BurgerFi names Carl Bachmann as CEO, effective July 10, 2023

BurgerFi International, Inc.

Bachmann to receive $525K base salary, bonus up to 50% of base, and up to 1M shares in RSUs.
Signing bonus of $100K plus up to $50K in relocation expenses in first 12 months.
Bachmann previously served as President of Smashburger, led double-digit same-store sales growth.
He replaces retired CEO Ian Baines; start date July 10, 2023.

item 5.02 item 7.01 item 9.01

Executive movements

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Appointed

Carl Bachmann

Chief Executive Officer

BurgerFi International, Inc.

Effective: 2023-07-10
Filed: May 30, 2023, 7:59 PM ET

On May 23, 2023, BurgerFi International Inc. (the “Company”) entered into an employment agreement (the “Agreement”) with Carl Bachmann, age 55, to serve as Chief Executive Officer of the Company, effective July 10, 2023

Departed

Ian Baines

Chief Executive Officer

BurgerFi International, Inc.

Successor: Carl Bachmann
Filed: May 30, 2023, 7:59 PM ET

to fill the vacancy created by the previously disclosed retirement of Ian Baines.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Carl Bachmann was appointed as Chief Executive Officer at BurgerFi International, Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

On May 23, 2023, BurgerFi International Inc. (the “Company”) entered into an employment agreement (the “Agreement”) with Carl Bachmann, age 55, to serve as Chief Executive Officer of the Company, effective July 10, 2023

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Ian Baines retired as Chief Executive Officer at BurgerFi International, Inc..

Action: retired
Role: Chief Executive Officer

Exact text from the filing

to fill the vacancy created by the previously disclosed retirement of Ian Baines.

View on SEC.gov

Source: SEC EDGAR

accession 0001193125-23-156027

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