
Karen Kochevar has informed the Company that she will retire from the Board upon the expiration of her current term and will not stand for re-election at the 2026 Annual Meeting.


Ms. Kochevar&#39;s decision is consistent

<p xmlns="http://www.w3.org/1999/xhtml">
Karen Kochevar has informed the Company that she will retire from the Board upon the expiration of her current term and will not stand for re-election at the 2026 Annual Meeting.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Ms. Kochevar's decision is consistent with the Board's ongoing succession planning process and reflects her intention to conclude ten years of service on the board, including service during the Company's transition from a privately held company to a publicly traded company. Ms. Kochevar has been a valued member of the Board and has made significant contributions to the Company during a period of substantial growth and development.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Brett Schulman, Co-Founder and CEO, stated, &#34;We thank Karen for her long service on our Board and her guidance during a period of tremendous growth and change. We are profoundly grateful for Karen&#39;s service and her contributions over the years.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About CAVA Group:</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
CAVA is the category-deﬁning Mediterranean fast-casual restaurant brand, bringing together healthful food and bold, satisfying ﬂavors at scale. Our brand and our opportunity transcend the Mediterranean category to compete in the large and growing limited-service restaurant sector as well as the health and wellness food category. CAVA serves guests across age groups, genders, and income brackets and beneﬁts from generational tailwinds created by consumer demand for healthy living and a demographic shift towards greater ethnic diversity. We meet consumers' desires to engage with convenient, authentic, purpose-driven brands that view food as a source of self-expression. The broad appeal of our food combined with these favorable industry trends drive our vast opportunity for continued growth.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260421165265r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260421165265/en/" rel="nofollow">https://www.businesswire.com/news/home/20260421165265/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Media Contact: <span xmlns="http://www.w3.org/1999/xhtml" class="bwuline"><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:cava@media.com" shape="rect">cava@media.com</a></span>

</p>

CAVA

CAVA Announces the Retirement of Karen Kochevar from the Board

CAVA Board Member's Retirement Signals Transition and Leadership Continuity

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>Karen Kochevar has informed the Company that she will retire from the Board upon the expiration of her current term and will not stand for re-election at the 2026 Annual Meeting.


Ms. Kochevar&amp;#39;s decision is consistent</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Karen Kochevar&#039;s announced retirement from CAVA&#039;s Board upon completing her term in 2026 reflects ongoing succession planning amidst considerable company growth. This leadership transition, alongside strong consumer demand for healthful food options, may foster continued momentum in CAVA&#039;s market position.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>Karen Kochevar to retire from CAVA&#039;s Board in 2026.</li><li>Her tenure included significant company growth and transition to public.</li><li>CEO Brett Schulman acknowledges Kochevar&#039;s contributions and guidance.</li><li>CAVA position as a Mediterranean fast-casual leader remains strong.</li><li>Focus on healthful food supports growth trends in the industry.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>CAVA Group (CAVA)</strong>: CAVA&#039;s growth and market strategies remain strong amidst leadership changes.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This news falls under Corporate Developments due to the Board member&#039;s retirement, which is significant in maintaining effective governance and strategic continuity during a period of growth.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>Kochevar&#039;s retirement may affect investor perceptions of leadership stability.</li><li>CAVA continues to capitalize on growing demand for health-conscious dining.</li><li>Succession planning could ensure smooth transitions and sustained operational growth.</li><li>Positive industry trends support CAVA&#039;s expansion in the fast-casual sector.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Karen Kochevar will retire post-2026 Annual Meeting.</li><li>Kochevar served on the Board for ten years.</li><li>CAVA identifies itself as a leader in the Mediterranean fast-casual market.</li><li>Demand for healthful food is driving the category&#039;s growth.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>CAVA remains a strong buy as leadership transitions align with growth potential over the next 1-2 years.</p>
  </section>
</section>


<p xmlns="http://www.w3.org/1999/xhtml">
Karen Kochevar has informed the Company that she will retire from the Board upon the expiration of her current term and will not stand for re-election at the 2026 Annual Meeting.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Ms. Kochevar's decision is consistent with the Board's ongoing succession planning process and reflects her intention to conclude ten years of service on the board, including service during the Company's transition from a privately held company to a publicly traded company. Ms. Kochevar has been a valued member of the Board and has made significant contributions to the Company during a period of substantial growth and development.

</p><p xmlns="http://www.w3.org/1999/xhtml">
Brett Schulman, Co-Founder and CEO, stated, &#34;We thank Karen for her long service on our Board and her guidance during a period of tremendous growth and change. We are profoundly grateful for Karen&#39;s service and her contributions over the years.&#34;

</p><p xmlns="http://www.w3.org/1999/xhtml">
<b xmlns="http://www.w3.org/1999/xhtml">About CAVA Group:</b>

</p><p xmlns="http://www.w3.org/1999/xhtml">
CAVA is the category-deﬁning Mediterranean fast-casual restaurant brand, bringing together healthful food and bold, satisfying ﬂavors at scale. Our brand and our opportunity transcend the Mediterranean category to compete in the large and growing limited-service restaurant sector as well as the health and wellness food category. CAVA serves guests across age groups, genders, and income brackets and beneﬁts from generational tailwinds created by consumer demand for healthy living and a demographic shift towards greater ethnic diversity. We meet consumers' desires to engage with convenient, authentic, purpose-driven brands that view food as a source of self-expression. The broad appeal of our food combined with these favorable industry trends drive our vast opportunity for continued growth.

</p><p xmlns="http://www.w3.org/1999/xhtml"><img xmlns="http://www.w3.org/1999/xhtml" alt="" src="https://cts.businesswire.com/ct/CT?id=bwnews&amp;sty=20260421165265r1&amp;sid=benz2&amp;distro=nx&amp;lang=en" style="width:0;height:0"></img><span xmlns="http://www.w3.org/1999/xhtml" class="bwct31415"></span></p><p xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink"><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-phrase">View source version on businesswire.com: </span><span xmlns="http://www.w3.org/1999/xhtml" id="mmgallerylink-link"><a xmlns="http://www.w3.org/1999/xhtml" href="https://www.businesswire.com/news/home/20260421165265/en/" rel="nofollow">https://www.businesswire.com/news/home/20260421165265/en/</a></span></p><p xmlns="http://www.w3.org/1999/xhtml">
Media Contact: <span xmlns="http://www.w3.org/1999/xhtml" class="bwuline"><a xmlns="http://www.w3.org/1999/xhtml" rel="nofollow" href="mailto:cava@media.com" shape="rect">cava@media.com</a></span>

</p>

Karen Kochevar's announced retirement from CAVA's Board upon completing her term in 2026 reflects ongoing succession planning amidst considerable company growth. This leadership transition, alongside strong consumer demand for healthful food options, may foster continued momentum in CAVA's market position.

CAVA Announces the Retirement of Karen Kochevar from the Board

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News