Nightfood Holdings Appoints Proven Operators to Accelerate Public Company Growth and Hospitality Innovation

Core Insights - Nightfood Holdings, Inc. has appointed Jimmy Chan as CEO and Ried Floco as President, marking a significant leadership transition aimed at driving the company's expansion in AI-driven hospitality automation and real estate-backed hotel operations [1][2] Leadership Experience - Jimmy Chan brings over 20 years of experience in capital markets and entrepreneurship, having founded CarryOutSupplies.com, a major provider of custom-printed foodservice packaging in North America. His expertise includes operational optimization, vertical integration, and supply chain innovation, which will support Nightfood's corporate development and capital markets strategy [3] - Ried Floco has over three decades of executive leadership in the hospitality sector, managing over 200 hotel properties with asset valuations exceeding $3 billion. He will focus on deploying Nightfood's Robotics-as-a-Service (RaaS) platform and leading hotel asset acquisition strategies [4] Strategic Focus - The leadership changes are expected to enhance shareholder value and promote disciplined growth through the combined expertise of Chan and Floco in scaling businesses and leveraging automation [2][6] - Sonny Wang, the former CEO, will now serve as Chief Revenue Officer, concentrating on maximizing revenue across AI robotics, hotel operations, and hospitality supply chain [5] Company Vision - Nightfood is positioned to lead the $170+ billion global service robotics market by integrating AI-powered service robotics with a strategic real estate-focused hotel acquisition model. This dual focus aims to reduce labor costs, improve guest experiences, and drive operational efficiency [7]