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GEN Restaurant Group, Inc. Class A ( (GENK) ) has issued an update.
On January 14, 2025, GEN Restaurant Group announced a leadership change as Co-Founder Jae Chang stepped down as Co-CEO but remains a board member. David Kim, the current Chairman and Co-CEO, will now serve as the sole CEO, assuming Chang’s day-to-day responsibilities. This change comes as the company continues its growth strategy, building on the strong foundation established since its inception.
More about GEN Restaurant Group, Inc. Class A
GEN Restaurant Group, Inc., the owner of GEN Korean BBQ, is one of the largest Asian casual dining restaurant concepts in the United States. Founded in 2011 by two Korean immigrants in Los Angeles, the brand offers a unique ‘grill at your table’ experience with an extensive menu featuring traditional Korean and Korean-American dishes. The lively atmosphere and modern decor have made it a popular choice, with over 40 company-owned locations nationwide.
YTD Price Performance: -5.06%
Average Trading Volume: 57,497
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $244M
See more insights into GENK stock on TipRanks’ Stock Analysis page.
