Red Robin’s former CEO found dead at his Yakima home
YAKIMA, Wash. — Michael Snyder, Red Robin’s former CEO, was found dead from a self-inflicted gunshot wound at his home in Yakima. He was 68.
Snyder was the first franchisee of the restaurant chain before becoming CEO. TMZ reports that he committed suicide on a bench in his front yard on Sunday.
He and his brother became the first Red Robin franchisees in 1979. They later opened 14 locations in Washington, Colorado and Idaho.
Snyder of merged his company with Red Robin’s parent company in 2000 and took over as CEO and president.
He was reportedly ousted from his position in 2005 when an internal investigation found the misused funds and charter planes.