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Wingstop Inc. announces executive changes.

Wingstop promotes Michael Skipworth to president, COO

Mahesh Sadarangani resigns as chief operating officer; Alex Kaleida named CFO

Wingstop Inc. has promoted Michael Skipworth from chief financial officer to president and chief operating officer, the company said Friday.

The Dallas-based fast-casual brand said Skipworth succeeds Mahesh Sadarangani in the COO role. Sadarangani has resigned to become CEO at an unidentified private-equity-backed company, Wingstop said.

Wingstop named Alex Kaleida as chief Financial Officer. Michael succeeds Mahesh Sadarangani, the Company's COO who has resigned after being recruited to become CEO of a private equity-backed company.

"I'm thrilled to provide amazing growth opportunities within our organization for both Michael and Alex," said Charlie Morrison, Wingstop CEO and chairman, in a statement. “People are the foundation of our business, and I truly believe we have some of the most talented and brilliant minds in the industry. This enables us to promote from within, which equates to amazing opportunities and continued growth for our Wingstop team members."

Skipworth joined Wingstop in December 2014 before Wingstop was taken public.

Kaleida joined Wingstop in 2019 as vice president for financial planning and analysis and most recently led investor relations.

Wingstop, founded in 1994, has more than 1,600 company-owned and franchised locations globally. The company in June launched the virtual Thighstop brand.

Contact Ron Ruggless at [email protected]

Follow him on Twitter: @RonRuggless

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