FAT Brands Inc. has announced new compensation terms for three of its top executives—Chief Financial Officer Kenneth Kuick, Chief Operating Officer Thayer Wiederhorn, and Chief Development Officer Taylor Wiederhorn. Under new agreements signed on December 31, 2025, each executive has agreed to waive previously granted but unpaid bonuses for fiscal year 2024. Instead, they received 50% of those amounts as retention bonuses, with Kuick receiving $500,000 and both Thayer and Taylor Wiederhorn receiving $550,000 each, paid on January 2, 2026. Additionally, the base salaries for each executive have been increased from $550,000 to $950,000 effective January 1, 2026. The retention of these bonuses and salary increases is contingent on the executives remaining with the company until at least June 30, 2026, or certain bankruptcy-related events. If an executive leaves voluntarily or is terminated for cause before that time, repayment of received amounts is required.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FAT Brands Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-000827), on January 07, 2026, and is solely responsible for the information contained therein.