of Directors, President, and Chief Executive Officer of the Company. On the same date, F. Lane Cardwell, Jr., a member of the Company’s Board of Directors since October 2012 and an executive with approximately 38 years of leadership experience in the restaurant industry, was appointed Interim President and Chief Executive Officer, Stephen I. Sadove, the Company’s then Lead Director, was appointed Chairman of the Board and Sue Briley was appointed Chief Financial Officer. Ms. Briley had been serving as Interim Chief Financial Officer since June 2016.

office buildings comprising our Restaurant Support Center in Maryville, Tennessee. The building being sold had an August 30, 2016 net book value of $6.0 million. We also announced that we will consolidate our two Tennessee Restaurant Support Center office buildings into the one remaining building by January 2017.

we had a liability for future lease obligations of $31.9 million as of August 30, 2016.  Since then and through the date of this filing

, we settled seven of these leases for $3.1 million, which approximated the amount of our accrual for those leases at August 30, 2016.