Finance & Business World

CKE Restaurants Inc. fired its executive vice president of training Tuesday because he violated company policy, the fast-food chain said in a regulatory filing Thursday.

CKE paid $95,000 to Noah Griggs Jr. as part of the separation agreement, according to the filing with the Securities and Exchange Commission.

The Hardee’s and Carl’s Jr. parent did not specify what the violation was, and a request for comment was not immediately returned.

The company is considering a second takeover offer, reportedly from New York private equity firm Apollo Management, that may be better than the $928 million bid by Boston private equity from Thomas H cheap pay day loans. Lee Partners it agreed to in February.

Hardee’s is based in St. Louis. Andy Puzder, CKE’s chief executive, is a graduate of Washington University’s law school, worked as a lawyer here, and splits his time between St. Louis and a home near Santa Barbara, Calif.

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