Effective January 6, 2020, Mark E. Schwarz resigned his interim appointment as principal financial officer of Rave Restaurant Group, Inc. Effective January 6, 2020, the company appointed Clinton Dayne Fendley, as its Vice President-Finance. In such capacity, Mr. Fendley will serve as the principal financial officer of the company. Previously, Mr. Fendley had since 2015 been employed at 7-Eleven, Inc., an international convenience store chain, where he was first promoted from Senior Financial Analyst to Finance Manager, International and then to Data Analytics & Strategy Manager New Concepts.

Most recently, Fendley worked for 7-Eleven, where he started as senior financial analyst and was promoted to international finance manager after his first year. He was then named data analytics and strategy manager of new concepts before joining the RAVE team.