GEN Restaurant Group, Inc. Appoints David Park to its Board of Directors
GEN Restaurant Group, Inc. (Nasdaq: GENK), owner of GEN Korean BBQ, has appointed David Park to its board of directors and audit committee, effective July 24, 2024. This expansion brings the board to five total directors, with three serving independently. Park, founder and CIO of Alpha Park Partners, brings over 20 years of capital markets and M&A experience to the role. He has held senior positions at firms like Archegos Capital, Tiger Asia, and Goldman Sachs. GEN's Co-CEO and Board Chair, David Kim, welcomed Park's expertise as the company navigates public markets and executes its growth strategy. Park expressed excitement about joining GEN at this inflection point, citing the company's plan to double its footprint in the next two years and create long-term shareholder value.
GEN Restaurant Group, Inc. (Nasdaq: GENK), proprietario di GEN Korean BBQ, ha nominato David Park nel proprio consiglio di amministrazione e nel comitato di audit, con decorrenza dal 24 luglio 2024. Questa espansione porta il consiglio a cinque membri in totale, con tre membri che agiscono in modo indipendente. Park, fondatore e CIO di Alpha Park Partners, porta con sé oltre 20 anni di esperienza nei mercati di capitali e nelle fusioni e acquisizioni. Ha ricoperto posizioni dirigenziali in aziende come Archegos Capital, Tiger Asia e Goldman Sachs. Il Co-CEO e Presidente del Consiglio di GEN, David Kim, ha accolto con favore l'esperienza di Park mentre l'azienda naviga nei mercati pubblici e attua la propria strategia di crescita. Park ha espresso il suo entusiasmo per entrare a far parte di GEN in questo momento di svolta, citando il piano dell'azienda di raddoppiare la propria presenza nei prossimi due anni e creare valore per gli azionisti a lungo termine.
GEN Restaurant Group, Inc. (Nasdaq: GENK), propietario de GEN Korean BBQ, ha nombrado a David Park en su consejo de administración y en el comité de auditoría, efectivo a partir del 24 de julio de 2024. Esta expansión lleva el consejo a un total de cinco directores, con tres de ellos operando independientemente. Park, fundador y CIO de Alpha Park Partners, aporta más de 20 años de experiencia en mercados de capitales y fusiones y adquisiciones a su nuevo rol. Ha ocupado posiciones senior en empresas como Archegos Capital, Tiger Asia y Goldman Sachs. David Kim, Co-CEO y Presidente del Consejo de GEN, dio la bienvenida a la experiencia de Park mientras la compañía navega por los mercados públicos y ejecuta su estrategia de crecimiento. Park expresó su entusiasmo por unirse a GEN en este punto de inflexión, señalando el plan de la empresa para duplicar su huella en los próximos dos años y crear valor a largo plazo para los accionistas.
GEN Restaurant Group, Inc. (Nasdaq: GENK), GEN Korean BBQ의 소유주로, 데이비드 박을 이사회의 일원으로 임명했다고 밝혔다. 이 결정은 2024년 7월 24일부터 시행된다. 이번 확대를 통해 이사회는 총 5명의 이사로 구성되며, 그 중 3명은 독립적으로 활동한다. Alpha Park Partners의 창립자이자 CIO인 Park은 20년 이상의 자본 시장 및 M&A 경험을 소중한 자산으로 제공한다. 그는 Archegos Capital, Tiger Asia, Goldman Sachs와 같은 회사에서 고위직을 역임했다. GEN의 공동 CEO이자 이사회 의장인 David Kim은 회사가 공공 시장을 탐색하고 성장 전략을 실행하는 동안 Park의 전문 지식을 환영했다. Park은 변곡점에 있는 GEN에 합류하게 되어 기쁘며, 향후 2년 안에 사업 영역을 두 배로 늘리는 계획과 장기 주주 가치를 창출하는 것에 대해 언급했다.
GEN Restaurant Group, Inc. (Nasdaq: GENK), propriétaire de GEN Korean BBQ, a nommé David Park à son conseil d'administration et à son comité d'audit, à compter du 24 juillet 2024. Cette expansion porte le conseil à cinq membres au total, dont trois exercent indépendamment. Park, fondateur et CIO d'Alpha Park Partners, apporte plus de 20 ans d'expérience dans les marchés de capitaux et les fusions-acquisitions à ce poste. Il a occupé des postes de direction dans des entreprises telles qu'Archegos Capital, Tiger Asia et Goldman Sachs. Le Co-CEO et Président du Conseil de GEN, David Kim, a salué l'expertise de Park alors que l'entreprise navigue sur les marchés publics et met en œuvre sa stratégie de croissance. Park a exprimé son enthousiasme à rejoindre GEN à ce moment charnière, citant le plan de l'entreprise pour double sa présence au cours des deux prochaines années et créer de la valeur pour les actionnaires à long terme.
GEN Restaurant Group, Inc. (Nasdaq: GENK), Inhaber von GEN Korean BBQ, hat David Park in seinen Vorstand und den Prüfungsausschuss berufen, mit Wirkung zum 24. Juli 2024. Diese Erweiterung erhöht die Anzahl der Vorstandsmitglieder auf insgesamt fünf, von denen drei unabhängig sind. Park, Gründer und CIO von Alpha Park Partners, bringt über 20 Jahre Erfahrung in den Bereichen Kapitalmärkte und M&A in seine neue Rolle ein. Er war in leitenden Positionen bei Unternehmen wie Archegos Capital, Tiger Asia und Goldman Sachs tätig. David Kim, Co-CEO und Vorstandsvorsitzender von GEN, begrüßte Parks Expertise, während das Unternehmen die öffentlichen Märkte navigiert und seine Wachstumsstrategie umsetzt. Park äußerte sich begeistert über seinen Eintritt bei GEN in diesem wichtigen Wendepunkt und verwies auf den Plan des Unternehmens, seine Präsenz in den nächsten zwei Jahren zu verdoppeln und langfristigen Aktionärswert zu schaffen.
- Appointment of David Park brings over 20 years of capital markets and M&A experience to the board
- Expansion of board to five directors with three serving independently strengthens corporate governance
- Company plans to double its footprint in the next two years, indicating strong growth strategy
- None.
CERRITOS, Calif., July 25, 2024 (GLOBE NEWSWIRE) -- GEN Restaurant Group, Inc. (“GEN” or the “Company”) (Nasdaq: GENK), owner of GEN Korean BBQ, a fast-growing casual dining concept with an extensive menu and signature “grill at your table” experience, has appointed David Park to the board of directors and to serve on the audit committee of the board, effective July 24, 2024. With Mr. Park’s addition, GEN has expanded the board to five total directors with three serving independently.
Mr. Park brings to the board more than two decades of experience in the capital markets and extensive M&A experience. Currently, Mr. Park is the founder and chief investment officer of Alpha Park Partners, a long-term oriented investment fund based in New York. He has held a variety of senior roles analyzing both public equity investments and private equity M&A transactions for notable firms, including Archegos Capital, Tiger Asia, Rockwood Capital, AEW Capital, and Maverick Capital, as well as previously working in the investment banking division of Goldman Sachs. Mr. Park holds an MBA from The Wharton School of the University of Pennsylvania.
“I’m pleased to have Dave, a seasoned capital markets practitioner with M&A experience, join GEN’s board of directors,” said GEN’s Co-CEO and Chair of the Board David Kim. “As we continue to navigate the capital markets as a public company and execute upon our growth strategy to expand our footprint, we believe Dave’s significant experience in both of these areas will help guide our decision making. On behalf of our entire board, we welcome Dave to the team.”
Mr. Park commented on his appointment, “GEN has promising momentum on its side as the team looks to double the Company’s footprint in the next two years and create durable long-term value for shareholders. I have spent the majority of my entire career analyzing public equity investments, and I believe my expertise will be highly valuable to the board on this journey as a public company. I’m excited to be joining the board at this unique inflection point and look forward to providing my support as the Company capitalizes on the significant growth opportunities ahead.”
About GEN Restaurant Group, Inc.
GEN Korean BBQ is one of the largest Asian casual dining restaurant concepts in the United States. Founded in 2011 by two Korean immigrants in Los Angeles, the brand has now grown to 40 company-owned locations where guests serve as their own chefs, preparing meals on embedded grills in the center of each table. The extensive menu consists of traditional Korean and Korean-American food, including high-quality meats, poultry, seafood and mixed vegetables. With its unique culinary experience alongside its modern décor and lively atmosphere, GEN Korean BBQ delivers an engaging and interactive dining experience that appeals to a vast segment of the population. For more information, visit GenKoreanBBQ.com and follow the brand on Facebook and Instagram.
Investor Relations Contact:
Cody Slach and Cody Cree
Gateway Group, Inc.
1-949-574-3860
GENK@gateway-grp.com
Media Relations Contact:
Zach Kadletz and Anna Rutter
Gateway Group, Inc.
1-949-574-3860
GENK@gateway-grp.com
FAQ
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