Scott Crane is stepping down as CEO of Smashburger, the company confirmed Tuesday.
A replacement has not yet been named, according to an email statement from the company to Nation’s Restaurant News, but Smashburger’s board of managers is expected to make an announcement in seven to 10 days. In the meantime, remaining Smashburger executives will take over Crane’s responsibilities.
“On behalf of Smashburger’s board of managers and team, I would like to thank Scott for the outstanding leadership he has provided the company during his tenure as CEO,” Rick Schaden, Smashburger co-founder and chairman, said in a statement. “With his vision, efforts and constructive attitude, we formed a strong partnership, helping Smashburger accomplish a number of extraordinary feats over the last several years."
Schaden told franchisees in an email late last week that Crane had decided to leave the company.
“As this chapter of Smashburger closes, our leadership team stands ready to take the brand to new heights and the future remains bright,” Schaden said in the email, which was obtained by Nation’s Restaurant News.
Crane’s departure comes less than three years after he was elevated to the CEO role following the resignation of Dave Prokupek. Crane has been with the company since 2007, when the fast-casual burger chain had just two locations.
The departure comes six months after Philippines-based quick-service operator Jollibee Foods Corp. acquired a 40-percent stake in Smashburger.
Smashburger was founded in 2007, and has more than 350 locations.