Business
Muscle Maker, Inc. Appoints Mark McKinney to Board as Sadot LLC Crosses $9.9 Million Net Income
FORT WORTH, TX / ACCESSWIRE / June 9, 2023 / Muscle Maker, Inc. (MMI), the "Company" (NASDAQ:GRIL), today announced it has named Mark McKinney to its Board of
About this update from Sadot Group Inc.
[{"type":"text","content":"FORT WORTH, TX / ACCESSWIRE / June 9, 2023 / Muscle Maker, Inc. (MMI), the \"Company\" (NASDAQ:GRIL), today announced it has named Mark McKinney to its Board of Directors. Sadot LLC generated net income for Muscle Maker of $9.9 million milestone which triggers the final three board nominations by Aggia LLC FZ as outlined in a service agreement reached on November 18, 2022. Mr. McKinney is the first nomination to be named of the final three board member seats.McKinney brings more than 30 years of domestic and international C-Level experience across various industries, six countries and three continents. Most recently, McKinney served as Chief Operating Officer of Local Bounti, a leading Ag-tech company specializing in indoor farming. During his tenure, McKinney was instrumental in the successful execution of the company's initial public offering on the NYSE, establishing Local Bounti as a key player in the industry.Prior to Local Bounti, from 2018 to 2021, McKinney was Chief Operating Officer at Fruit Growers (Sunkist Cooperative) where he managed multiple business verticals and supply chain operations supporting 39 packing houses and thousands of Sunkist growers. From 2015 through 2017, McKinney was CEO of Al Ghurair Foods, where he managed nine business lines with operations in four countries. Al Ghurair is one of the largest diversified enterprises in the Middle East, with global reach and business roots stretching back half a century. During his tenure there, the company improved cash flow by 100% and net profit by 67%. Prior to this, from 1993 to 2015 McKinney served in various senior roles at the Dole Food Company, including Senior Director positions in Dole Asia, Ltd. and Dole Europe S.A., President and Managing Director of Dole Thailand and President of Dole Packaged Foods Asia. McKinney's career includes several Board and Advisory roles. He holds an MBA from Claremont University's Peter F. Drucker Graduate Management Center and a Bachelor of Science degree in Chemical Engineering from California Polytechnic University, Pomona.\"We're delighted to welcome Mark to the Muscle Maker board,\" commented MMI CEO Mike Roper. \"Mark's broad experience across the food service industry is ideal for our ongoing business model and we look forward to drawing on that experience as we continue to evolve into an internationally focused f...