Palm Beach, Fla.-based burger chain BurgerFi has appointed Michael Rabinovitch as its chief financial officer, the company announced Wednesday. Rabinovitch comes from Fortune 100 global technology distributor Tech Data Corporation, where he served as chief accounting officer and has more than 25 years of leadership experience in the financial sector.
Rabinovitch is replacing former CFO Bryan McGuire, effective April 1. McGuire is remaining with BurgerFi for now to lead the company's quarter-close process and financial filings and transition to new leadership.
“As BurgerFi continues to accelerate its growth strategy, Michael’s extensive experience in acquisitions, business processes and managing the strong financial structure and growth of large public companies adds significant value to our organization,” Ophir Sternberg, BurgerFi executive chairman said in a statement. “We are pleased to welcome Michael to BurgerFi and look forward to his leadership.”
Prior to joining Tech Data Corporation, Rabinovitch served as vice president of finance and later, senior vice president and chief accounting officer for Office Depot, where he was responsible for all aspects of accounting policy and process including Sarbanes Oxley compliance. He has also held senior financial positions at Mayors Jewelers and Claire’s Stores, Inc. during their period of rapid expansion.
“I am excited to be joining BurgerFi and look forward to adding value to the company as they execute on their growth strategy,” Rabinovitch said in a statement. “I am looking forward to supporting the leadership team in implementing strategies that will drive profitability of the organization and shareholder value.
BurgerFi also just announced on Feb. 26 the appointment of Martha Stewart to their board of directors as chair of the product and innovation committees.
The company has 120+ locations in the United States and select countries globally.
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