OKLAHOMA CITY – Scott McLain, president of Sonic Corp., will resign from his post effective March 31, the company announced Jan. 25. Cliff Hudson, chairman and CEO will assume the title of president of the company.
“I am fortunate to have been part of the Sonic family for the past 17 years. I will treasure the strong relationships I've developed, including those with my dedicated co-workers and our terrific Sonic franchisees,” McClain said. “Sonic is about providing opportunities for people, and I am deeply grateful for the opportunities it has provided my family and me. The Sonic brand is in a very good place, and I am ready for a new challenge.”
McLain joined Sonic in 1996 as treasurer, the company said. He was named CFO in 1997 and president in 1994. Upon his resignation, McLain's responsibilities will be allocated among current and prospective members of management, according to the company.
“Scott has made numerous and substantial contributions to Sonic, and we would like to thank him for his work and commitment to the brand. We would also like to thank him for staying on to assure a smooth transition,” Hudson said. ‘Scott helped develop a number of initiatives to grow our brand, and his impact will continue with the successful implementation of those initiatives.”