StockWatch
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Department/Specialty Retail Stores
Management ChangeJun 16, 2026, 04:30 PM

Five Below Appoints Robert Lynch as Independent Director

AI Summary

Five Below, Inc. announced the immediate election of Robert Lynch as a new independent director to its Board of Directors, bringing the total board members to nine. Mr. Lynch, currently the CEO of Shake Shack, Inc., brings extensive experience in leading multi-unit consumer companies, having previously served as President and CEO of Papa John's International, Inc. and holding positions at Arby's, Taco Bell, H.J. Heinz Company, and Procter & Gamble. The company expects his expertise to be valuable in driving growth and executing long-term opportunities.

Key Highlights

  • Robert Lynch elected as a new independent director to Five Below's Board of Directors.
  • The appointment is effective immediately, increasing the Board to nine members.
  • Mr. Lynch currently serves as the Chief Executive Officer of Shake Shack, Inc.
  • He previously held roles as President and CEO of Papa John's International, Inc.
  • Mr. Lynch also served on the board of directors at Kontoor Brands, Inc. from March 2021 to April 2026.