Shake Shack Inc. shares fell 3% late Thursday after news Chief Financial Officer Jeff Uttz will retire this year. In the same statement, the fast-casual chain named Zach Koff its first chief operating officer. Uttz will remain CFO until March so to complete the 2016 reporting period, and the company has started the search for his replacement. Koff has been with the company since 2010, in roles that included senior VP of operations. Shares of Shake Shack had ended the regular trading day up 1.8%.
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