Core Insights - Shake Shack's Chief Financial Officer Katie Fogertey will leave the company on March 4, transitioning to an advisory role immediately while a search for a permanent replacement begins [1][2] - The company is establishing an "Office of the CFO" to oversee financial operations during the transition, consisting of experienced leaders in various financial disciplines [2] - Under Fogertey's leadership since 2021, Shake Shack expanded significantly despite challenges such as the COVID-19 pandemic and inflation [2][3] Financial Performance - Shake Shack has seen modest same-store sales growth in the first half of 2025, with a stronger 4.9% increase in Q3, contrasting with declines faced by many fast casual brands [4] - The brand has increased advertising spending and shifted towards digital value deals to attract consumers, contributing to its same-store sales growth [3] Executive Changes - Shake Shack has undergone numerous executive changes since appointing Rob Lynch as CEO, including hiring a new chief operations officer and creating new marketing positions [5] - Recent appointments include Jamie Griffin as chief people officer and the first chief brand officer [6]
Shake Shack CFO to step down