 J. Alexanders Holdings, Inc. NYSE: JAX the Company, owner and operator of J. Alexanders, Redlands Grill, Stoney River Steakhouse and Grill and other restaurants, today announced the expansion of its Board of Directors the Board to seven directors and the appointment of Carl J. Grassi to the Board as part of a cooperation agreement the Agreement with Ancora Advisors, LLC Ancora. Mr. Grassi will serve as a Class II director, with an initial term through the Companys 2020 Annual Meeting of Shareholders the 2020 Annual Meeting, and the Company has agreed to include Mr. Grassi in the Companys slate of director nominees for election at the 2020 Annual Meeting for a three-year term. 