Shake Shack (SHAK) announced that its board of directors has appointed Rob Lynch to the role of CEOand board member, effective May 20. Lynch currently serves as president and CEO of Papa John’s (PZZA). Lynch will succeed Randy Garutti who will continue as the company’s CEO through May 20, which will also be his final day serving on the board, before transitioning to an advisor through the end of this year to ensure a transition.
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