{"id":800538,"date":"2025-01-14T08:37:27","date_gmt":"2025-01-14T13:37:27","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/gen-restaurant-group-announces-leadership-change\/"},"modified":"2025-01-14T08:37:27","modified_gmt":"2025-01-14T13:37:27","slug":"gen-restaurant-group-announces-leadership-change","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/gen-restaurant-group-announces-leadership-change\/","title":{"rendered":"GEN Restaurant Group Announces Leadership Change"},"content":{"rendered":"

\nJae Chang Steps Down as Co-CEO and Remains Board Member; Chairman and Co-CEO David Kim Takes Over Chang\u2019s Day-to-Day Responsibilities as the Sole CEO
\n<\/h2>\n
\n

CERRITOS, Calif., Jan. 14, 2025 (GLOBE NEWSWIRE) — GEN Restaurant Group, Inc. (\u201cGEN\u201d or the \u201cCompany\u201d) (Nasdaq: GENK), owner of GEN Korean BBQ<\/a>, a fast-growing casual dining concept with an extensive menu and signature \u201cgrill at your table\u201d experience, today announced changes to its leadership structure. Co-Founder Jae Chang has stepped down as Co-CEO, effective January 8, 2025, but will remain on the Company\u2019s board. GEN\u2019s Chairman and Co-CEO David Kim will remain as Chairman and is now the sole CEO of the Company.<\/p>\n

Chang commented: \u201cIt has been a privilege to build GEN Korean BBQ alongside David since opening our very first location in 2011. I\u2019m proud of all we\u2019ve accomplished together, and I look forward to watching the Company continue to thrive.\u201d<\/p>\n

Kim stated: \u201cAs GEN continues its upward trajectory, we look forward to building upon the strong foundation Jae helped lay. We have an experienced team in place to continue executing our growth strategy and take the Company to new heights.\u201d<\/p>\n

For more information, please visit the GEN investor relations website at investor.genkoreanbbq.com<\/a>.<\/p>\n

\n About GEN Restaurant Group, Inc.
<\/strong>
\n \u200b\u200b<\/strong>GEN Korean BBQ is one of the largest Asian casual dining restaurant concepts in the United States. Founded in 2011 by two Korean immigrants in Los Angeles, the brand has now grown to over 40 company-owned locations where guests serve as their own chefs, preparing meals on embedded grills in the center of each table. The extensive menu consists of traditional Korean and Korean-American food, including high-quality meats, poultry, seafood and mixed vegetables. With its unique culinary experience alongside its modern d\u00e9cor and lively atmosphere, GEN Korean BBQ delivers an engaging and interactive dining experience that appeals to a vast segment of the population. For more information, visit\u00a0GenKoreanBBQ.com<\/a>\u00a0and follow the brand on\u00a0Facebook<\/a>\u00a0and\u00a0Instagram<\/a>.<\/p>\n

\n Forward-Looking Statements<\/strong>
\n
This press release contains forward-looking statements. Forward-looking statements may be identified by the use of words such as \u201cbelieve,\u201d \u201cintend,\u201d \u201cexpect\u201d, \u201cwill,\u201d \u201cmay\u201d, and other similar words or expressions that predict or indicate future events. All statements that are not statements of historical fact are forward-looking statements, including any statements regarding our strategy, future operations, and growth prospects, any statements regarding future economic conditions or performance, any statements of belief or expectation, and any statements of assumptions underlying any of the foregoing or other future events. Forward-looking statements are based on current information available at the time the statements are made and on management\u2019s reasonable belief or expectations with respect to future events, and are subject to risks and uncertainties, many of which are beyond the Company\u2019s control, that could cause actual performance or results to differ materially from the belief or expectations expressed in or suggested by the forward-looking statements. Additional factors or events that could cause actual results to differ may also emerge from time to time, and it is not possible for the Company to predict all of them. Forward-looking statements speak only as of the date on which they are made, and the Company undertakes no obligation to update any forward-looking statement to reflect future events, developments or otherwise, except as may be required by applicable law. Investors are referred to the Company\u2019s Annual Report on Form 10-K for the year ended December 31, 2023, and in our subsequent filings with the Securities and Exchange Commission (\u201cSEC\u201d), which are available on the SEC\u2019s website at www.sec.gov, for additional information regarding the risks and uncertainties that may cause actual results to differ materially from those expressed in any forward-looking statement.<\/p>\n

\n Investor Relations Contact:<\/strong>
\n
Cody Slach and Cody Cree
Gateway Group, Inc.
1-949-574-3860
GENK@gateway-grp.com<\/a><\/p>\n

\n Media Relations Contact:<\/strong>
\n
Zach Kadletz
Gateway Group, Inc.
1-949-574-3860
GENK@gateway-grp.com<\/a><\/p>\n

\"\"
\n
\n \"\"\n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

Jae Chang Steps Down as Co-CEO and Remains Board Member; Chairman and Co-CEO David Kim Takes Over Chang\u2019s Day-to-Day Responsibilities as the Sole CEO CERRITOS, Calif., Jan. 14, 2025 (GLOBE NEWSWIRE) — GEN Restaurant Group, Inc. (\u201cGEN\u201d or the \u201cCompany\u201d) (Nasdaq: GENK), owner of GEN Korean BBQ, a fast-growing casual dining concept with an extensive menu and signature \u201cgrill at your table\u201d experience, today announced changes to its leadership structure. Co-Founder Jae Chang has stepped down as Co-CEO, effective January 8, 2025, but will remain on the Company\u2019s board. GEN\u2019s Chairman and Co-CEO David Kim will remain as Chairman and is now the sole CEO of the Company. Chang commented: \u201cIt has been a privilege to build GEN Korean BBQ … <\/p>\n

Continue reading “GEN Restaurant Group Announces Leadership Change”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-800538","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nGEN Restaurant Group Announces Leadership Change - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/gen-restaurant-group-announces-leadership-change\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GEN Restaurant Group Announces Leadership Change - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Jae Chang Steps Down as Co-CEO and Remains Board Member; Chairman and Co-CEO David Kim Takes Over Chang\u2019s Day-to-Day Responsibilities as the Sole CEO CERRITOS, Calif., Jan. 14, 2025 (GLOBE NEWSWIRE) — GEN Restaurant Group, Inc. (\u201cGEN\u201d or the \u201cCompany\u201d) (Nasdaq: GENK), owner of GEN Korean BBQ, a fast-growing casual dining concept with an extensive menu and signature \u201cgrill at your table\u201d experience, today announced changes to its leadership structure. Co-Founder Jae Chang has stepped down as Co-CEO, effective January 8, 2025, but will remain on the Company\u2019s board. GEN\u2019s Chairman and Co-CEO David Kim will remain as Chairman and is now the sole CEO of the Company. 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