Shake Shack Agrees to Add Dissident-Sponsored Board Members

Shake Shack Inc. has entered a cooperation agreement with Engaged Capital, LLC to appoint Jeffrey D. Lawrence to its Board as an independent director, effective immediately. The Company will also work with Engaged Capital to identify an additional mutually agreed upon independent director to appoint to the Shake Shack Board with restaurant operations experience. The Company also agreed to take other actions that both the Company and Engaged Capital believe are in the best interests of the Company and its stockholders.

Shake Shack Enters Into Cooperation Agreement With Engaged Capital | Business Wire

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