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Posted 11 December, 2023

Shake Shack Inc. appointed new CEO

CEO Change detected for ticker NYSE:SHAK in a 8-K filed on 11 December, 2023.


  On December 11, 2023, Shake Shack Inc. (the "Company") announced that Randall Garutti, its Chief Executive Officer, has informed the Company's Board of Directors that he will retire from the Company in 2024 upon the selection of his successor.  

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Overview of Shake Shack Inc.
Leisure/Arts/Hospitality • Restaurants
Shake Shack, Inc. engages in the operation and licensing of Shake Shack restaurants which serve burgers, hot dogs, crinkle cut fries, shakes, frozen custard, beer, wine, and related products. The company was founded by Daniel Harris Meyer on September 23, 2014 and is headquartered in New York, NY.
Market Cap
$4.22B
View Company Details
Shake Shack Inc. by TradingView
Relevant filing section
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On December 11, 2023, Shake Shack Inc. (the "Company") announced that Randall Garutti, its Chief Executive Officer, has informed the Company's Board of Directors that he will retire from the Company in 2024 upon the selection of his successor. Mr. Garutti will continue to lead the Company as its Chief Executive Officer and as an executive Board member through that time. The Company intends to retain Mr. Garutti as an advisor following his service as Chief Executive Officer through the end of 2024 to ensure a proper transition.


Mr. Garutti's decision to resign is not the result of any dispute or disagreement with the Company or its Board.