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Smashburger Appoints New CEO

FBR Staff Writer Published 08 March 2010

Smashburger has selected David Prokupek, its chairman, to also serve as chief executive officer. The company has also expanded its board by adding three new members who will provide strategic direction and guidance as the burger chain accelerates its growth and reaches more than 100 stores in 2010.

In addition to his role as Smashburger chairman and CEO, Mr Prokupek serves as managing partner and chief investment officer at Consumer Capital Partners (CCP), a private investment firm focusing on consumer brands and services and Smashburger’s primary investor to date.

He has around 20 years of experience as a CEO, entrepreneur and investment manager. He has spent his career in building, financing, and advising high-growth businesses in the consumer, retailing, and financial industries.

The new board members include: Mike Fries, president and chief executive officer of Liberty Global; Steve Schiffman, president and general manager of National Geographic Channel; and Brian Rainey, president of Epsilon Targeting.

David Prokupek, chairman and CEO of Smashburger, said: “The members of our board have incredible experience building dynamic brands like Smashburger. The board’s stewardship will help guide Smashburger through a period of unprecedented growth and establish it as one of America’s great new brands.”

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