8-K
filed August 20, 2024, 7:59 PM ET
CIK 0001723580
other material
confidence high
sentiment negative
materiality 0.85
BurgerFi appoints CRO Jeremy Rosenthal; three directors resign amid restructuring push
BurgerFi International, Inc.
- Directors Allison Greenfield, Vivian Lopez-Blanco, Gregory Mann resigned Aug 14, 2024; no disagreement.
- David J. Gordon appointed independent Class B director; joins Audit, Compensation, Nominating committees.
- Jeremy Rosenthal (Force Ten Partners) named CRO, effective Aug 14, to manage restructuring and report to Board.
- Engagement Agreement: $950/hr for CRO, $75,000 retainer; liability capped at fees paid; includes indemnification.
- CRO authorized to oversee restructuring, negotiate with creditors, and may assist in Chapter 11 proceedings if needed.
Key facts
Extracted from this filing and checked against the source text.
Executive change
SEC 8-K Item 5.02
confidence 0.95
David J. Gordon was appointed as Director at BurgerFi International, Inc..
- Action
- appointed
- Role
- Director
Exact text from the filing
On August 14, 2024, the Board appointed David J. Gordon to the Board as an independent Class B director, effective immediately, for a term until his successor is elected and qualified or until his earlier resignation or removal.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Jeremy Rosenthal was appointed as Chief Restructuring Officer at BurgerFi International, Inc..
- Action
- appointed
- Role
- Chief Restructuring Officer
Exact text from the filing
On August 14, 2024, the board of directors of the Company appointed Jeremy Rosenthal to serve as the Company’s Chief Restructuring Officer (“ CRO ”), effective immediately.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Vivian Lopez-Blanco resigned as Director at BurgerFi International, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
On August 14, 2024, Allison Greenfield, Vivian Lopez-Blanco and Gregory Mann resigned from the board of directors (the “ Board ”) of BurgerFi International, Inc. (the “ Company ”), effective immediately.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Gregory Mann resigned as Director at BurgerFi International, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
On August 14, 2024, Allison Greenfield, Vivian Lopez-Blanco and Gregory Mann resigned from the board of directors (the “ Board ”) of BurgerFi International, Inc. (the “ Company ”), effective immediately.
View on SEC.gov
Executive change
SEC 8-K Item 5.02
confidence 0.95
Allison Greenfield resigned as Director at BurgerFi International, Inc..
- Action
- resigned
- Role
- Director
Exact text from the filing
On August 14, 2024, Allison Greenfield, Vivian Lopez-Blanco and Gregory Mann resigned from the board of directors (the “ Board ”) of BurgerFi International, Inc. (the “ Company ”), effective immediately.
View on SEC.gov
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