Shake Shack COO Zachary Koff to depart; severance includes base salary, bonus, accelerated RSUs

Shake Shack Inc.

COO Zachary Koff leaving effective Sept 7, 2023; will transition duties through that date.
Receives lump-sum base salary of $386,250 plus accelerated vesting of 2020-2022 RSUs and 2021 PSU awards.
Eligible for 2/3 of Q3 FY2023 performance-based cash bonus if company meets goals.
COBRA premium reimbursement for 12 months post-separation, ceasing if he obtains other employment.
Non-compete permits competing in fast-casual business but forfeits severance; subject to confidentiality/non-solicitation.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Zachary Koff

Chief Operating Officer

SHAK · Shake Shack Inc.

Effective: 2023-09-07
Filed: August 3, 2023, 7:59 PM ET

On August 3, 2023, Shake Shack Inc. (the “Company”) announced that Zachary Koff, its Chief Operating Officer, will be leaving the Company, effective September 7, 2023 (the “Separation Date”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Zachary Koff departed as Chief Operating Officer at Shake Shack Inc..

Action: leaving
Role: Chief Operating Officer

Exact text from the filing

On August 3, 2023, Shake Shack Inc. (the “Company”) announced that Zachary Koff, its Chief Operating Officer, will be leaving the Company, effective September 7, 2023 (the “Separation Date”).

View on SEC.gov

Shake Shack Inc. filing history →

Source: SEC EDGAR

accession 0001104659-23-087028

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.