GEN Restaurant Group, Inc. Appoints David Park to its Board of Directors
July 25 2024 - 8:30AM
GEN Restaurant Group, Inc. (“GEN” or the “Company”) (Nasdaq: GENK),
owner of GEN Korean BBQ, a fast-growing casual dining concept with
an extensive menu and signature “grill at your table” experience,
has appointed David Park to the board of directors and to serve on
the audit committee of the board, effective July 24, 2024. With Mr.
Park’s addition, GEN has expanded the board to five total directors
with three serving independently.
Mr. Park brings to the board more than two
decades of experience in the capital markets and extensive M&A
experience. Currently, Mr. Park is the founder and chief investment
officer of Alpha Park Partners, a long-term oriented investment
fund based in New York. He has held a variety of senior roles
analyzing both public equity investments and private equity M&A
transactions for notable firms, including Archegos Capital, Tiger
Asia, Rockwood Capital, AEW Capital, and Maverick Capital, as well
as previously working in the investment banking division of Goldman
Sachs. Mr. Park holds an MBA from The Wharton School of the
University of Pennsylvania.
“I’m pleased to have Dave, a seasoned capital
markets practitioner with M&A experience, join GEN’s board of
directors,” said GEN’s Co-CEO and Chair of the Board David Kim. “As
we continue to navigate the capital markets as a public company and
execute upon our growth strategy to expand our footprint, we
believe Dave’s significant experience in both of these areas will
help guide our decision making. On behalf of our entire board, we
welcome Dave to the team.”
Mr. Park commented on his appointment, “GEN has
promising momentum on its side as the team looks to double the
Company’s footprint in the next two years and create durable
long-term value for shareholders. I have spent the majority of my
entire career analyzing public equity investments, and I believe my
expertise will be highly valuable to the board on this journey as a
public company. I’m excited to be joining the board at this unique
inflection point and look forward to providing my support as the
Company capitalizes on the significant growth opportunities
ahead.”
About GEN Restaurant Group,
Inc.GEN Korean BBQ is one of the
largest Asian casual dining restaurant concepts in the United
States. Founded in 2011 by two Korean immigrants in Los Angeles,
the brand has now grown to 40 company-owned locations where guests
serve as their own chefs, preparing meals on embedded grills in the
center of each table. The extensive menu consists of traditional
Korean and Korean-American food, including high-quality meats,
poultry, seafood and mixed vegetables. With its unique culinary
experience alongside its modern décor and lively atmosphere, GEN
Korean BBQ delivers an engaging and interactive dining experience
that appeals to a vast segment of the population. For more
information, visit GenKoreanBBQ.com and follow the brand
on Facebook and Instagram.
Investor Relations Contact:Cody
Slach and Cody CreeGateway Group,
Inc.1-949-574-3860GENK@gateway-grp.com
Media Relations Contact:Zach
Kadletz and Anna RutterGateway Group,
Inc.1-949-574-3860GENK@gateway-grp.com
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