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Shake Shack names former Goldman Sachs analyst Katherine Fogerty chief financial officer, replacing Tara ComonteShake Shack names former Goldman Sachs analyst Katherine Fogerty chief financial officer, replacing Tara Comonte

The new CFO starts her job June 14

Bret Thorn, Senior Food Editor

June 9, 2021

2 Min Read
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Shake Shack Inc. has named Katherine Fogerty its chief financial officer, replacing Tara Comonte, who left in early May.

Fogerty joins the fast-casual burger chain, effective June 14, after spending more than 15 years at investment bank Goldman Sachs in New York City where most recently she was lead analyst covering the restaurant sector.

She has a bachelor’s degree of business administration in accounting, finance and international business from Washington University in St. Louis, which is her hometown as well as the hometown of Shake Shack founder Danny Meyer.

Katherine-Fogerty.jpg“I have always admired the incredible brand Shake Shack has built and maintained, while accelerating its expansion and growth across the globe,” Fogerty said in a press release announcing her appointment. “I am beyond thrilled to be joining the team at such a pivotal time in the Company’s journey. The Shack brand is stronger than ever and well positioned to capitalize on all the many opportunities ahead.”

CEO Randy Garutti praised Fogerty for her financial experience and knowledge of the foodservice industry.

“I am excited to welcome Katie to the Shake Shack leadership team as CFO,” he said. “She brings extensive financial experience, knowledge of our brand and deep industry and capital markets insights. I know Katie will be a natural fit in our Shake Shack culture, and I’m looking forward to working with her and our entire team as our business enters a new phase of exciting growth ahead.”

Related:Tara Comonte resigns as president and CFO of Shake Shack to become CEO of a non-restaurant company

Although Shake Shack, which is based in New York City and has a heavy concentration in urban areas hard hit by the pandemic, had yet to fully recover in the most recent quarter, the chain did open new restaurants and continues to invest in delivery-friendly technology, including an enhanced app that now allows delivery.

Contact Bret Thorn at [email protected] 

Follow him on Twitter: @foodwriterdiary

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About the Author

Bret Thorn

Senior Food Editor, Nation's Restaurant News

Senior Food & Beverage Editor

Bret Thorn is senior food & beverage editor for Nation’s Restaurant News and Restaurant Hospitality for Informa’s Restaurants and Food Group, with responsibility for spotting and reporting on food and beverage trends across the country for both publications as well as guiding overall F&B coverage. 

He is the host of a podcast, In the Kitchen with Bret Thorn, which features interviews with chefs, food & beverage authorities and other experts in foodservice operations.

From 2005 to 2008 he also wrote the Kitchen Dish column for The New York Sun, covering restaurant openings and chefs’ career moves in New York City.

He joined Nation’s Restaurant News in 1999 after spending about five years in Thailand, where he wrote articles about business, banking and finance as well as restaurant reviews and food columns for Manager magazine and Asia Times newspaper. He joined Restaurant Hospitality’s staff in 2016 while retaining his position at NRN. 

A magna cum laude graduate of Tufts University in Medford, Mass., with a bachelor’s degree in history, and a member of Phi Beta Kappa, Thorn also studied traditional French cooking at Le Cordon Bleu Ecole de Cuisine in Paris. He spent his junior year of college in China, studying Chinese language, history and culture for a semester each at Nanjing University and Beijing University. While in Beijing, he also worked for ABC News during the protests and ultimate crackdown in and around Tiananmen Square in 1989.

Thorn’s monthly column in Nation’s Restaurant News won the 2006 Jesse H. Neal National Business Journalism Award for best staff-written editorial or opinion column.

He served as president of the International Foodservice Editorial Council, or IFEC, in 2005.

Thorn wrote the entry on comfort food in the Oxford Encyclopedia of Food and Drink in America, 2nd edition, published in 2012. He also wrote a history of plated desserts for the Oxford Companion to Sugar and Sweets, published in 2015.

He was inducted into the Disciples d’Escoffier in 2014.

A Colorado native originally from Denver, Thorn lives in Brooklyn, N.Y.

Bret Thorn’s areas of expertise include food and beverage trends in restaurants, French cuisine, the cuisines of Asia in general and Thailand in particular, restaurant operations and service trends. 

Bret Thorn’s Experience: 

Nation’s Restaurant News, food & beverage editor, 1999-Present
New York Sun, columnist, 2005-2008 
Asia Times, sub editor, 1995-1997
Manager magazine, senior editor and restaurant critic, 1992-1997
ABC News, runner, May-July, 1989

Education:
Tufts University, BA in history, 1990
Peking University, studied Chinese language, spring, 1989
Nanjing University, studied Chinese language and culture, fall, 1988 
Le Cordon Bleu Ecole de Cuisine, Cértificat Elémentaire, 1986

Email: [email protected]

Social Media:
LinkedIn: https://www.linkedin.com/in/bret-thorn-468b663/
Facebook: https://www.facebook.com/bret.thorn.52
Twitter: @foodwriterdiary
Instagram: @foodwriterdiary

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