---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-24-001031"
form_type: "8-K"
ticker: "BJRI"
cik: "0001013488"
company_name: "BJs RESTAURANTS INC"
filed_at: "2024-02-28T23:59:59+00:00"
generated_at: "2026-06-05T07:52:56.284895+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# BJ's Restaurants appoints Brad Richmond to board, enters cooperation with Fund 1 Investments

## Summary
- Brad Richmond, former Darden Restaurants CFO, appointed to BJ's board effective Feb 27, 2024, term through 2024 annual meeting.
- Cooperation agreement with Fund 1 includes standstill (max 15% ownership), voting commitments, and formation of a Shareholder Value Initiatives Committee.
- Fund 1 will receive up to $75,000 reimbursement of fees; agreement lasts up to 1 year or until 30 days before 2025 annual meeting.
- Richmond is a CPA with 40+ years in restaurant industry, including executive roles at Red Lobster and Olive Garden.

## SEC filing metadata
- accession: 0001171843-24-001031
- form_type: 8-K
- ticker: BJRI
- cik: 0001013488
- company_name: BJs RESTAURANTS INC
- filed_at: 2024-02-28T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1013488/000117184324001031/0001171843-24-001031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1013488/000117184324001031/f8k_022824.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-24-001031
- JSON: https://secwatch.observer/filing/0001171843-24-001031.json
- Plain text: https://secwatch.observer/filing/0001171843-24-001031.txt

## Key facts
- Executive change
  C. Bradford Richmond was appointed as Director at BJs RESTAURANTS INC.
  - Action: appointed
  - Role: Director
  source text: On February 27, 2024, the Board increased the size of the Board to twelve (12) directors and appointed C. Bradford Richmond to the Board with a term expiring at the 2024 Annual Meeting.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013488/000117184324001031/0001171843-24-001031-index.htm
- Material Agreements
  BJs RESTAURANTS INC entered into Cooperation Agreement with Fund 1 Investments, LLC (effective 2024-02-28).
  - Action: entry
  - Counterparty: Fund 1 Investments, LLC
  - Effective: 2024-02-28
  source text: On February 28, 2024, BJ’s Restaurants, Inc., a California corporation (the “ Company ”), announced its entry into a cooperation agreement (the “ Cooperation Agreement ”) with Fund 1 Investments, LLC (with its affiliates, “ Fund ”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1013488/000117184324001031/0001171843-24-001031-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.