Shake Shack Inc. announced the transition of its Chief Financial Officer, Katherine Fogertey.
The company emphasized the establishment of an Office of the CFO with a tenured team during the transition period.
Shake Shack reaffirmed its Fourth Quarter and Fiscal Year 2025 financial guidance and Three-Year Financial Targets.
CFO Transition
Katherine Fogertey steps down as CFO effective March 4, 2026, moving into a Senior Advisor role. The search for a new CFO has commenced.
New Office of the CFO
A team of experienced leaders across financial functions will ensure stability during the CFO transition.
Financial Outlook
Reiteration of financial guidance for Fourth Quarter and Fiscal Year 2025, with targets for revenue, profit margin, and operational openings.
- The CFO transition aims to maintain continuity and support growth opportunities at Shake Shack.
- The establishment of the Office of the CFO signals a strategic move to ensure financial stability during the leadership change.
Shake Shack's proactive approach to the CFO transition and reaffirmation of financial guidance reflect a commitment to sustained growth and operational excellence.