning, franchising,
Finance, acquisitions and dispositions, and accessing public and private financial markets. 'fakes
particular pride in the growth and success of team members: Principal Personal strengths include
integrity, loyalty, hard work and a strong sense of urgency. A fair but firm manager who creates a7]
environment that rewards commitment and accomplishment and encourage people to perform at
their best,
CAREER SUMMARY AND ACCOMPLISHMENTS
Member, Board of Directors — Public Companies
♦ Reeds jewelers, Inc. A,%MFX (1991 to present, company went private 2005)'
Chairman, Compensation Committee; Member, Audit Committee
♦ Papa John's International, Inc. NASDAQ (1993-2004)
Nlember, Executive Committee (1993-2004); Chairman, Audit and Compensation Committees
(several years)
♦ P) l'tlited, Inc. NASDAQ (1991 to 2007) (company sold)
Chairman of the Board (1996 to present)) Company went private during 2001.
♦ Tacos Cabana, Inc. NASDAQ (1991-2001)
Lead Director (1997 to 2001); Rlember, Audit and Compensation Committees (1992-2001),
engaged investment bankers and coordinated a successful initial public offering in 1992; Company
sold to private firm in 2001.
♦ Rally's Inc. (1987-1991)
Chairman
• Fifty Off Stores, Inc. NASDAQ (1991-1995)
Chairman, Audit and Compensation Committees (various years bemeen 1991-1995); coordinated
successful secondary offering with investment banking relationships.
♦ Bancshares ofTexas, Inc. (1986-1989)
NIember, Audit Committee
♦ Church'.,; fried Chicken, Inc. NYSE (1984-1987)
President and CEO
Nlj: bier Board of Directors — Private Companies
• Everbtite, I.IC Oune 2010 — Present), President (Decembet 2011 — Present)
• jimmy johns Franchise, Inc. (2002-2006)
♦ Qdoba Restaurant Corp (2000-2003) Company sold m public company.
0 Hardee's Pond Systems and its parent, Iniasct; IJS.\ (1980-1984)
�1991 to Present) Franchisee, Papa John's International Inc., Louisville Kentucky
♦ Board member (1993-2004)
• Consultant (1991-2004) recruited by founder to refine business strategies, improve franchise
profile and growth plans, negotiate key- franchise and vendor relationships, serve on Marketing
Advisory Council, obtain necessary bank lines for growth, initiate and direct the company's initial
public stock offering, and mentor members of senior executive team.
(June 2010 — Present) Everbrite, I.LC. Milwaukee, W1
♦Boarrd Member & Consultant (June 2010 — Present)
♦ Retained by sole shareholder of Everbrite, LL.C, one of the largest outdour sign companies in the
countn', to recruit an ,advisory Board, replace the CEO, and develop and implement restructuring
and growth plans for the company.
(1991 to 2007) Chairman and )rounder, P-1 United, Inc., Birmingham, Alabama
• bounder of mvn large franchise groups of Papa John's International
♦ hlergcd franchise companies in 1996 to become largest Franchisee with more than 150 restaurants
and $10l1 million in sales.
♦ Assembled both investor groups and directly participated as investor and chairma►i,
• Directed the activities of the CEO and also chaired executive committee of the board.
• Selected as Franchisee of the Year and nominated two additional times.
(2002 to 2006) Board Member. Consultant and Franchisee,.jimmy Johns Franchise Inc., Champaign Illinois
♦ Prepare white paper for board analyzing company and outlining strategic business plan setting key
growth and profit priorities.
• Plan adopted. The number of restaurants, revenues and profits were up over 50% in 2003,
following adoption of the plan the prior year.
♦ Shareholder in a franchise group currently developing Junmy John's restaurants. (2005-2006)
,(2000-2003) Consultant and Franchisee, Odoba Restaurant Corp, Denver. Colorado
♦ Itey advisor and mentor to CL:O. Company experienced rapid growth in sales, units and profits
and was sold to Jack in the Box, Inc. in early 2003.
♦ Shareholder in group currently developing Qdoba restaurants
(1987 — 1991) Chainnan. President & CRO, Rally's Hamburgers, Inc., Louisville_ 1, entucky
♦ Recruited to develop and grow eighteen unit double drive-thru hamburger chain. Grew company
to more than 200 restaurants in two years, directed initial public offering and opened a total of
more than 500 company and franchised restaurants prior to 1991.
♦ Chain became the largest and most successful chain in its restaurant segment
(1984 — 1987) President. CEO and Board Member, Church's Fried Chicken. Inc.. San .-Antonio. Texas
♦ "Cook over struggling 1,500 unit restaurant chain, significantly increased sales and profits to record
sales results and second best profit year in company's history in 1985 following several years of
declining results. Disagreed with Board over franchising strategies, secured more than $400
million in Financing for leveraged buyout of company but could not come to terns with the
company,
(1971 — 1984 Executive Vice President and Board Member. I lardee's Food Systems, Inc. and Imasco USA,
Inc.. Rocky Mount, NQrth Carolina
♦ Joined company in 1971 as Staff ,attorney and rose to Senior Vice President and General C Ounsel;
Senior Vice President, .-Administration; and Executive Vice President with all finance, legal and
administrative positions reporting to him along with two of five division Presidents.
2
• Reported to the Chairman and CF.O
♦ F,lccted to the Board of Directors, 1982.
♦ Instrumental in financial restructuring of company- in 1975 and its successful turnaround in sales,
unit growth and profitability.
♦ Personally directed asset management program divesting businesses and markets that were not a
long-term strategic fit for the company- and directed significant acquisition Program that
accelerated market penetration and growth.
• After five tears of record sales and profits, left to become President of Church's Fried Chicken.
EDUCATION
♦ B.A., Ilistory, Pennsylvania Stale University
♦ JD ]saw, UniversityofTexas Law School
PROFESSIONAL DEVELOPMENT
• Graduate and Class President of University- of North Carolina Fxecutive MBA Program
OTHER INFORMATION
♦ I Ionorary Degrees
- Paul Quinn College and Shaw University
♦ Recognized in ' \X,%o's %r'ho in America"
♦ Profiled in Wall Street.journal, featured in Forbes and Restaurant Industry trade press
♦ Meet the criteria for Audit Committee and Compensation Committee
♦ Maintain a large number of business and personal relationships with people I've worked for, and
with over the past 30 years and have prior relationships with each of my present business partners
that ranges from at least ten years to more than thirty years.
♦ Member, Board of 'Trustees — Paul Quinn College, Dallas, 'Texas (the oldest historically black
college west of the L-Iississippi) (1986-2007)
Sherry Popham
Secretary, Duck Key Security Advisory Board
c/o Tom Neville, Chair
126 Bimini Drive
Duck Key, FL 33050
March 27, 2014
Commissioner David Rice
District 4 Commissioner
Monroe County Board of Commissioners
9400 Overseas Highway, Ste. 210
Marathon, FL 33050
Dear Commissioner Rice:
The Duck Key Security Advisory Board meeting which took place on March 18, 2014, voted to
recommend the following 3 candidates for the open seat:
1) Frank Marino, 4 votes
2) Rick Sherman, 3 votes
3) Mary Balazs, 3 votes
The Board Members thank you for the opportunity to give your office their recommendations.
Sincerely,
Sherry opham
Secretary, Duck Key Security Advisory Board
Attachment: Resumes for Mr. Marino, Mr. Sherman, Ms. Balazs
January 24, 2014
To: Tom Neville
Chairman of the Duck Key Security Advisory Board
I hereby resign as a board member, effective immediately, of the Duck Key Security Advisory Board.
Very truly yours,
Donna M. Flammang "'