DENVER--(BUSINESS WIRE)--The Good Times Restaurants Inc. (Nasdaq: GTIM) Board of Directors announced now that Ryan Zink has actually been called Chief Executive Officer of Good Times Restaurants Inc. efficient automatically. Mr. Zink has actually offered as Acting Chief Executive Officer and also Chief Financial Officer considering that October 2019.
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Ryan Zink Named Chief Executive Officer (Photo: Business Wire)
“I have the utthe majority of confidence in Ryan. As Acting CEO, he has demonstrated outstanding management and also the ability that will be needed to lead the Company type of out of the impact of the Coronavirus pandemic and also into a bbest future,” Geoff Bailey, Chairmale of the Board of Directors, shelp. “The Board of Directors is excited about Mr. Zink’s fresh perspective and also power, coupled through his finance and also operations suffer, and also we think it’s what the Company type of requirements to develop solid, successful brands and to enhance shareholder worth,” Mr. Bailey continued.
In Mr. Zink’s duty as CEO, he will certainly straight overwatch both of the Company’s brands and also corpoprice attributes. Mr. Zink will certainly report to the Chairmale of the Board of Directors. The Company type of does not intend to appoint a CFO at this time.
Mr. Zink commented, “I am honored to take the helm in a long-term appointment, also at such a rough time for our sector and also our customers. The foundation that our monitoring team has constructed over the last six months has allowed us to be nimble and take prompt action to keep both liquidity and operating capcapacity with the pandemic. I am confident that as our nation’s crisis passes, our brands will be well positioned to capitalize on renewed demand also for the high-top quality food and also distinct endure that Good Times and also Bad Daddy’s carry out our guests.”
Mr. Zink joined the Company in 2017 as its Chief Financial Officer. Immediately prior to joining the Company kind of, Mr. Zink served as Corpoprice Finance Director and also Reporting Leader for INVISTA, a wholly-owned subsidiary of Koch Industries, Inc. He additionally offered in assorted capacities with F&H Acquisition Corp., parent of the Fox and Hound and also Champps restaurant brands, including Senior Vice President of Finance, and Chief Operating Officer for its Champps concept. Mr. Zink began his career as an accountant through the professional solutions firm KPMG LLP.
About Good Times Restaurants Inc.: Good Times Restaurants Inc. (GTIM) owns, opeprices, franchises and licenses 39 Bad Daddy’s Burger Bar restaurants via its wholly-owned subsidiaries. Bad Daddy’s Burger Bar is a full-company “tiny box” restaurant concept featuring a chef-thrust food selection of gourmet signature burgers, chopped salads, appetizers and sandwiches via a complete bar and a emphasis on a choice of craft microbrew beers in a high-power setting that appeals to a vast customer base. Furthermore, through its wholly owned subsidiaries, Good Times Restaurants Inc. operates and also franchises a local quick-business restaurant chain consisting of 33 Good Times Burgers & Frozen Custard restaurants concentrated on fresh, high-high quality, all-natural assets which are located mainly in Coloracarry out.
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Good Times Forward Looking Statements: This push release consists of forward looking statements within the interpretation of federal securities regulations. The words “intend,” “might,” “think,” “will,” “must,” “anticipate,” “suppose,” “seek” and comparable expressions are intfinished to recognize forward looking statements. These statements involve well-known and unknown risks, which may cause the Company’s actual results to differ materially from outcomes expressed or implied by the forward-looking statements. These threats include such factors as the unspecific nature of existing restaurant advance plans and also the capability to implement those plans and also integrate new restaurants, delays in arising and opening brand-new restaurants because of weather, neighborhood permitting or various other factors, boosted competition, expense increases or shorteras in raw food commodities, and other matters disputed under the Risk Factors area of Good Times’ Annual Report on Form 10-K for the fiscal year ended September 24, 2019 filed through the SEC. Although Good Times may from time to time voluntarily upday its forward-looking statements, it disclintends any type of commitment to carry out so except as forced by securities regulations.
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GOOD TIMES RESTAURANTS INC. CONTACTS: Ryan Zink, Chief Executive Officer (303) 384-1432Christi Pennington (303) 384-1440