Twin Hospitality Group Inc. Appoints Andrew Wiederhorn as Chairman of the Board

Twin Hospitality Group (NASDAQ: TWNP) has appointed Andrew Wiederhorn as Chairman of the Board of Directors, effective immediately.

Rhea-AI Summary

Twin Hospitality Group (NASDAQ: TWNP) has appointed Andrew Wiederhorn as Chairman of the Board of Directors, effective immediately. The company, which owns Twin Peaks and Smokey Bones restaurant brands, was recently spun off from FAT Brands Inc. (NASDAQ: FAT).

Wiederhorn, who has served as FAT Brands' Chairman since 2023 and played a key role in the spin-off transaction, will now lead Twin Hospitality's board. The company focuses on developing and operating specialty casual dining restaurant concepts with the aim of redefining the casual dining category through experiential driven brands.

Positive

• Appointment of experienced leader with deep industry knowledge and familiarity with the business
• Strategic focus on streamlining operations and enhancing guest experience
• Recent successful spin-off from FAT Brands provides operational independence

Negative

• None.

Argus Aug 25 session

-0.83% close to close 0.8x rel. volume Open Argus

Details

News Market Reaction – TWNP

On Aug 25, the day this news came out, TWNP closed 0.83% below the previous close.

Data tracked by StockTitan Argus for the Aug 25 session.

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LOS ANGELES, Aug. 25, 2025 (GLOBE NEWSWIRE) -- Twin Hospitality Group Inc. (“Twin Hospitality”) (Nasdaq: TWNP), the parent company of Twin Peaks and Smokey Bones, today announces the appointment of Andrew (Andy) Wiederhorn as Chairman of the Board of Directors, effective immediately.

FAT Brands Inc. (NASDAQ: FAT) served as the parent company that executed the strategic spin-out of Twin Hospitality Group earlier this year, separating its Twin Peaks and Smokey Bones restaurant brands into Twin Hospitality Group Inc. Mr. Wiederhorn, the founder of FAT Brands and Chairman of the Board since 2023, played an integral role in the spin-out transaction.

“I am honored to serve as Chairman of Twin Hospitality Group during such an exciting time in the Company’s journey,” said Andy Wiederhorn, Chairman of Twin Hospitality Group. “The leadership team is executing with discipline by streamlining operations, enhancing the guest experience, and positioning the business for sustained growth. I am eager to collaborate with our leadership team and Board of Directors to drive strong returns for our shareholders.”

For more information on Twin Hospitality Group, visit https://ir.twinpeaksrestaurant.com/.

Twin Hospitality Group Inc.

Twin Hospitality Group Inc. is a restaurant company that strategically develops and operates specialty casual dining restaurant concepts with a goal to redefine the casual dining category with its experiential driven brands. For more information, visit https://ir.twinpeaksrestaurant.com/.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the timing and performance of new store openings. Forward-looking statements reflect the expectations of management concerning the future and are subject to significant business, economic and competitive risks, uncertainties, and contingencies. These factors are difficult to predict and beyond our control and could cause our actual results to differ materially from those expressed or implied in such forward-looking statements. We refer you to the documents that are filed from time to time by Twin Hospitality Group Inc. with the Securities and Exchange Commission, such as its Registration Statement on Form 10 and reports on Form 10-K, Form 10-Q and Form 8-K, for a discussion of these and other factors. We undertake no obligation to update any forward-looking statement to reflect events or circumstances occurring after the date of this press release.

Media Relations:
Erin Mandzik
emandzik@fatbrands.com
860-212-6509

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

Who is the new Chairman of Twin Hospitality Group (NASDAQ: TWNP)?

Andrew (Andy) Wiederhorn has been appointed as Chairman of Twin Hospitality Group's Board of Directors, effective immediately.

What companies are owned by Twin Hospitality Group (TWNP)?

Twin Hospitality Group owns two restaurant brands: Twin Peaks and Smokey Bones.

When did Twin Hospitality Group (TWNP) spin off from FAT Brands?

Twin Hospitality Group was spun off from FAT Brands (NASDAQ: FAT) earlier in 2025.

What is Twin Hospitality Group's (TWNP) business strategy?

Twin Hospitality Group focuses on developing and operating specialty casual dining restaurant concepts, aiming to redefine the casual dining category through experiential driven brands.

What was Andrew Wiederhorn's role before joining Twin Hospitality (TWNP)?

Andrew Wiederhorn is the founder of FAT Brands and has served as its Chairman of the Board since 2023. He played an integral role in the Twin Hospitality spin-off transaction.