Shake Shack (SHAK) has released an update to notify the public and investors about its officers.
Robert Vivian and Jenna Lyons have announced their intentions to resign from Shake Shack Inc.’s Board of Directors after their current terms end, not seeking re-election at the 2024 Annual Meeting. Consequently, the Board will reduce its size from thirteen to eleven members. Jeffrey Lawrence and Jeff Flug will assume Vivian’s roles as Audit Committee Chair and Lead Independent Director, respectively, with Lori George taking over Flug’s position as Chair of the Nominating & Corporate Governance Committee. These changes are amicable and not due to any disputes.
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For a comprehensive understanding of the announcement, you can read the full document here.