FAT Brands CEO Wiederhorn resigns; Kuick, Rosen named Co-CEOs effective May 5, 2023

Fat Brands, Inc

Andrew Wiederhorn resigned as CEO effective May 5, 2023, becoming outside consultant/strategic advisor.
Kenneth Kuick and Robert Rosen appointed Co-CEOs effective May 5, 2023; Kuick also remains CFO, Rosen remains Head of Debt Capital Markets.
Each Co-CEO receives $550,000 base salary, minimum annual bonus of $270,000, and eligibility for equity awards.
Kuick gets 6 months severance on qualifying termination; Rosen gets 12 months; full equity acceleration on change in control or termination without cause/good reason.

item 5.02 item 9.01

Executive movements

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

Departed

Andrew Wiederhorn

Chief Executive Officer

FATAQ · Fat Brands, Inc

Effective: 2023-05-05
Successor: Kenneth Kuick and Robert Rosen
Filed: May 10, 2023, 7:59 PM ET

Andrew Wiederhorn resigned as Chief Executive Officer of the Company with an effective date of May 5, 2023, and became an outside consultant and strategic advisor to the Company on such date.

Appointed

Robert Rosen

Co-Chief Executive Officer

FATAQ · Fat Brands, Inc

Effective: 2023-05-05
Filed: May 10, 2023, 7:59 PM ET

Kenneth Kuick and Robert Rosen, who began serving as Co-Chief Executive Officers ("Co-CEO's") of the Company on May 5, 2023.

Appointed

Kenneth Kuick

Co-Chief Executive Officer

FATAQ · Fat Brands, Inc

Effective: 2023-05-05
Filed: May 10, 2023, 7:59 PM ET

Kenneth Kuick and Robert Rosen, who began serving as Co-Chief Executive Officers ("Co-CEO's") of the Company on 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

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

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

Andrew Wiederhorn resigned as Chief Executive Officer of the Company with an effective date of May 5, 2023, and became an outside consultant and strategic advisor to the Company on such date.

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

Kenneth Kuick and Robert Rosen, who began serving as Co-Chief Executive Officers ("Co-CEO's") of the Company on May 5, 2023.

View on SEC.gov

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

Kenneth Kuick and Robert Rosen, who began serving as Co-Chief Executive Officers ("Co-CEO's") of the Company on May 5, 2023.

View on SEC.gov

Fat Brands, Inc filing history →

Source: SEC EDGAR

accession 0001493152-23-016175

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.