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Steak-N-Shake President To Leave Position

Last updated on Wednesday, August 15, 2007

(INDIANAPOLIS) - The president and CEO of restaurant chain Steak-N-Shake stepped down Monday amid declining company stock prices.

Peter Dunn spent five years as leader of the Indianapolis-based chain. Chairman Alan Gilman will replace him as interim president and CEO.

Dunn says he is resigning to pursue other interests.

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