44 min.
From A Hot Dog Cart To A $4 Billion Empire: Shake Shack’s Next Chapter | Executive Exchange Executive Exchange
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- Ondernemerschap
On the latest episode of Executive Exchange, Leadership Editor Ruth Umoh sits down with legendary Shake Shack founder Danny Meyer and former CEO Randy Garutti to discuss the latter's departure, what he accomplished at the burger empire for over 2 decades, and what lies ahead for the brand.
What started out as a hotdog cart in Madison Square Park in 2001, has now transformed into a $4 billion global behemoth. Former CEO Randy Garutti talks about working alongside Danny for 24 years in the restaurant industry and the impact he's had on his career throughout their time together. Randy leaves the company that now has over 540 restaurants in 19 countries.
Danny reminisces about meeting Randy for the first time at his very first restaurant, Tabla, when he hired him to become manager of the restaurant. But once Shake Shack started to hit its stride in Madison Square Park, Randy was ready to step up to the plate and lead the team.
They also discuss the new CEO, Rob Lynch, stepping in from Papa John's to lead the team and if there's ever going to be pizza on the Shake Shack menu. Their vision for Lynch is to mold new leaders in the brand to step up into larger roles in the future, just as they had done previously with Randy at the helm.
Finally, the two discuss the latest conflicts in the Israel-Hamas conflict and the boycott that happened at the company as well as what their favorite orders are at Shake Shack. Danny is a little surprised at Randy's go to order.
On the latest episode of Executive Exchange, Leadership Editor Ruth Umoh sits down with legendary Shake Shack founder Danny Meyer and former CEO Randy Garutti to discuss the latter's departure, what he accomplished at the burger empire for over 2 decades, and what lies ahead for the brand.
What started out as a hotdog cart in Madison Square Park in 2001, has now transformed into a $4 billion global behemoth. Former CEO Randy Garutti talks about working alongside Danny for 24 years in the restaurant industry and the impact he's had on his career throughout their time together. Randy leaves the company that now has over 540 restaurants in 19 countries.
Danny reminisces about meeting Randy for the first time at his very first restaurant, Tabla, when he hired him to become manager of the restaurant. But once Shake Shack started to hit its stride in Madison Square Park, Randy was ready to step up to the plate and lead the team.
They also discuss the new CEO, Rob Lynch, stepping in from Papa John's to lead the team and if there's ever going to be pizza on the Shake Shack menu. Their vision for Lynch is to mold new leaders in the brand to step up into larger roles in the future, just as they had done previously with Randy at the helm.
Finally, the two discuss the latest conflicts in the Israel-Hamas conflict and the boycott that happened at the company as well as what their favorite orders are at Shake Shack. Danny is a little surprised at Randy's go to order.
44 min.