Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Doug Jacob
On November 10, 2020, Doug Jacob ("Mr. Jacob") resigned his position as Co-Chief
Executive Officer and as a Class III member of the Board of Directors (the
"Board") of FAST Acquisition Corp. (the "Company").
Michael Lastoria
On November 11, 2020, the Board appointed Michael Lastoria ("Mr. Lastoria") as a
Class III member of the Board, filling the Board seat vacated by Mr. Jacob.
Michael Lastoria, age 40, is a dynamic entrepreneur with a track record of
founding, scaling and exiting a variety of businesses. In 2002, at the age of
22, Mr. Lastoria founded his first company, Innovation Ads, an advertising,
technology and marketing services firm, as his first job out of college in New
York City. In four years, as Founding Chief Executive Officer, he oversaw the
rapid growth of the company and its sale to Seaport Capital, a New York-based
private equity firm, in 2006. Lastoria remained the company's Chief Executive
Officer from 2006 to 2009. In October 2012, Mr. Lastoria co-founded &pizza,
where he currently serves as Chief Executive Officer. At &pizza, Mr. Lastoria
has raised over $80 million of investment capital and has expanded the
purpose-driven chain to 38 locations in six markets. In addition to &pizza, Mr.
Lastoria cofounded JWALK in 2010, which sold to beauty powerhouse Sheiseido in
2017. Mr. Lastoria is a recognized startup leader and vocal advocate in the
fight to raise minimum wage to $15.00 an hour, believing that every employee
should not only survive, but thrive. He speaks regularly on the value of design
thinking, innovation and entrepreneurship. Mr. Lastoria was listed in QSR's 2019
Readers' Choice Awards as a Most Admired Fast-Casual Leader, on Nation's
Restaurant News' Annual Power List in 2018 and 2019 and on Fast Casual's Movers
and Shakers List in 2018 and 2019. Mr. Lastoria was named one of the Washington
Business Journal's "40 Under 40." In 2017, he was awarded the Mort Harris Small
Business person of the year by the Small Business Council of America. Michael
Lastoria graduated with a B.A. in Economics and Business from Westmont College
in Santa Barbara, California.
There is no arrangement or understanding between Mr. Lastoria and any other
person pursuant to which he was appointed as a director of the Company, and
there are no related party transactions in which Mr. Lastoria has an interest
requiring disclosure pursuant to Item 404(a) of Regulation S-K promulgated under
the Exchange Act of 1934, as amended. In addition, there is no family
relationship between Mr. Lastoria and any of the Company's directors or other
executive officers.
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