FAT Brands appoints John C. Metz to Board of Directors, expanding to 11 members

Fat Brands, Inc

Board increased from 10 to 11; Metz appointed to fill vacancy with term at 2023 Annual Meeting.
Metz is experienced restaurant operator, owns ~70 franchised restaurants including Hurricane Dockside Grill.
Standard non-employee director compensation: $120,000 annual cash + options for 30,636 Class A shares vesting over 3 years.
Metz's RREMC Restaurants is a franchisee; paid $0.4M in royalties/marketing fees in 2022 and $0.2M in 2023 through date.
Company also paid Metz $160,000 consulting fee in Jan 2022 for Native Grill & Wings acquisition.

item 5.02

Executive movements

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Appointed

John C. Metz

Director

FATAQ · Fat Brands, Inc

Effective: 2023-07-11
Filed: July 17, 2023, 7:59 PM ET

On July 11, 2023, the Board of Directors (the “Board”) of FAT Brands Inc. (the “Company”) increased the size of the Board from ten to eleven persons, and appointed John C. Metz to fill the vacancy on the Board with a term expiring at the Company’s 2023 Annual Meeting of Stockholders.

Key facts

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Executive change SEC 8-K Item 5.02 confidence 0.95

John C. Metz was appointed as Director at Fat Brands, Inc.

Action: appointed
Role: Director

Exact text from the filing

On July 11, 2023, the Board of Directors (the “Board”) of FAT Brands Inc. (the “Company”) increased the size of the Board from ten to eleven persons, and appointed John C. Metz to fill the vacancy on the Board with a term expiring at the Company’s 2023 Annual Meeting of Stockholders.

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Fat Brands, Inc filing history →

Source: SEC EDGAR

accession 0001493152-23-024763

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