FAT Brands names Kenneth Kuick and Robert Rosen as Co-CEOs; CEO Andrew Wiederhorn resigns

Fat Brands, Inc

Andrew Wiederhorn resigned as CEO effective May 5, 2023; succeeded by Kuick and Rosen as Co-CEOs.
Kenneth Kuick (current CFO) gets $550k base salary, bonus target 50%, stock options for 50k shares.
Robert Rosen (Head of Debt Capital Markets) gets $550k base salary, bonus target 50%, stock options for 400k shares.
Kuick severance: 6 months base plus pro-rated bonus; Rosen severance: 1 year base plus pro-rated bonus.
Both continue vesting in prior equity grants; no family relationships or material transactions per Item 404(a).

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Kenneth Kuick

Co-Chief Executive Officer

FATAQ · Fat Brands, Inc

Effective: 2023-05-05
Filed: May 2, 2023, 7:59 PM ET

appointed Kenneth Kuick, age 54, and Robert Rosen, age 56, as Co-Chief Executive Officers (“Co-CEO’s”) of the Company, effective May 5, 2023

Appointed

Robert Rosen

Co-Chief Executive Officer

FATAQ · Fat Brands, Inc

Effective: 2023-05-05
Filed: May 2, 2023, 7:59 PM ET

appointed Kenneth Kuick, age 54, and Robert Rosen, age 56, as Co-Chief Executive Officers (“Co-CEO’s”) of the Company, effective May 5, 2023

Departed

Andrew Wiederhorn

Chief Executive Officer

FATAQ · Fat Brands, Inc

Effective: 2023-05-05
Successor: Kenneth Kuick and Robert Rosen
Filed: May 2, 2023, 7:59 PM ET

Andrew Wiederhorn, who resigned as Chief Executive Officer effective May 5, 2023.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Kenneth Kuick was appointed as Co-Chief Executive Officer at Fat Brands, Inc.

Action: appointed
Role: Co-Chief Executive Officer

Exact text from the filing

appointed Kenneth Kuick, age 54, and Robert Rosen, age 56, as Co-Chief Executive Officers (“Co-CEO’s”) of the Company, effective May 5, 2023

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Robert Rosen was appointed as Co-Chief Executive Officer at Fat Brands, Inc.

Action: appointed
Role: Co-Chief Executive Officer

Exact text from the filing

appointed Kenneth Kuick, age 54, and Robert Rosen, age 56, as Co-Chief Executive Officers (“Co-CEO’s”) of the Company, effective May 5, 2023

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Andrew Wiederhorn resigned as Chief Executive Officer at Fat Brands, Inc.

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

Andrew Wiederhorn, who resigned as Chief Executive Officer effective May 5, 2023.

View on SEC.gov

Fat Brands, Inc filing history →

Source: SEC EDGAR

accession 0001493152-23-015199

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