Business
Good Times Restaurants Inc. Welcomes Matthew Karnes as Senior Vice President of Finance and Reports Inducement Grant Under Nasdaq Listing Rule 5635(c)(4)
GOLDEN, Colo.--(BUSINESS WIRE)-- Good Times Restaurants Inc. (GTIM) (the “Company”), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen
About this update from Good Times Restaurants Inc.
[{"type":"text","content":" GOLDEN, Colo.--(BUSINESS WIRE)--\nGood Times Restaurants Inc. (GTIM) (the “Company”), operator of Bad Daddy’s Burger Bar and Good Times Burgers & Frozen Custard, today announced that Matthew Karnes has been named Senior Vice President of Finance.\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220308005371/en/Matthew Karnes brings eighteen years of strong finance and operations leadership with a proven ability to direct and manage financial capabilities for both small and large organizations (Photo: Business Wire)\nMatthew, age 40, joins the Company from Denver Economic Development and Opportunity where he was the Chief Operating and Financial Officer, a position he held since December of 2019 and served as Special Projects Director since August 2018. From November 2015 to August 2018, Matthew was the Finance Director for FP&A and Contract Services at Denver International Airport. Additionally, Matthew served in a variety of individual and supervisory roles within finance and operations after graduating from the University of Arkansas.\n\n\"I am delighted to welcome Matthew to the Good Times Restaurants team,\" said Ryan Zink, President and Chief Executive Officer. “Matthew brings eighteen years of strong finance and operations leadership with a proven ability to direct and manage financial capabilities for both small and large organizations, with a unique knowledge of private, public and government settings. His ability to think strategically, lead teams and drive change, and manage complex operating and capital budgets will continue to strengthen our leadership team.\"\n\nMatthew stated, \"I’ve been following the Company for many years, and I am excited to focus on developing our processes and teams and to be part of continuing to grow these amazing brands for our guests and shareholders. Being a part of Good Times and Bad Daddy’s fits right into my love of culture including the great outdoors, music, food and people.\"\n\nIn connection with Mr. Karnes’ appointment, the Company’s Board of Directors approved, pursuant to Rule 5635(c)(4) of the Nasdaq Stock Market Listing Rules, the grant of inducement equity awards to Mr. Karnes in the form of (a) a stock option to purchase 25,000 shares of the Company’s common stock granted on Mr. Karnes’ first day of employment (t...