---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-006818"
form_type: "8-K"
ticker: "FATAQ"
cik: "0001705012"
company_name: "Fat Brands, Inc"
filed_at: "2023-03-06T23:59:59+00:00"
generated_at: "2026-06-18T11:49:27.600444+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# FAT Brands CEO Andy Wiederhorn resigns amid government investigation; to become strategic advisor

## Summary
- Founder and CEO Andy Wiederhorn resigns effective May 5, 2023; will become outside consultant and strategic advisor.
- Wiederhorn cites previously announced government investigation tied to him as reason for stepping aside to eliminate distraction.
- Interim CEO to be announced prior to transition; Wiederhorn remains on board and controlling shareholder via Fog Cutter Holdings.
- Company grew from 2 to 17 brands with 2,300+ units and $2.2B systemwide sales under Wiederhorn's leadership.

## SEC filing metadata
- accession: 0001493152-23-006818
- form_type: 8-K
- ticker: FATAQ
- cik: 0001705012
- company_name: Fat Brands, Inc
- filed_at: 2023-03-06T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- 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/1705012/000149315223006818/0001493152-23-006818-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1705012/000149315223006818/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-006818
- JSON: https://secwatch.observer/filing/0001493152-23-006818.json
- Plain text: https://secwatch.observer/filing/0001493152-23-006818.txt

## Key facts
- Executive change
  Andrew Wiederhorn resigned as Chief Executive Officer at Fat Brands, Inc.
  - Action: resigned
  - Role: Chief Executive Officer
  source text: On March 3, 2023, Andrew Wiederhorn, founder and Chief Executive Officer of FAT Brands Inc. (the “ Company ”), resigned as Chief Executive Officer with an effective date of May 5, 2023, and will accept a new position as outside consultant and strategic advisor to the Company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1705012/000149315223006818/0001493152-23-006818-index.htm

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