Operations
BurgerFi CEO becomes investor
July 13, 2023
On Carl J. Bachmann's first day as CEO of BurgerFi International Inc., the owner of BurgerFi and Anthony's Coal Fired Pizza & Wings, also became one of the largest individual management team investors in the company.
"I want to signal to our employees, franchisees, and existing investors, my belief and commitment to our brand," Bachmann said in a company press release. "I can think of no better way to do so than acquiring shares in the company."
Bachmann purchased 63,500 shares of BurgerFi common stock in an open market transaction.
"We believe strongly in our senior management team and their passion for our brands," Ophir Sternberg, executive chairman of BurgerFi and founder and CEO of Lionheart Capital, said in the release. "I am excited for the new leadership direction and Carl's vision to further build best-in-class brands."
Prior to joining BurgerFi, Bachmann served as president for Smashburger, a Denver-based chain that specializes in custom burgers.
Subscribe
Get the latest news and resources from Fast Casual.
