Less than a month after naming Carl Bachmann as its new CEO, BurgerFi now also has a new chief financial officer. Christopher Jones will join the company July 10, succeeding Mike Rabinovitch in the role.
Jones joins BurgerFi from Odyssey Marine Exploration in Tampa, Florida, where he has served as CFO since June 2021, according to his LinkedIn account. Prior, he served as VP of corporate finance at Mohegan Gaming and Entertainment, where he spearheaded the company’s finance, investor relations and international finance development. He also has experience in equity research and served as an analyst for various organizations including The Buckingham Group, Jefferies Asset Management, Lehman Brothers, Oppenheimer & Co., Telsey Advisory Group, and Union Gaming Securities.
“I am excited to join BurgerFi as we look to explore all potential solutions to drive stakeholder returns including a sharp focus on improved productivity and returns from existing company and franchise locations, while also considering potential accretive acquisitions,” Jones said in a release. “Working side by side with the new CEO and board of directors, I look forward to reinvigorating our stakeholder communications with investors as well as franchisees.”
Rabinovitch is transitioning to Lionheart Capital as a senior advisor. Lionheart Capital along with its founder and the company’s executive chairman, Ophir Sternberg, is the company’s largest shareholder. Rabinovitch will remain in his role as CFO until July 10, and is then expected to remain with the company to assist in the transition with Jones until July 31 or earlier if agreed to.
“Mike has been an instrumental part of BurgerFi’s story. We have benefitted from his unwavering commitment and leadership these past few years and we are grateful for the strong foundation he leaves behind,” Sternberg said in a statement. “I want to thank him for his partnership and willingness to support a seamless transition with Chris before becoming a senior advisor with Lionheart Capital.”
BurgerFi International Inc. is the owner of fast casual concept BurgerFi and casual dining pizza brand Anthony’s Coal Fired Pizza & Wings.
Contact Alicia Kelso at [email protected]
