Randall “Randy” Garutti is the CEO of critically-acclaimed burger franchise Shake Shack. He also sits on the company’s board of directors.
Shake Shack started as a humble hot dog cart in New York’s Madison Square Park, later expanding into the modernized, community-friendly, “roadside” burger stand it’s known as today. Garutti joined the Shake Shack team in 2007 as chief operating officer and was promoted to CEO in 2011. He is credited with significant expansion of the restaurant chain, as well as leading it through its 2015 IPO. Shake Shack has now grown to over 200 locations in 13 countries and 27 states.
Before signing on with Shake Shack, Garutti was the director of operations for Union Square Hospitality Group, where he oversaw all of the company’s restaurants. Additionally, he served as the general manager of Union Square Cafe and Tabla. Both New York City restaurants earned numerous awards in the hospitality industry under his tenure. Garutti was also general manager for Canlis in Seattle, as well as Chart House Restaurants in Aspen and Maui.
In 2016, Garutti was listed as one of Crain’s “Top 40 under 40,” and in 2017, he was included as part of Nation’s Restaurant News’ annual “Power List.” He currently sits on the boards of Square and the Columbus Avenue Business Improvement District.
Garutti graduated from Cornell University’s School of Hotel Administration and studied at La Sorbonne in Paris. He lives in New York City with his wife and three children.
What is Randall J. Garutti's net worth?
The estimated net worth of Randall J. Garutti is at least $25.37 million as of January 15th, 2021. Mr. Garutti owns 196,891 shares of Shake Shack stock worth more than $25,373,343 as of December 21st. This net worth evaluation does not reflect any other investments that Mr. Garutti may own. Additionally, Mr. Garutti receives an annual salary of $1,850,000.00 as CEO at Shake Shack. Learn More about Randall J. Garutti's net worth.
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Has Randall J. Garutti been buying or selling shares of Shake Shack?
Randall J. Garutti has not been actively trading shares of Shake Shack during the last ninety days. Most recently, Randall J. Garutti sold 145,000 shares of the business's stock in a transaction on Friday, January 15th. The shares were sold at an average price of $111.39, for a transaction totalling $16,151,550.00. Following the completion of the sale, the chief executive officer now directly owns 196,891 shares of the company's stock, valued at $21,931,688.49. Learn More on Randall J. Garutti's trading history.
Who are Shake Shack's active insiders?
Are insiders buying or selling shares of Shake Shack?
During the last twelve months, insiders at the sold shares 22 times. They sold a total of 177,650 shares worth more than $19,282,384.71. The most recent insider tranaction occured on December, 11th when CFO Katherine Irene Fogertey sold 642 shares worth more than $88,281.42. Insiders at Shake Shack own 9.7% of the company.
Learn More about insider trades at Shake Shack. Information on this page was last updated on 12/11/2024.