Industry News | July 20, 2017

Good Times Hires Ryan Zink as New CFO

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Good Times Restaurants Inc., owner of Good Times Burgers & Frozen Custard, a regional quick-service restaurant chain focused on fresh, high quality, all natural products, and of Bad Daddy’s Burger Bar, a full service, upscale concept, today announced the resignation of Jim Zielke as Chief Financial Officer and the hiring of Ryan Zink as its new Chief Financial Officer. Zielke’s resignation as Chief Financial Officer will take effect on July 31, 2017; however, Zielke will continue as an employee of the company through August 31, 2017 to facilitate his successor’s transition into the role.

Zielke submitted his formal resignation as a result of an ownership opportunity in a privately held restaurant company. The company has had prior discussions with Zink, who worked extensively with Zielke while at F&H Acquisition Corp, and they will have approximately one month of working together for a transition prior to Zielke’s departure.

Prior to his appointment as Chief Financial Officer, Zink, 38, was the Corporate Finance Director and Reporting Leader, and previously Operations Controller for INVISTA, a wholly owned subsidiary of Koch Industries, Inc., positions he has held since March 2014. From January 2000 to March 2014, he served in various capacities with F&H Acquisition Corp., parent of the Fox and Hound, and Champps restaurant brands, including Senior Vice President of Finance, and Chief Operating Officer for its Champps concept. Prior to his service with F&H, Zink worked for KPMG, LLP.

“We appreciate all of the hard work and contributions that Jim has made on behalf of the Company over the last two plus years and we wish him well in his new venture. Ryan came highly recommended, not only by Jim but by others that have worked with him inside and outside the restaurant industry for his intellect, work ethic, financial sophistication and experience. He brings the same great combination of internal financial skills and ability to communicate with the financial community as Jim, but also more experience in other roles managing a restaurant company in the public markets,” says Boyd Hoback, president & CEO. “He has extensive experience in the IT, marketing and operating arenas with considerable depth in financial planning, analysis and forecasting. We expect that Ryan will be able to continue to improve on our strong foundation of systems to support our significant expansion plans and help to improve our operating margins by working closely with our operations teams for both brands.”

About Good Times Restaurants Inc.: Good Times Restaurants Inc. (GTIM) operates Good Times Burgers & Frozen Custard, a regional chain of quick service restaurants located primarily in Colorado, in its wholly owned subsidiary, Good Times Drive Thru Inc. Good Times provides a menu of high quality all natural hamburgers, 100 percent all natural chicken tenderloins, fresh frozen custard, natural cut fries, fresh lemonades and other unique offerings. Good Times currently operates and franchises a total of 38 restaurants.

GTIM owns, operates and licenses twenty-three Bad Daddy’s Burger Bar restaurants. Bad Daddy’s Burger Bar is a full service, upscale, “small box” restaurant concept featuring a chef driven menu of gourmet signature burgers, chopped salads, appetizers and sandwiches with a full bar and a focus on a selection of craft microbrew beers in a high-energy atmosphere that appeals to a broad consumer base.

News and information presented in this release has not been corroborated by QSR, Food News Media, or Journalistic, Inc.