The Good Times Restaurants Inc. (Nasdaq: GTIM) Board of Directors announced last week that Ryan Zink has been named Chief Executive Officer of Good Times Restaurants Inc. effective immediately. Mr. Zink has served as Acting Chief Executive Officer and Chief Financial Officer since October 2019.
“I have the utmost confidence in Ryan. As Acting CEO, he has demonstrated outstanding leadership and the ability that will be needed to lead the Company out of the impact of the Coronavirus pandemic and into a bright future,” Geoff Bailey, Chairman of the Board of Directors, said. “The Board of Directors is excited about Mr. Zink’s fresh perspective and energy, coupled with his finance and operations experience, and we believe it’s what the Company needs to build strong, successful brands and to improve shareholder value,” Mr. Bailey continued.
In Mr. Zink’s role as CEO, he will directly oversee both of the Company’s brands and corporate functions. Mr. Zink will report to the Chairman of the Board of Directors. The Company does not intend to appoint a CFO at this time.
Mr. Zink commented, “I am honored to take the helm in a permanent appointment, even at such a turbulent time for our industry and our customers. The foundation that our management team has built over the last six months has enabled us to be nimble and take immediate action to maintain both liquidity and operating capability through the pandemic. I am confident that as our nation’s crisis passes, our brands will be well positioned to capitalize on renewed demand for the high-quality food and unique experience that Good Times and Bad Daddy’s provide our guests.”
Mr. Zink joined the Company in 2017 as its Chief Financial Officer. Immediately prior to joining the Company, Mr. Zink served as Corporate Finance Director and Reporting Leader for INVISTA, a wholly-owned subsidiary of Koch Industries, Inc. He also served in various capacities with F&H Acquisition Corp., parent of the Fox and Hound and 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 with the professional services firm KPMG LLP.