Pincho Factory, the fast-growing Miami-based pincho and burger chain, on Wednesday named Jayson Tipp the company’s CEO, “effective immediately.”
Tipp came to the company just last April when the former Papa Murphy’s executive was named company president.
Tipp takes over for Nedal Ahmad, the company’s co-founder, who will become a company consultant and a Pincho Factory franchisee.
Otto Othman, the company’s chief marketing officer and co-founder, will also become Pincho Factory’s executive chairman.
The company said that Tipp will bring a wealth of skills to the job as CEO, including consumer analytics, market strategy and development.
In a statement, Ahmad called him “a seasoned executive with a broad range of experience leading teams in the restaurant industry” and “a critical thinker” who has played a major role in shaping the company in his short time with Pincho Factory.
“I am proud of the great brand already built by our team and the success we have built and will continue to build as a business,” Tipp said in a statement.
The 10-unit Pincho Factory, in addition to naming Tipp president, also signed a 10-unit franchise deal in Washington, D.C., and said it received a new round of investment capital from Exeter Capital Partners.