FAT Brands CEO to Step Aside After Fraud, Money Laundering Probe - News Summed Up

FAT Brands CEO to Step Aside After Fraud, Money Laundering Probe


By Sabela OjeaFAT Brands Inc. said Monday that founder and Chief Executive Andy Wiederhorn will step aside, a year after the company said he was being investigated by the government. The Beverly Hills, Calif.-based multi-brand restaurant operator said Mr. Wiederhorn will remain as a board member of the group, but in a new role as an outside consultant and strategic advisor.


Source: Wall Street Journal March 07, 2023 02:44 UTC



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