FAT Brands names Andrew Wiederhorn as CEO

FAT Brands Inc. (NASDAQ: FAT) announced that Andrew Wiederhorn has returned as chief executive officer, effective immediately. Wiederhorn will maintain his role as chairman of the board while resuming day-to-day operational leadership of the restaurant franchising company.

Ken Kuick, who previously served as co-CEO, will focus exclusively on his duties as chief financial officer of both FAT Brands and Twin Hospitality Group Inc. (NASDAQ: TWNP). Taylor Wiederhorn will continue in his position as chief development officer.

The leadership change follows a period during which Kuick and Taylor Wiederhorn served as co-CEOs. Andrew Wiederhorn stated the transition allows the company to build on current momentum and focus on strategic priorities including organic expansion, targeted acquisitions, and increasing manufacturing facility capacity.

FAT Brands operates as a franchising company that owns 18 restaurant brands including Fatburger, Johnny Rockets, Round Table Pizza, Fazoli's, Twin Peaks, and Marble Slab Creamery. The company franchises and owns over 2,300 units worldwide across fast casual, quick-service, casual dining, and polished casual dining segments.

The announcement was made through a press release statement from the Los Angeles-based company.

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