home · filing · 0001104659-24-037341
8-K
filed March 21, 2024, 7:59 PM ET
ticker SHAK
CIK 0001620533
leadership
confidence high
sentiment positive
materiality 0.75
Shake Shack appoints Papa John's CEO Rob Lynch as new CEO, effective May 20, 2024
Shake Shack Inc.
Rob Lynch appointed CEO effective May 20, 2024; succeeds Randy Garutti who remains advisor through year-end.
Lynch previously served as President and CEO of Papa John's, where he drove global system-wide sales over $5B.
Lynch's compensation includes $1M base salary, 150% target bonus, $10.8M in equity awards (RSUs and PSUs).
Lynch also appointed to the Board of Directors effective May 20, 2024.
Executive movements
Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements .
Effective 2024-05-20
Filed March 21, 2024, 7:59 PM ET
Mr. Lynch has been appointed as a member of Shake Shack’s Board of Directors, also effective as of the Effective Date.
Departed
Randy Garutti
Chief Executive Officer
Effective 2024-05-20
Successor Robert Lynch
Filed March 21, 2024, 7:59 PM ET
Randy Garutti who, as previously disclosed, will resign as Chief Executive Officer and as a member of the Board as of the Effective Date
Appointed
Robert Lynch
Chief Executive Officer
Effective 2024-05-20
Filed March 21, 2024, 7:59 PM ET
the Board of Directors (the “ Board ”) of Shake Shack Inc. (“ Shake Shack ”) appointed Robert Lynch to serve as its Chief Executive Officer, effective as of May 20, 2024
Effective 2024-05-20
Successor Robert Lynch
Filed March 21, 2024, 7:59 PM ET
Randy Garutti who, as previously disclosed, will resign as Chief Executive Officer and as a member of the Board as of the Effective Date
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
Robert Lynch was appointed as Member of the Board of Directors at Shake Shack Inc..
Action appointed
Role Member of the Board of Directors
Exact text from the filing
Mr. Lynch has been appointed as a member of Shake Shack’s Board of Directors, also effective as of the Effective Date.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Randy Garutti resigned as Chief Executive Officer at Shake Shack Inc..
Action resigned
Role Chief Executive Officer
Exact text from the filing
Randy Garutti who, as previously disclosed, will resign as Chief Executive Officer and as a member of the Board as of the Effective Date
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Robert Lynch was appointed as Chief Executive Officer at Shake Shack Inc..
Action appointed
Role Chief Executive Officer
Exact text from the filing
the Board of Directors (the “ Board ”) of Shake Shack Inc. (“ Shake Shack ”) appointed Robert Lynch to serve as its Chief Executive Officer, effective as of May 20, 2024
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Randy Garutti resigned as Member of the Board of Directors at Shake Shack Inc..
Action resigned
Role Member of the Board of Directors
Exact text from the filing
Randy Garutti who, as previously disclosed, will resign as Chief Executive Officer and as a member of the Board as of the Effective Date
View on SEC.gov
Source: SEC EDGAR
accession 0001104659-24-037341
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