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2025-11-25 20:37
Shake Shack Inc. ("Shake Shack" or the "Company") (NYSE:SHAK) today announced that Katherine Fogertey, Chief Financial Officer, will step down from the Company effective March 4, 2026. Beginning immediately, Fogertey will move into a Senior Advisor role to support a smooth handoff and ensure continuity across all financial functions during the transition. The Company plans to launch a search for a new Chief Financial Officer immediately.
As part of this transition, the Company is establishing an Office of the CFO, composed of a tenured team of experienced leaders across financial planning, accounting, treasury, data science and investor relations. This structure is designed to provide stability and deliver uninterrupted support to the business while the Company searches for its next CFO.
"Katie has made a meaningful and positive impact on Shake Shack, helping us navigate pivotal moments of growth and transition," said Rob Lynch, Chief Executive Officer of Shake Shack. "We are grateful for her significant contributions to the strategic and financial growth of our company and wish her continued success in all that comes next. We also have full confidence in the experienced team of leaders who will guide the newly established Office of the CFO in the interim as we begin our search for our next CFO."
"I am incredibly proud of all that we have achieved together during my time as CFO, including doubling our footprint and implementing meaningful improvements to our business model," said Katie Fogertey. "We have built a solid foundation that will help power Shake Shack's robust growth opportunity for many years to come. I want to express my heartfelt gratitude to our amazing leaders on the Finance team, in our Shacks and broadly at our Support Centers—your support has been vital to all that we have achieved. As I transition into my new role as Senior Advisor, I am dedicated to ensuring a smooth handoff and continuing to support the company. I am excited to continue to cheer on Shake Shack and watch this team reach new heights."