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DineEquity's Capitalization Meltdown: What Took So Long?

I also work for DineEquity and do not claim to be a top performer. I have been with the brand for eight years and on both the corp. side and the franchise side. This was started by Richard Breeden but in no way his fault or the fault of Lloyd Hill, or Dave Gobel. Breeden just held the board accountable for poor performance and at the time it was poor. The industry in cyclic and it will be back. When the good times come back around and sales are great and profits are good whoever is in charge will be a hero. Julia Stewart does have an ego issue and I do agree she used her position with IHOP to leverage a personal war on those at Applebees that did not give her what she thought she deserved. For her to make statements like "We are not concerned about the state of the economey, the price of gas, or weather issues" as she did in Las Vegas is an example of her egomania. Stewart has ruined the lives of thousands, from the upper management to the dishwasher with her personal agenda. She has cut bonus dollars for managers through unattainable goals and cut the hours of valued associates which in turn has killed the guest service. If you come to Applebees please understand that we are doing the best we can with what this crazy woman, Julia Stewart, has given us.