Andy Wiederhorn is appointed CEO of Twin Hospitality Group; Roger Gondek becomes President of Twin Peaks Restaurant.
Quiver AI Summary
Twin Hospitality Group Inc. has announced the appointment of Andy Wiederhorn as its new Chief Executive Officer, effective immediately, after the termination of former CEO Kim Boerema. In conjunction with this change, Roger Gondek, the current Chief Operating Officer, will also take on the role of President of Twin Peaks Restaurant while continuing his COO duties. Wiederhorn, who previously served as Chairman of the Board since August 2025, aims to leverage his experience in promoting growth and operational excellence within the company. Gondek brings over 15 years of experience with Twin Peaks, including leadership roles with its largest franchisee. Both leaders are focused on enhancing business operations, improving guest experiences, and restructuring debt to secure the company’s long-term success.
Potential Positives
- Andy Wiederhorn's appointment as CEO reflects the company's effort to leverage his previous leadership experience and vision for sustained growth and operational excellence.
- Roger Gondek’s expanded role as President alongside his COO responsibilities signifies a strategic alignment of leadership to enhance operational efficiency and the guest experience.
- The leadership restructuring aims to streamline operations and minimize overhead, which may lead to improved financial stability and long-term success for the company.
Potential Negatives
- The abrupt termination of CEO Kim Boerema may raise concerns about internal instability and leadership issues within the company.
- The leadership restructuring and stress on minimizing overhead could suggest financial difficulties, prompting concerns over the company's overall financial health.
- The focus on restructuring debt indicates that the company may be experiencing significant financial challenges that could impact its long-term success.
FAQ
Who is the new CEO of Twin Hospitality Group Inc.?
Andy Wiederhorn has been appointed as the Chief Executive Officer of Twin Hospitality Group Inc.
What role will Roger Gondek have at Twin Peaks?
Roger Gondek will serve as President of Twin Peaks while continuing as Chief Operating Officer.
What experience does Andy Wiederhorn bring to his new position?
Wiederhorn has extensive experience, including serving as Chairman of the Board and leading the company's strategic growth initiatives.
How many locations does Twin Peaks have?
Twin Peaks currently operates 114 locations across the U.S. and Mexico.
What is the focus of Twin Hospitality Group Inc.?
The company aims to redefine casual dining through experiential-driven restaurant concepts and operational excellence.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$TWNP Insider Trading Activity
$TWNP insiders have traded $TWNP stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $TWNP stock by insiders over the last 6 months:
- KIM ALLEN BOEREMA (President and CEO) purchased 4,200 shares for an estimated $15,558
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
$TWNP Revenue
$TWNP had revenues of $82.3M in Q3 2025. This is a decrease of -1.61% from the same period in the prior year.
You can track TWNP financials on Quiver Quantitative's TWNP stock page.
$TWNP Hedge Fund Activity
We have seen 5 institutional investors add shares of $TWNP stock to their portfolio, and 12 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- QUBE RESEARCH & TECHNOLOGIES LTD removed 18,003 shares (-51.9%) from their portfolio in Q3 2025, for an estimated $73,923
- MILLENNIUM MANAGEMENT LLC removed 14,102 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $57,905
- NEUBERGER BERMAN GROUP LLC removed 12,146 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $49,873
- GOLDMAN SACHS GROUP INC removed 12,055 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $54,488
- CITADEL ADVISORS LLC added 10,409 shares (+92.5%) to their portfolio in Q3 2025, for an estimated $42,741
- OSAIC HOLDINGS, INC. added 5,310 shares (+inf%) to their portfolio in Q3 2025, for an estimated $21,803
- VANGUARD GROUP INC added 5,095 shares (+18.8%) to their portfolio in Q3 2025, for an estimated $20,921
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
Andy Wiederhorn Appointed Chief Executive Officer; Roger Gondek to Assume Twin Peaks President Role
DALLAS, Dec. 29, 2025 (GLOBE NEWSWIRE) -- Twin Hospitality Group Inc. (Nasdaq: TWNP), the parent company of Twin Peaks Restaurant , today announced the appointment of Andy Wiederhorn as Chief Executive Officer, effective immediately, following the termination of Chief Executive Officer Kim Boerema. Additionally, Roger Gondek, currently Chief Operating Officer of Twin Peaks Restaurant, will also assume the role of President of Twin Peaks Restaurant while continuing in his COO responsibilities.
Wiederhorn, who was integral in spinning out Twin Peaks and Smokey Bones into Twin Hospitality Group Inc., has served as Chairman of the Board since August 2025. In this role, he has worked closely with the leadership team to position the company for sustained growth and operational excellence. Gondek has served as Chief Operating Officer of Twin Peaks since 2017 and brings approximately 15 years of experience with the brand, including previous operations leadership roles with Twin Peaks’ largest franchisee.
“I’m pleased to take on the Chief Executive Officer role and continue to collaborate with Roger in his expanded capacity as President,” said Andy Wiederhorn, Chairman and Chief Executive Officer of Twin Hospitality Group . “We remain focused on driving key business initiatives forward, including streamlining operations and enhancing the guest experience. This leadership restructuring optimizes our resources while minimizing overhead, providing additional value as we work to restructure our debt and strengthen the company for long-term success.”
Twin Hospitality Group Inc.
Twin Hospitality Group Inc. is a restaurant company that strategically develops and operates specialty casual dining restaurant concepts with a goal to redefine the casual dining category with its experiential driven brands. For more information, visit
https://ir.twinpeaksrestaurant.com/
.
About Twin Peaks
Founded in 2005 in the Dallas suburb of Lewisville, Twin Peaks has 114 locations in the U.S. and Mexico. Twin Peaks is the ultimate sports lodge featuring made-from-scratch food and the coldest beer in the business, surrounded by scenic views and wall-to-wall TVs. At every Twin Peaks, guests are immediately welcomed by a friendly Twin Peaks Girl and served up a menu made for MVPs. From its smashed and seared-to-order burgers to its in-house smoked brisket and wings, guests can expect menu items that satisfy every appetite. To learn more about franchise opportunities, visit
twinpeaksfranchise.com
. For more information, visit
twinpeaksrestaurant.com
.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the company’s future operating performance. Forward-looking statements reflect the expectations of management concerning the future and are subject to significant business, economic and competitive risks, uncertainties, and contingencies. These factors are difficult to predict and beyond our control and could cause our actual results to differ materially from those expressed or implied in such forward-looking statements. We refer you to the documents that are filed from time to time by Twin Hospitality Group Inc. with the Securities and Exchange Commission, such as its reports on Form 10-K, Form 10-Q and Form 8-K, for a discussion of these and other factors. We undertake no obligation to update any forward-looking statement to reflect events or circumstances occurring after the date of this press release.
Investor Relations:
ICR
Michelle Michalski
[email protected]
Media Relations:
Erin Mandzik
[email protected]
860-212-6509
# # #