KeyBanc Reiterates Overweight Rating on Papa John's (PZZA)

Shake Shack names Papa John's chief as its CEO

(Reuters) - Shake Shack said on Thursday it has named Papa John's International's CEO Rob Lynch as its chief, succeeding Randy Garutti, who is retiring after spending more than two decades at the burger chain.

Garutti, who steered the company through its initial public offering in 2015, would transition to an... More

Shake Shack (SHAK) Names Rob Lynch as Chief Executive Officer

Shake Shack Inc. (Shake Shack or the Company) (NYSE: SHAK) today announced that its Board of Directors has appointed Rob Lynch to the role of Chief Executive Officer and board member, effective May 20, 2024. Mr. Lynch currently serves as President and CEO of Papa Johns International, Inc. and under his leadership, the Company has achieved record global system-wide sales. Mr. Lynch will succeed Randy Garutti who will continue as the Companys CEO through May 20, 2024, which will also be his final day serving on the Board, before transitioning to an advisor through... More

Papa John's (PZZA) Announces CEO Change, Reaffirms Fiscal 2024 Guidance

Papa John's International, Inc. (NASDAQ: PZZA) (Papa Johns®) today announced Rob Lynch, President and Chief Executive Officer, will be departing Papa Johns to assume another CEO position. The Board has appointed Ravi Thanawala, Papa Johns current Chief Financial Officer, as Interim CEO effective today. To ensure a smooth transition, Mr. Lynch will provide continued support in an advisory role until April 30, 2024. The Board is conducting a comprehensive search process to identify a successor for the CEO role.

Since joining Papa Johns nearly five years ago, Mr. Lynch has guided the Company through a business... More