Business: Shake Shack owns, operates and licenses Shake Shack restaurants, which offer hamburgers, chicken, hot dogs, crinkle-cut fries, shakes, frozen custard, beer, wine and other products.
Shake Shack entered a cooperation agreement with Engaged.
Over the past 20 years, he and his team have developed one of the greatest casual hamburger chain restaurants in the country, Shake Shack.
They took Shake Shack public in 2015 with 63 restaurants and have expanded to 436 restaurants in eight years.
As a public company, Shake Shack has significantly underperformed both the market and its peers.