How Do I Bring an Executive Perspective to Legal And Business Decisions?

My legal career has been closely connected to the way businesses are actually run. Before returning to private practice, I served as general counsel, CFO, COO and ultimately chairman and CEO of Sonic Corp., giving me experience making the legal, financial and operational decisions that now shape my work with clients.

Advising boards and executives on governance and significant business decisions

Clifford Hudson advises boards and senior executives on corporate governance, board responsibilities, franchising and other issues that arise at the highest levels of an organization. He also works with clients on significant deals and business decisions, helping them to assess their options and understand the potential risks and rewards of each approach.

A focus on franchising operations

Cliff also has firsthand experience with the opportunities and challenges of building and operating a large franchise system. During his tenure as CEO, Sonic’s systemwide sales increased from $861 million to $4.5 billion, giving him valuable insights into the operational and business factors that accompany significant franchise growth.

Drawing on experience across organizations

Cliff’s leadership experience extends beyond corporate America. He served as a trustee of the Ford Foundation and as chairman of the board of trustees of the National Trust for Historic Preservation, in addition to his presidential appointment as chairman of the Securities Investor Protection Corporation. These experiences offer additional perspective on the governance and leadership issues faced by organizations with many different structures, missions and responsibilities.

Credentials

  • Georgetown University Law Center, J.D., 1980
    • Phi Delta Phi
  • University of Oklahoma, B.A., 1977

  • Oklahoma

  • Oklahoma Bar Association

Honors & Awards

  • Best Lawyers, Corporate Compliance Law, Corporate Law (2021 - Present)
  • Georgetown University Alumni Association, John Carroll Award (2014)
  • Oklahoma City University, Honorary Doctor of Humane Letters degree (2012)
  • David T. Kearns Award for Excellence and Innovation in Education (2012)
  • University of Oklahoma, Honorary Doctor of Humane Letters degree (2011)
  • Georgetown University Law Center, Paul Dean Award (2006)
  • International Foodservice Manufacturers Association, Silver Plate - Foodservice Operator of the Year Award (2004)
  • University of Oklahoma Regents Award (2001)
  • Nation's Restaurant News, Multi-Unit Foodservice Operators (MUFSO) Golden Chain Award (2000)
  • University of Oklahoma College of Arts and Sciences, Distinguished Alumni Award (1998)

Community Service

  • Foundation for Oklahoma City Public Schools, Chairman
  • University of Oklahoma College of Arts and Sciences, Board of Visitors
  • Former Trustee of the Ford Foundation (New York)
  • Former Chairman of the board of the National Trust for Historic Preservation
  • Oklahoma City School Board, Chairman (2001-2008)
  • Securities Investor Protection Corporation (SIPC), Chairman (1994-2001)

Professional Experience

  • Spent nearly 35 years at Sonic Corp., a publicly-held company that owns, operates, and franchises SONIC Drive-In restaurants, most recently as chairman of the board and CEO. He also served the organization in the capacity of general counsel, chief financial officer and chief operating officer.