---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-156027"
form_type: "8-K"
ticker: null
cik: "0001723580"
company_name: "BurgerFi International, Inc."
filed_at: "2023-05-30T23:59:59+00:00"
generated_at: "2026-06-14T11:49:03.362144+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-23-156027
- form_type: 8-K
- cik: 0001723580
- company_name: BurgerFi International, Inc.
- filed_at: 2023-05-30T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1723580/000119312523156027/0001193125-23-156027-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1723580/000119312523156027/d480571d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-156027
- JSON: https://secwatch.observer/filing/0001193125-23-156027.json
- Plain text: https://secwatch.observer/filing/0001193125-23-156027.txt

## Key facts
- Executive change
  Carl Bachmann was appointed as Chief Executive Officer at BurgerFi International, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: 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
  evidence_url: https://www.sec.gov/Archives/edgar/data/1723580/000119312523156027/0001193125-23-156027-index.htm
- Executive change
  Ian Baines retired as Chief Executive Officer at BurgerFi International, Inc..
  - Action: retired
  - Role: Chief Executive Officer
  source text: to fill the vacancy created by the previously disclosed retirement of Ian Baines.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1723580/000119312523156027/0001193125-23-156027-index.htm

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