The latest announcement is out from Shake Shack (SHAK).
Shake Shack Inc. has announced the appointment of Robert Lynch as their new CEO, starting May 20, 2024. Lynch, with over 25 years of experience in the quick-service restaurant and consumer goods industries, including leadership roles at Papa John’s and Arby’s, is set to take over from Randy Garutti. Alongside his CEO role, Lynch will also join Shake Shack’s Board of Directors. His comprehensive compensation package includes a base salary, performance-based bonuses, equity awards, and additional benefits, reflecting his extensive expertise and promising a fresh strategic direction for the company.
For detailed information about SHAK stock, go to TipRanks’ Stock Analysis page.
