Shake Shack has appointed retail veteran Christiane Pendarvis to its board of directors, effective July 2.
Pendarvis brings more than 25 years of experience across consumer brands, direct-to-consumer businesses and omnichannel retail. She is currently co-CEO of Pattern Beauty by Tracee Ellis Ross and previously served as co-president of Savage X Fenty, where she helped expand the brand into new product categories and into physical retail.
Her background also includes executive roles at Victoria’s Secret, Aerie, Old Navy, Minted and FullBeauty Brands. Shake Shack said her experience in retail merchandising, digital commerce, strategic planning and large-scale technology infrastructure will support its expansion plans.
The company did not announce any financial terms tied to the board appointment. As a result of these announcements, the company's shares have moved -0.19% on the market, and are now trading at a price of $58.22. For more information, read the company's full 8-K submission here.
