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J. Clifford HudsonChairman of the Board and Chief Executive Officer, Sonic Corp. -
Clifford Hudson has spent the last 27 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 , average drive-in sales have increased by 65% and system-wide sales from $880 million to $3.5 billion. The company's 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 the immediate past 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 and in 2011 received an honorary doctoral degree in humane letters from the University.
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 also serves as Chairman 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: 538,288 shares
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Date Type Shares Traded Price Range Jan 14, 2012 Disposition (Non Open Market) 4,294 6.71 Jan 14, 2012 Option Execute 11,880 n/a Oct 25, 2011 Acquisition (Non Open Market) 122,393 6.89 Mar 18, 2011 Disposition (Non Open Market) 83,181 8.86 Mar 18, 2011 Option Execute 94,845 7.36 Jan 14, 2011 Disposition (Non Open Market) 4,294 10.57 Jan 14, 2011 Option Execute 11,880 n/a Dec 7, 2010 Disposition (Non Open Market) 6,900 n/a Nov 11, 2010 Disposition (Non Open Market) 1,608 n/a Oct 20, 2010 Disposition (Non Open Market) 2,760 n/a Sep 13, 2010 Disposition (Non Open Market) 17,448 n/a Apr 20, 2010 Sell 66,700 12.25 Apr 20, 2010 Option Execute 108,489 5.71 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 -
Omar JanjuaPresident, Sonic Restaurants, Inc. & Executive Vice President of Operations for Sonic Industries -
Omar Janjua is president of Sonic Restaurants, Inc., Sonic Corp's division of company-owned drive-ins for the Oklahoma City-based national headquarters of SONIC®, America's Drive-In®. In this position, Janjua is responsible for overseeing all aspects of SRI operations including field marketing and operations support for SRI drive-ins. In addition Janjua is also executive vice president of operations for Sonic Industries, the company's franchising subsidiary. In this role he oversees operations services, quality assurance and training for the drive-in system.
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. Previous to Steak 'n Shake, Janjua spent 18 years with Pizza Hut holding numerous positions most notably serving as vice president of franchise where he help provide support to 75 franchise groups operating 2,600 restaurants in 27 states; and vice president of company operations where he led 817 locations from St. Louis to Los Angeles; 15 regions in eight states that generated revenues in excess of $800 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 with his family. -
W. Scott McLainPresident, Sonic Corp -
Scott McLain is president of Sonic Corp, the Oklahoma City-based national headquarters of SONIC®, America's Drive-In® 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.
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. -
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, the Oklahoma City National Memorial Foundation and the Last Frontier Council Boy Scouts of America.
Vaughan lives in Oklahoma City, Okla., with his wife, Merrie Lynn, and their two children. -
Craig MillerSenior Vice President and Chief Information Officer -
Craig Miller is senior vice president and chief information officer for the Oklahoma City-based national headquarters of SONIC®, America's Drive-In®. In this position, Miller is responsible for implementing the company's technology strategy, including the delivery and oversight of all information systems and services, development, data management, operations and support.
Miller joined SONIC in 2010 from Movie Gallery, where he served on the transition team as executive vice president and chief information officer responsible for developing and implementing the global technology strategy. Prior to Movie Gallery, Miller was senior vice president of information strategy at Bank of America, responsible for implementing innovative business analytics, supporting all corporate and retail functions. Prior to Bank of America, Miller was director of technology services at Pepsi where he led the development of a global technology strategy, managed integration for franchise acquisitions, and implemented shared services, supporting all corporate divisions. Earlier in his career, Miller started a software development firm specializing in emerging technologies and large-scale systems development for Fortune-500 companies.
Miller holds a master's degree in systems engineering from Polytechnic University and is a graduate of SUNY Stony Brook with a bachelor's degree in computer engineering.
Miller is relocating to Oklahoma City and has a wife, two daughters and a son. -
Paige S. BassVice President and General Counsel -
Paige S. Bass is vice president and general counsel of Sonic Corp., the parent company for the Oklahoma City-based national headquarters of SONIC®, America's Drive-In®, a position she assumed in 2007. Bass leads SONIC's internal legal department and is responsible for all legal 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, a member of the executive committee and a volunteer for Oklahoma Lawyers for Children; a board member for Urban League of Greater Oklahoma City; and a volunteer for the Oklahoma Foundation for Excellence. Bass is also a member of the board of directors of the Oklahoma County Bar Foundation and was elected to The Fellows of the American Bar Foundation in 2010. Bass is a graduate of Leadership Oklahoma City Class of XXIX.
Bass has a Bachelor of Science degree in mechanical engineering from Oklahoma State University. She 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, was elected to the Order of the Coif and received numerous awards, including the Nathan Scarritt Prize.
A native of Clinton, Oklahoma, Bass resides in Oklahoma City with her husband, Mike, and their two children. -
Claudia San PedroVice President of Investor Relations and Treasurer -
Claudia San Pedro serves as vice president of investor relations and treasurer for the Oklahoma City-based national headquarters of SONIC®, America's Drive-In®. 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 serve as Director of State Finance for Oklahoma.
Before joining OSF 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 Foundation for Oklahoma City Public Schools, the Oklahoma Academy, a non-partisan research organization based in Oklahoma City and a member of the Oklahoma City Metropolitan Area Public Schools Trust Board. She is a former advisory board member of the Women's Foundation of Oklahoma and 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 35 years.
She now resides in Oklahoma City with her family. -
Andrew (Drew) Ritger Jr.Senior Vice President of Business Planning and Purchasing -
Drew Ritger is senior vice president of business planning and purchasing for the Oklahoma City-based national headquarters of SONIC®, America's Drive-In®. Ritger was named to his current position in April, 2009. In September, 2010 his duties were expanded to include not only franchise business planning and analysis, purchasing and distribution but also include franchise finance, franchise sales, development including market analysis, real estate acquisition, construction and design plus license administration.
Ritger joined SONIC in 1996 as vice president of purchasing and distribution, was promoted to vice president of quality assurance in 2001 and added franchise development to his responsibilities in April 2002. In 2004, he was promoted to senior vice president of development.
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 and is a member of that organization's alumni association.
Ritger holds a Bachelor of Science degree 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. -
E. Edward SarochSenior Vice President of Field Services - West Region -
Eddie Saroch is senior vice president of field services - west region for the Oklahoma City-based national headquarters of SONIC®, America's Drive-In®. In his current role, Saroch oversees all aspects of franchise operations including field marketing, operations and training.
Saroch was previously senior vice president of franchise operations developing markets. In this role, Saroch oversaw all aspects of franchise operations including field marketing, operations and training.
Saroch has served SONIC in various capacities including: director of operations for Sonic Restaurants, Inc. (SRI), regional vice president for SRI, vice president of SRI, president for SRI, regional vice president of Sonic Industries, Sonic Corp's franchising subsidiary, vice president of field services for Sonic Industries and senior vice president of 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. -
Bob FrankeSenior Vice President of Field Services - East Region -
Bob Franke is senior vice president of field services east region for the Oklahoma City-based national headquarters of SONIC®, America's Drive-In®. He is responsible for all aspects of franchise operations including field marketing and operations for SONIC's east markets.
Franke's career in the restaurant industry began at McDonald's Corporation where he worked his way from crew member to Managing Director of McDonald's Europe and Latin America. He continued his career in senior management positions with companies such as Mrs. Fields Famous Brands and Epcon Franchising, the largest U.S. franchised home builder.
Franke attended the University of Minnesota in Minneapolis, Minn., and holds a media certification from BBC London. He has served on the Board of the Boy Scouts of America and is active in the International Franchise Association.
A Minneapolis native, Franke resides in Oklahoma City with his wife, Jan. -
Carolyn CumminsVice President of Compliance and Corporate Secretary -
Carolyn Cummins is vice president of compliance and corporate secretary for Sonic Corp, the Oklahoma City-based national headquarters of SONIC®, America's Drive-In®. She manages all facets of corporate governance and ensures legal compliance with the rules and regulations of the Securities and Exchange Commission. She manages the process pertaining to the annual stockholder meeting and advises the board and board committees regarding procedures and laws to be followed in connection with their meetings and decision-making.
Prior to joining SONIC in 1999, Cummins was a partner at the Andrews Davis law firm in Oklahoma City. She earned a Juris Doctor degree and a Bachelor of Science degree in mathematics, both from the University of Oklahoma.
Cummins was a member of the Professional Responsibility Tribunal of the Oklahoma Bar Association from 1995-2001. She also served as a board member of the Oklahoma City National Memorial from 2002-2008. Cummins is a member of the Leadership Oklahoma Class XXV.
Cummins resides in Norman, Okla., with her husband, Jeff. -
Terry HarrymanVice President and Controller -
Terry Harryman serves as vice president and controller for the Oklahoma City-based national headquarters of SONIC®, America's Drive-In®.Harryman joined the SONIC team in 1996 as director of tax and was promoted to assistant treasurer in January 1998. He has held the position of controller since January 1999 and was promoted to vice president in January 2008.
As SONIC's vice president and controller, Harryman manages the accounting and financial reporting functions of the company; develops, implements and monitors policies and procedures which provide strong internal control for the organization; and coordinates the annual audit.
A former senior research tax accountant at Kerr-McGee Corporation, Harryman earned his bachelor's degree in accounting from the University of Central Oklahoma and his master's degree in business administration from Oklahoma City University. He is also a certified public accountant.
Harryman serves on the board of the Oklahoma Institute for Child Advocacy, the executive advisory board of the University of Central Oklahoma College of Business Administration and the advisory board of Leadership Oklahoma.
Harryman lives in Edmond, Okla., with his wife, Michelle and their three daughters. -
Anita VanderveerVice President of People -
Anita Vanderveer is vice president of people for the Oklahoma City-based national headquarters of SONIC®, America's Drive-In®. She leads the human resources function for SONIC, which includes talent management, recruitment, people development, employee relations, payroll, benefits, compensation, recognition, organizational design and change.
Vanderveer began her career with Pizza Hut/YUM! Brands over 25 years ago in restaurant operations and has served in a variety of human resources executive positions. She most recently served as vice president, human resources for Pinnacle Family of Companies based in Dallas, Texas.
Vanderveer holds a bachelor's degree from Mountain State University in organizational leadership and a master's degree in education, human resource development from the University of Illinois Urbana-Champaign.
Originally from Dayton, Ohio, Vanderveer grew up in the Quad Cities. She and her husband, Gordy, have one daughter and reside in Edmond, Oklahoma.





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