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Stock impact report

Shake Shack hires former Sonic leader as chief commercial officer [Yahoo! Finance]

Shake Shack, Inc. Class A (SHAK) 
Last shake shack, inc. class a earnings: 2/24 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Name: Jim Taylor New title: Chief commercial officer, Shake Shack Previous title: Brand president, Sonic Drive-In Shake Shack has hired Inspire Brands veteran Jim Taylor to fill its newly created chief commercial officer role, the burger chain said Tuesday. Taylor will oversee Shake Shack's marketing and culinary teams, according to the press release. At Inspire, Taylor oversaw Sonic as brand president from April 2023 to the fall of last year, following a long tenure with Arby's, according to his LinkedIn profile. Taylor spent nearly nine years at Arby's, a brand he helped revitalize through “a wide-ranging strategy that enhanced the menu, operations, technology and marketing to achieve 12 consecutive years of sales growth.” Sonic, however, has seen something of a retrenchment in its store system, losing a net 85 restaurants in 2023 and 2024, according to its franchise disclosure document. Closures do not necessarily reflect an ailing system, but Sonic's average unit volu Show less Read more
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