Chief Future Officer: Katie Fogertey, Shake Shack
Bloomberg Surveillance
Bloomberg
3.8 • 1.2K Ratings
🗓️ 15 September 2022
⏱️ 24 minutes
🧾️ Download transcript
Summary
Chief Financial Officers now play a critical role in shaping corporate strategy and positioning organizations to meet future challenges. Bloomberg's monthly program, Chief Future Officer, profiles these leaders and explores the impact they're making on their companies and industries. This episode, hosted by Matt Miller, focuses on Shake Shack CFO Katie Fogertey. Fogertey was Goldman Sachs' lead analyst covering the restaurant sector before leaving Wall Street in 2021 to join the fast casual dining chain -- and she's helping lead the company through a period of rapid change.
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Transcript
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| 0:00.0 | What do you see on the horizon for financial markets? |
| 0:04.0 | From uncertainty to opportunity |
| 0:07.0 | PGM can help you rise to the challenges of today. |
| 0:10.0 | When disciplined risk management is needed most. |
| 0:14.0 | With $1.2 trillion in AUM |
| 0:17.0 | and deep expertise across asset classes |
| 0:20.0 | our investments shape tomorrow today. |
| 0:23.0 | pursue your tomorrow with PGM |
| 0:26.0 | a leading global asset manager. |
| 0:30.0 | In 2021, Shake Shack was looking to hire a new chief financial officer. |
| 0:37.0 | The fast casual restaurant chain found the perfect candidate in an unexpected place. |
| 0:42.0 | Wall Street. |
| 0:44.0 | I had worked at Goldman Sachs for about 16 years. |
| 0:47.0 | I was covering the restaurant sector. |
| 0:49.0 | Katie and I worked together for a long time. |
| 0:51.0 | She was an analyst covering our stock. |
| 0:53.0 | The day that I knew I was looking for a new CFO. |
| 0:56.0 | The day that I announced it, I went to our recruiter and I said, |
| 0:59.0 | what about Katie Fogherty? |
| 1:01.0 | I remember working with her. |
| 1:02.0 | You think she might be interested in this? |
| 1:04.0 | That same day she had heard about it and went to her family and said, |
... |
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