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J. Clifford HudsonChairman of the Board and Chief Executive Officer -
Sonic Corp.
Clifford Hudson has spent the last 25 years of his career at Sonic Corp., an Oklahoma City-based, publicly-held company that owns, operates and franchises SONIC Drive-In restaurants (NASDAQ: SONC). Today, he is chairman of the board and chief executive officer of this public company with 3,500 franchised and company-operated drive-in restaurants. SONIC's common stock is included in the S&P MidCap 600 Index.
Hudson was named chairman of Sonic Corp. in January 2000. Previously, Hudson was chief executive officer (CEO) and president of Sonic Corp., positions he held since April 1995. Prior to that time, he served the company in a variety of capacities, including general counsel, chief financial officer and chief operating officer.
During Hudson's tenure as CEO of SONIC, average drive-in profit has grown from $78,000 to almost $160,000, average drive-in sales from $602,000 to $1.1 million, system-wide sales from $880 million to almost $4 billion and brand awareness has doubled. The company's revenues are seven times greater and enterprise value (the public value of its common stock plus debt) has grown from approximately $200 million to more than $1.0 billion.
In his position, Hudson has earned achievements as the 2004 Silver Plate Foodservice Operator of the Year Award from International Foodservice Manufacturers Association and 2000 Multi-Unit Foodservice Operators (MUFSO) Golden Chain Award from Nation's Restaurant News. Most recently, SONIC has also received national recognition from publications such as Forbes, Entrepreneur, QSR and Restaurants & Institutions magazines. He has been a guest on various national business programs including CNBC's Mad Money, Squawkbox and Power Lunch, as well as various Bloomberg news programs.
Hudson has been affiliated with many nonprofit and community activities. He served as chairman of the board of directors of the Securities Investor Protection Corporation (SIPC), a presidential appointment, from 1994 - 2001. He recently served as Chairman of the Oklahoma City School Board from 2001-2008, a position created in 2000 as part of a $530 million turn around of a 40,000 student, inner-city Oklahoma City Public School system. He currently serves as trustee of the Ford Foundation (New York) and is the Chairman of the Board of the National Trust for Historic Preservation.
Through his education work, Hudson has been involved with art and music programs, including leading a SONIC-sponsored music group, The Sonic Tones. In addition to performing with the Oklahoma City symphony in 2003, The Sonic Tones performed at the Rock and Roll Hall of Fame in Cleveland, Ohio through the Fortune magazine-sponsored "Battle of Corporate Bands".
Hudson graduated from the University of Oklahoma, which he attended with Phi Beta Kappa and President's Leadership scholarships. In 1998, Hudson was honored as a distinguished alumnus of the University of Oklahoma College of Arts and Sciences, where he serves as a member of the College of Arts and Sciences Board of Visitors. In 2001, he received the University's Regents Award from its board of regents.
Hudson graduated from the Georgetown University Law Center, where he was a member of the legal honor society, Phi Delta Phi. In 1979, he served as an editor of the International Law Journal, a publication of the Association of Student International Law Societies. He is also a member of the board of visitors of Georgetown University Law Center and in 2006 was given the Paul Dean Award for service to the school.
He and his wife, Leslie, an epidemiologist, have two sons and live in Oklahoma City.Holdings: 352,096 shares
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Date Type Shares Traded Price Range Aug 5, 2009 Disposition (Non Open Market) 60,000 n/a Apr 28, 2009 Disposition (Non Open Market) 41,000 n/a Mar 26, 2009 Disposition (Non Open Market) 5,200 n/a Mar 3, 2009 Disposition (Non Open Market) 66,397 8.03 Mar 3, 2009 Option Execute 93,050 5.73 Dec 18, 2008 Disposition (Non Open Market) 11,000 n/a Mar 7, 2008 Disposition (Non Open Market) 24,272 20.10 Mar 7, 2008 Option Execute 114,797 4.25 Feb 29, 2008 Disposition (Non Open Market) 500 21.33 Oct 26, 2007 Sell 183,636 25.00 Oct 25, 2007 Sell 93,700 25.00 Oct 24, 2007 Sell 1,500 25.00 Oct 17, 2007 Disposition (Non Open Market) 30,000 n/a Jan 5, 2007 Disposition (Non Open Market) 61,543 22.29 Jan 5, 2007 Option Execute 174,034 2.37 Dec 28, 2006 Disposition (Non Open Market) 4,200 24.34 Oct 2, 2006 Disposition (Non Open Market) 11,500 22.65 Jul 6, 2006 Disposition (Non Open Market) 400 20.84 Jan 6, 2006 Disposition (Non Open Market) 22,796 28.40 Jan 6, 2006 Option Execute 170,376 3.80 -
W. Scott McLainPresident, Sonic Corp. -
Scott McLain is president of Sonic Corp., parent company of the nation's largest chain of drive-in restaurants. McLain joined SONIC in April 1996 as treasurer and was named chief financial officer in August 1997. He was promoted to executive vice president in January 2004, president of Sonic Industries, the company's franchising subsidiary, in November 2004 and his current position in May 2008.
As president of Sonic Corp., McLain is responsible for all company operations, including marketing, information technology, purchasing, development, franchise human resources and corporate communications.
Prior to joining SONIC Corp., McLain was treasurer for Stevens International, Inc. in Fort Worth, Texas. He also served as manager for Price Waterhouse in Dallas, Texas, and as vice president of Team Bank (Bank One) in Fort Worth, Texas.
McLain is a graduate of Baylor University in Waco, Texas, where he received a bachelor's degree in business administration with an emphasis on accounting and marketing. He also earned a master's degree in business administration in finance from the University of Texas at Austin. McLain is a certified public accountant.
McLain lives in Edmond, Okla., with his wife, Dana, and their two sons. -
Omar JanjuaPresident Sonic Restaurants, Inc. -
Omar Janjua is president of Sonic Restaurants, Inc., Sonic Corp.'s division of company-owned drive-ins. In this position, Janjua is responsible for overseeing all aspects of SRI operations including field marketing and operations support for SRI drive-ins.
Janjua joined SONIC in September 2009 from Steak 'n Shake Company, where he was previously executive vice president and chief operating officer. At Steak 'n Shake, he was responsible for the operations of 490 system restaurants with annual revenues of approximately $700 million.
Janjua holds a master's degree in business administration from Minnesota State University and is a graduate of Georgia Institute of Technology with a major in operations management.
Janjua lives in Oklahoma City while his family, a wife and three daughters live in Indianapolis. -
Stephen C. VaughanExecutive Vice President and Chief Financial Officer -
Stephen Vaughan is executive vice president and chief financial officer of Sonic Corp., an Oklahoma City-based, publicly-held company that owns, operates and franchises SONIC Drive-In restaurants. He is responsible for accounting and financial reporting, investor relations, all treasury functions and risk management.
Vaughan has worked at SONIC since 1992 in various positions, including internal auditor, assistant controller and controller. Prior to assuming his current position, he served as vice president of planning & analysis and treasurer. He previously worked at Ernst & Young as an auditor.
Vaughan earned his bachelor's degree in business administration from the University of Oklahoma. He also is a certified public accountant. Vaughan serves on the board of the Oklahoma FFA Foundation and the Oklahoma City Memorial Foundation.
Vaughan lives in Oklahoma City, Okla., with his wife, Merrie Lynn, and their two children. -
E. Edward SarochSenior Vice President of Franchise Operations (Developing Markets) -
Eddie Saroch is senior vice president of franchise operations (developing markets). In his current role, Saroch oversees an increased effort in the delivery of integrated services to franchisees.
Saroch was previously president of Sonic Restaurants, Inc. (SRI), Sonic Corp.'s division of company-owned drive-ins. In this role, Saroch oversaw all aspects of SRI operations.
Saroch has served SONIC in various capacities including: director operations for Sonic Restaurants, Inc. (SRI), regional vice president for SRI, regional vice president - Sonic Industries, Sonic Corp.'s franchising subsidiary, vice president - SRI, vice president Sonic Industries and senior vice president - field services for Sonic Industries.
For more than 16 years, Saroch managed multiple programs at Hardee's Food Systems prior to joining SONIC.
He earned his bachelor's degree in business economics from the University of Missouri at Rolla, Mo. Saroch is a member of Leadership Oklahoma City, Class XXV.
A native of Rolla, Mo., Saroch currently lives in Edmond, Okla., with his wife, Karla. -
Robert J. GeresiSenior Vice President - Field Services -
Rob Geresi is senior vice president field and operations services for Sonic Industries Services, Inc., the Oklahoma City-based headquarters of SONIC®, America's Drive-In®. He was promoted from senior vice president operations for Sonic Restaurants, Inc. (SRI), SONIC's division of company-owned drive-ins, to his current position in May 2008.
Geresi is responsible for supporting SONIC's field operations teams that provide program development, relationship building and communications with SONIC operators nationwide at more than 3,500 units.
Geresi has served SONIC in many other roles including field services consultant; regional vice president field services; and vice president operations for SRI.
Prior to joining SONIC, Geresi worked as the founder and president of NYB Enterprises for 14 years.
Geresi is a graduate of Binghamton University in Binghamton, N.Y., where he received a bachelor's degree of arts in economics.
A native of Brooklyn, N.Y., Geresi currently lives in Stillwater, Okla., with his wife, Connie, and their four children. -
Drew G. Ritger Jr.Senior Vice President - Business Planning and Purchasing -
Drew Ritger is senior vice president - business planning and purchasing for Sonic Industries Services, Inc., the Oklahoma City-based headquarters for SONIC®, America's Drive-In®. Named to his current position in April 2009, Ritger is responsible for business and market planning efforts in addition to real estate oversight, the management of area development agreements, franchise sales, franchise finance and procurement.
Ritger joined SONIC in 1996 as vice president purchasing and distribution, was promoted to vice president quality assurance in 2001 and added franchise development to his responsibilities in April 2002. He was most recently promoted to senior vice president development in 2004.
Prior to joining SONIC, Ritger held leadership positions with Fast Food Merchandisers, Inc., HJ Heinz and Ralston Purina.
A past member of the National Association of Purchasing Managers, Ritger served on its regional board of directors. He also served as a board member for the Oregon Grain & Food Association, the Council of Logistics Management and the MS Society of Oklahoma. He is a graduate of Leadership Oklahoma Class and is a alumni member of that organization.
Ritger holds a bachelor's degree of science in agricultural economics from Oklahoma State University.
A native of El Dorado, Ark., Ritger lives in Edmond, Okla., with his wife, Elizabeth, and three children. -
Nancy L. RobertsonSenior Vice President - Communications -
Nancy Robertson serves as senior vice president - corporate communications for Sonic Industries Services, Inc., the Oklahoma City-based national headquarters of SONIC®, America's Drive-In®. In her role, she oversees all internal and external communications for the brand.
Robertson previously served as senior vice president - people and communications for Sonic Corp. In that role, she oversaw SONIC's human resources/corporate administration functions for the Oklahoma City corporate office and all field-based employees, in addition to guiding SONIC's corporate communications efforts.
In providing oversight to SONIC's Corporate Communications function, she is responsible for all public, community (including corporate philanthropy), media, as well as all internal and external communications and crisis management. Robertson also chairs SONIC's crisis management team.
Robertson serves on the Board of Directors for #83 Foundation and on the Crown Heights Edgemere Heights Neighborhood Association. Previously she served as gubernatorial appointee on Task Force for State Employee Compensation; on the Board of Visitors for the Weitzenhoffer Family College of Fine Arts at the University of Oklahoma; on the Executive Committee of Allied Arts Foundation; on the Board of the Cimarron Alliance Foundation; on the leadership team for the Human Capital & Diversity Project, an economic development initiative of the Oklahoma City Chamber of Commerce; on the Executive Committee of the Oklahoma Arts Institute; on the steering committee for the Holocaust Remembrance Project, and on the steering committee for Project KIDS, the program that led to MAPS for KIDS, a citywide tax initiative to reinvest in public education.
Robertson was a member of Class XIV of Leadership Oklahoma. Previously, she served on the Arts Advisory Committee for the Oklahoma City Public Schools; the steering committee for A+Arts, A Talent Show!,; on the boards of the Red Bud Foundation, and Automobile Alley, a Main Street revitalization project in downtown Oklahoma City. She is an active tutor at Wilson Arts Integration School (located in Oklahoma City) having tutored students there for 12 years.
Prior to joining SONIC more than 15 years ago, Robertson worked for five years at the Oklahoma Arts Institute, the non-profit organization that produces the nationally recognized Oklahoma Summer Arts Institute and the Oklahoma Fall Arts Institutes at Quartz Mountain.
Her career began as a reporter and senior news producer at the CBS affiliate in Oklahoma City. Following her work as a reporter/producer, Robertson was recruited into the corporate sector as a public relations professional for both Southwestern Bell Telephone and Cellular One/AT&T Wireless.
Robertson holds a bachelor's degree of arts in journalism from Oklahoma State University with a minor in art history, and a master's degree in business administration from Oklahoma City University. In late 2007, Robertson received the Distinguished Alumna Award from Oklahoma City University. -
Renee G. ShafferVice President and Chief Information Officer -
Renee Shaffer is vice president and chief information officer for Sonic Industries Services, Inc., a position she assumed in September 2006. Shaffer is responsible for SONIC's management information services (MIS) function including systems analysis, programming, telecommunications and computer/auxiliary equipment operations.
Shaffer served as treasurer for Sonic Corp., when she joined the company in February 2005. In this position, Shaffer was responsible for cash management, treasury and risk management functions. She also maintained a working relationship with multiple banks and lenders that work with Sonic.
Previously, Shaffer held leadership positions with Mid-Continent Life Insurance Company and Hobby Lobby. Additionally, she has six years of auditing and financial consulting experience and is a certified public accountant.
Shaffer is a member of the Arts Council of Oklahoma City and serves as treasurer and member of the executive committee. She also serves on the Forward OKC III Committee of the Greater OKC Chamber of Commerce. Shaffer earned her bachelor's degree of science in accounting at Oklahoma State University.
A native of Edmond, Okla., Shaffer currently lives in Oklahoma City. -
Paige S. BassVice President and General Counsel -
Paige S. Bass is vice president and general counsel of Sonic Corp., the parent company of SONIC Drive-In, a position she assumed in 2007. Bass leads SONIC's internal legal department and is responsible for all legal advice and services for Sonic Corp. and its subsidiaries. She joined SONIC as associate general counsel in 2004.
Before joining SONIC, Bass was an associate with Crowe & Dunlevy, one of the largest law firms in Oklahoma. She is involved with several community organizations, serving as a board member and volunteer for Oklahoma Lawyers for Children, a volunteer for the Oklahoma Foundation for Excellence and as a past board member for the Oklahoma Arts Institute. Bass is also a member of the University of Oklahoma College of Law Office of Professional and Career Development Advisory Board.
Bass has a bachelor's degree of science in mechanical engineering from Oklahoma State University and also graduated, with highest honors, from the University of Oklahoma College of Law, where she served as editor-in-chief of the Oklahoma Law Review and was elected to the Order of the Coif.
A native of Clinton, Okla., Bass resides in Oklahoma City with her husband, Mike, and their two children. -
Carolyn C. CumminsVice President of Compliance and Corporate Secretary -
Carolyn Cummins is vice president of compliance and corporate secretary for Sonic Corp., the Oklahoma City-based headquarters of SONIC®, America's Drive-In®. She assumed this position in April 2004 and manages corporate governance and securities and franchise laws compliance. In addition, Cummins serves as SONIC's assistant general counsel and assistant secretary.
Prior to joining Sonic in 1999, Cummins was a partner at the Andrews Davis Law Firm in Oklahoma City. She earned a Juris Doctor and bachelor's degree of science in mathematics from the University of Oklahoma.
Cummins was a member of the Professional Responsibility Tribunal of the Oklahoma Bar Association from 1995-2001.
Cummins resides in Norman, Okla., with her husband, Jeff, and their three children. -
Claudia San PedroVice President of Investor Relations and Brand Strategies -
Claudia San Pedro serves as vice president of investor relations and brand strategies. Previously San Pedro was vice president of investor relations and treasurer. Her main responsibilities are to direct financial planning, procurement and investment of funds for the organization and formulate investor relations strategy and oversee communications with the investment community.
Prior to joining SONIC, she served as the director for the Oklahoma Office of State Finance. Appointed by Governor Brad Henry in 2005, San Pedro was the first female and first Hispanic to service as Director of State Finance for Oklahoma.
Before joining OOSF and the Henry administration, San Pedro served as the assistant director of the Oklahoma State Senate fiscal staff and a staff budget analyst for the senate appropriations subcommittees on education, human services and general government.
San Pedro is currently a volunteer board member of the Oklahoma Academy, a non-partisan research organization based in Oklahoma City and chair of Advisory Board for the Women's Foundation of Oklahoma. She is a former board member of the Latino Community Development Association.
San Pedro holds an undergraduate degree from Smith College in Massachusetts and a master's degree in business administration from the University of Oklahoma. Born in Mexico City, San Pedro has lived in Oklahoma for the past 30 years.
She now resides in Oklahoma City with her family. -
Dominic LosaccoVice President of Marketing -
Dominic Losacco is vice president of marketing for SONIC®, America's Drive-In®. Named to his position in June, 2009, Losacco is responsible for developing all marketing strategy for the SONIC brand.
Losacco has over 18 years of experience in restaurant marketing and began his career on the agency side as a member of the McDonalds account team with Moroch & Associates. He worked for Moroch & Associates from 1991 1996. From 1996 to 2000 Losacco was head of field marketing for Mazzio's Pizza based in Tulsa, Okla. Losacco joined SONIC in 2000 as the marketing manager for Sonic Restaurants, Inc. (SRI), Sonic Corp.'s division of company-operated drive-ins and has also held the positions of director of marketing, senior director of marketing and vice president of customer engagement.
He is a graduate of the University of Oklahoma where he received a bachelor's degree in journalism.
Losacco currently resides in Edmond, Okla., with his wife, Wendy and their four children.




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