FAT Brands Announces Jordan Chirico as Executive Vice President and Head of Debt Capital Markets
FAT Brands announces the appointment of Jordan Chirico as Executive Vice President and Head of Debt Capital Markets. Chirico joins the company with nearly 20 years of Wall Street experience, focusing on FAT Brands' balance sheet management, $1.2 billion Whole Business Securitization portfolio, acquisition financings, and other debt-related strategies. His previous roles include senior positions in structured finance and asset management at Bank of America, Robert W. Baird, Credit Suisse, Brigade Capital Management, and 3|5|2 Capital. Co-CEO Rob Rosen expressed confidence in Chirico's ability to enhance FAT Brands' capital market strategies and support its growth as a major U.S. restaurant company.
FAT Brands, trading under the symbol FAT, owns and franchises over 2,300 restaurant units worldwide, including 18 brands such as Round Table Pizza, Fatburger, Marble Slab Creamery, and Johnny Rockets.
- Appointment of Jordan Chirico brings nearly 20 years of Wall Street experience to FAT Brands.
- Chirico will manage the $1.2 billion Whole Business Securitization portfolio, potentially enhancing financial stability.
- Focus on acquisition financings and debt-related strategies to support FAT Brands' growth.
- Continued reliance on debt strategies could imply significant financial leverage risks.
Experienced Financial Executive Joins Fast-Growing Global Franchising Company
LOS ANGELES, July 01, 2024 (GLOBE NEWSWIRE) -- FAT (Fresh. Authentic. Tasty.) Brands Inc. announces the hiring of Jordan Chirico as Executive Vice President and Head of Debt Capital Markets. Mr. Chirico joins FAT Brands with nearly 20 years of Wall Street experience and will be focused on the Company’s balance sheet including its
Mr. Chirico spent the first half of his career in structured finance at Bank of America, Robert W. Baird and Credit Suisse before pivoting to the asset management side of the business, holding senior Portfolio Management roles at Robert W. Baird, Brigade Capital Management, and 3|5|2 Capital.
“We are so pleased to welcome Jordan to FAT Brands with his strong background in capital markets,” said Rob Rosen, Co-CEO of FAT Brands. “FAT Brands is uniquely positioned to continue its growth trajectory and Jordan’s expertise will be beneficial as we look to both bolster the balance sheet and be efficient in our financings to build upon our positioning as one of the largest restaurant companies in the U.S.”
For more information on FAT Brands, please visit http://www.fatbrands.com.
About FAT (Fresh. Authentic. Tasty.) Brands
FAT Brands (NASDAQ: FAT) is a leading global franchising company that strategically acquires, markets and develops fast casual, casual and polished casual dining restaurant concepts around the world. The Company currently owns 18 restaurant brands: Round Table Pizza®, Fatburger, Marble Slab Creamery, Johnny Rockets, Fazoli’s, Twin Peaks, Great American Cookies, Smokey Bones, Hot Dog on a Stick, Buffalo’s Cafe & Express, Hurricane Grill & Wings, Native Grill & Wings, Pretzelmaker, Elevation Burger, Yalla Mediterranean and Ponderosa and Bonanza Steakhouses, and franchises and owns over 2,300 units worldwide. For more information on FAT Brands, please visit http://www.fatbrands.com.
MEDIA CONTACT:
Erin Mandzik, FAT Brands
emandzik@fatbrands.com
860-212-6509
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