---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-037341"
form_type: "8-K"
ticker: "SHAK"
cik: "0001620533"
company_name: "Shake Shack Inc."
filed_at: "2024-03-21T23:59:59+00:00"
generated_at: "2026-06-04T09:54:29.119579+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Shake Shack appoints Papa John's CEO Rob Lynch as new CEO, effective May 20, 2024

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-24-037341
- form_type: 8-K
- ticker: SHAK
- cik: 0001620533
- company_name: Shake Shack Inc.
- filed_at: 2024-03-21T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1620533/000110465924037341/0001104659-24-037341-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1620533/000110465924037341/tm249491d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-037341
- JSON: https://secwatch.observer/filing/0001104659-24-037341.json
- Plain text: https://secwatch.observer/filing/0001104659-24-037341.txt

## Key facts
- Executive change
  Robert Lynch was appointed as Member of the Board of Directors at Shake Shack Inc..
  - Action: appointed
  - Role: Member of the Board of Directors
  source text: Mr. Lynch has been appointed as a member of Shake Shack’s Board of Directors, also effective as of the Effective Date.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1620533/000110465924037341/0001104659-24-037341-index.htm
- Executive change
  Randy Garutti resigned as Chief Executive Officer at Shake Shack Inc..
  - Action: resigned
  - Role: Chief Executive Officer
  source text: Randy Garutti who, as previously disclosed, will resign as Chief Executive Officer and as a member of the Board as of the Effective Date
  evidence_url: https://www.sec.gov/Archives/edgar/data/1620533/000110465924037341/0001104659-24-037341-index.htm
- Executive change
  Robert Lynch was appointed as Chief Executive Officer at Shake Shack Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1620533/000110465924037341/0001104659-24-037341-index.htm
- Executive change
  Randy Garutti resigned as Member of the Board of Directors at Shake Shack Inc..
  - Action: resigned
  - Role: Member of the Board of Directors
  source text: Randy Garutti who, as previously disclosed, will resign as Chief Executive Officer and as a member of the Board as of the Effective Date
  evidence_url: https://www.sec.gov/Archives/edgar/data/1620533/000110465924037341/0001104659-24-037341-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.