Drive-in chain Sonic Corp. said Friday that President Pattye Moore will step down next month to spend more time with her family.
Moore, who has been instrumental in Sonic's marketing efforts, will remain as a paid consultant for the next two years, the company said. She also will remain on the board of directors through 2005. Moore joined Sonic in 1992 as vice president for marketing and became president in 2002.
Moore's contract expired last month, according to Sonic's most recent proxy filing with the Securities and Exchange Commission.
In a statement, Moore, 46, said she was proud to be part of Sonic's growth in the last 12 years.
"However, the time has come for me to devote my time and focus to the needs of my family, she said. "They have been patient and supportive while I focused on the Sonic brand, and it is now their turn.
Chairman and Chief Executive Officer Cliff Hudson will re-assume the title of president, a position he relinquished in 2000.
Sonic spokeswoman Nancy Love Robertson said stepping down was a hard decision for Moore.
"She's at a point where she's able to take some time off and be with them, Robertson said. "When you step back and look at life's priorities, there's few things more important than your family.
Sonic also announced three other executive changes. Executive Vice President and Chief Financial Officer W. Scott McLain, 42, was promoted to president of Sonic Industries, the company's franchising arm. Steve Vaughan, 38, will take over as chief financial officer. Vaughan had been treasurer and vice president of planning and analysis.