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FAT Brands Inc.

Leadership

Fat Brands names two replacements for CEO Andy Wiederhorn

 By Jonathan Maze on May 01, 2023

Ken Kuick, the CFO, and Rob Rosen, EVP of capital markets, will become co-CEOs of the franchise brand operator on Friday.

Financing

Fat Brands' controlling shareholder replaces most of its board

 By Jonathan Maze on Apr. 06, 2023

The Bottom Line: Fog Cutter Capital, owned by Andy Wiederhorn and his family, ousted its directors and appointed a new slate that includes several of his family members. The owner of Johnny Rockets and Twin Peaks also relabeled itself a “controlled company.”

Leadership

Andy Wiederhorn is stepping aside as Fat Brands CEO

By Jonathan Maze on Mar. 06, 2023

Citing a federal investigation tied to him last year, the founder of the owner of Fatburger, Twin Peaks and Johnny Rockets is stepping aside to serve as a strategic advisor.

Financing

M&A market is looking up for Fat Brands

By Joe Guszkowski, Peter Romeo and Jonathan Maze on Feb. 24, 2023

Earnings roundup: The brand collector said asking prices for restaurants are coming down. Also, PFG senses "pizza fatigue," Ruth's Chris cuts costs with tech, Chuy's wins with LTOs and profits rise for US Foods.

Leadership

17-concept Fat Brands hires its first-ever chief growth officer

By Peter Romeo on Nov. 14, 2022

Jeremy Theisen joins the Twin Peaks and Fazoli's parent after two decades of expanding startups.

Financing

Fat Brands is still shopping for acquisitions, but doesn’t like the prices

By Jonathan Maze on Oct. 11, 2022

The Bottom Line: The owner of Fatburger and Johnny Rockets is looking for deals after taking a break but finds the market to be a lot slower this year.

Financing

Johnny Rockets’ owner and its growing roster of chains dive into cobranding

By Jonathan Maze on Oct. 10, 2022

Fat Brands, which operates 15 concepts, is putting more of them together under one roof, including a Johnny Rockets-Hurricane combo in a D.C. hotel.

Workforce

How 2 CEOs view the industry’s political problems and opportunities

By Restaurant Business Staff on Sep. 14, 2022

Working Lunch: Fat Brands' Andy Wiederhorn and the National Restaurant Association’s Michelle Korsmo team up on the podcast to dissect the industry’s key issues.

Leadership

Fat Brands will pay $2.5M to settle shareholder lawsuit

By Jonathan Maze on Aug. 11, 2022

The owner of Johnny Rockets and Twin Peaks also agreed to issue $500,000 in stock to settle complaints over statements related to the investigation of CEO Andy Wiederhorn.

Financing

Ruth's Chris sees some relief on beef costs

By Joe Guszkowski and Jonathan Maze on Aug. 08, 2022

Earnings Roundup: Chuy's sales hurt by the Texas heat and Fat Brands looks for more acquisition targets.

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