Leadership

Former Shake Shack executive named Kura Sushi CFO

Jeff Uttz, who also worked with Yard House, will oversee finance for the revolving sushi chain.
Kura Sushi cfo
Kura Sushi named a former Shake Shack and Yard House executive its new CFO. / Photograph: Shutterstock.

Jeff Uttz, the former Yard House and Shake Shack executive, was named chief financial officer of Kura Sushi USA on Monday.

Uttz took the position effective on Monday. The 53-year-old will oversee finance for the 40-unit chain of revolving sushi restaurants.

Uttz was most recently the CFO with Shake Shack, which he helped to take public in 2015. Before that he was the CFO with the casual dining chain Yard House, where he worked for 12 years.

Uttz “is an accomplished restaurant finance executive and a highly respected individual within the investment community,” Hajime Uba, CEO of Kura Sushi, said in a statement. He noted Uttz’s “demonstrated financial leadership and strategic planning skills designed to build strong restaurant brands.”

Uttz will take over financial leadership for a fast-growing chain that uses conveyor belts to deliver sushi to its customers. System sales rose 44% last year to $65 million in the U.S. The company’s stock is down 3% this year, which makes it among the better performers among restaurants on Wall Street.

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Financing

Despite their complaints, customers keep flocking to Chipotle

The Bottom Line: The chain continued to be a juggernaut last quarter, with strong sales and traffic growth, despite frequent social media complaints about shrinkflation or other challenges.

Operations

Hitting resistance elsewhere, ghost kitchens and virtual concepts find a happy home in family dining

Reality Check: Old-guard chains are finding the alternative operations to be persistently effective side hustles.

Financing

The Tijuana Flats bankruptcy highlights the dangers of menu miscues

The Bottom Line: The fast-casual chain’s problems following new menu debuts in 2021 and 2022 show that adding new items isn’t always the right idea.

Trending

More from our partners