Robert L. Watters to Retire from the Board of Directors of RCI Hospitality Holdings, Inc
July 07, 2017 at 04:16 pm EDT
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On July 5, 2017, Robert L. Watters informed RCI Hospitality Holdings, Inc. that he will retire from the Board of Directors effective as of the date of the 2017 Annual Meeting of Stockholders. Accordingly, he will not be standing for re-election to the Board at the Annual Meeting of Stockholders. Mr. Watters has confirmed that his decision was not due to a disagreement with company on any matter relating to operations, policies or practices.
RCI Hospitality Holdings, Inc. is a holding company, which operates through its subsidiaries. The Company is engaged in various activities in the hospitality and related businesses. The Companyâs all services and management operations are conducted by its subsidiaries, including RCI Management Services, Inc. It operates a total of 70 establishments, which offers live adult entertainment, including two that are under renovation/remodeling, and/or restaurant and bar operations, including one food hall. It also operates a business communications company serving the multi-billion-dollar adult nightclubs industry. The Company has three segments: Nightclubs, Bombshells and Other. Its Nightclubs portfolio includes a variety of brands and formats that target different customer demographics. Its nightclubs are located around the country in New York City, Chicago, Dallas-Fort Worth and others. Bombshells Restaurant & Bar is a military-themed casual dining chain with a focus on sports and fun.
RCI HOSPITALITY HOLDINGS, INC. 
