FAT Brands Names James C. Neuhauser as Executive Chairman of the Board and Appoints Lynne L. Collier as New Independent Director
13 July 2022 - 8:00PM
FAT (Fresh. Authentic. Tasty.) Brands Inc. announces the
elevation of James C. Neuhauser as Executive Chairman of the Board
of Directors. Mr. Neuhauser has been an independent director on the
FAT Brands Board since its inception in 2017. Mr. Neuhauser, a
veteran financial executive with over 30 years of experience in
financial and strategic planning and investment banking, will
oversee FAT Brands’ accounting and legal departments and focus on
the Company’s public traded equities and relationship with
investors.
Mr. Neuhauser was formerly a Senior Managing
Director in the Private Capital Markets Group of Stifel Nicolas
& Company, and before that he served as Chief Investment
Officer of FBR & Co., where he was an early member of the firm
and had spent 25 years in various roles.
Edward H. Rensi, Chairman of the Board, will
transition to Vice Chairman of the Board of Directors. Mr. Rensi,
former President and CEO of McDonald’s USA, has been on the FAT
Brands Board since its inception and will continue to provide
strategic counsel to the global restaurant franchising company.
A new addition to the board is Lynne L. Collier.
Ms. Collier will serve as an independent director and brings nearly
30 years of experience in public capital markets, with a focus on
the restaurant industry. Most recently, Ms. Collier served as a
Managing Director in the Investor Relations Division at ICR Inc.
Prior to that, Ms. Collier had a 25-year career in equity research
as a sell-side Consumer Analyst including for Loop Capital and
Canaccord Genuity.
“Jim and Ed have been tremendous assets to FAT
Brands over the last five years as we have reached a whole new
level of scale," said Andy Wiederhorn, CEO of FAT
Brands. “I look forward to tapping further into Jim’s deep
expertise in the public equity markets. I’m also pleased to welcome
Lynne who brings a new skillset to our Board as an experienced
restaurant analyst.”
For more information on FAT Brands,
visit www.fatbrands.com.
About FAT (Fresh. Authentic. Tasty.)
Brands
FAT Brands (NASDAQ: FAT) is a leading global
franchising company that strategically acquires, markets, and
develops fast casual, quick-service, casual dining, and
polished casual dining concepts around the world. The Company
currently owns 17 restaurant brands: Round Table Pizza, Fatburger,
Marble Slab Creamery, Johnny Rockets, Fazoli’s, Twin Peaks, Great
American Cookies, Hot Dog on a Stick, Buffalo’s Cafe & Express,
Hurricane Grill & Wings, Pretzelmaker, Elevation Burger, Native
Grill & Wings, Yalla Mediterranean and Ponderosa and Bonanza
Steakhouses, and franchises and owns over 2,300 units worldwide.
For more information on FAT Brands, please
visit www.fatbrands.com.
Forward Looking Statements
This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements reflect expectations
of FAT Brands Inc. (“we”, “our” or the “Company”) concerning the
future and are subject to significant business, economic and
competitive risks, uncertainties and contingencies, including but
not limited to uncertainties surrounding the severity, duration and
effects of the COVID-19 pandemic. These factors are difficult to
predict and beyond our control, and could cause our actual results
to differ materially from those expressed or implied in such
forward-looking statements. We refer you to the documents that we
file from time to time with the Securities and Exchange Commission,
such as our reports on Form 10-K, Form 10-Q and Form 8-K, for a
discussion of these and other factors. We undertake no obligation
to update any forward-looking statement to reflect events or
circumstances occurring after the date of this press release.
MEDIA CONTACT:Erin Mandzik, FAT
Brandsemandzik@fatbrands.com 860-212-6509
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