First Watch Restaurant Group appoints Ashlee Weisser as CFO

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Key Highlights

First Watch Restaurant Group, Inc. has named Ashlee Weisser as its new Chief Financial Officer, effective June 8, 2026. Weisser, who joined the company in 2023 as Senior Vice President of Financial Planning and Analysis, succeeds Mel Hope. Hope, who is retiring, will remain with the organization as an Advisor to ensure a smooth transition. Weisser brings over 15 years of financial experience in the restaurant sector, including a previous CFO role at Maple Street Biscuit Company.

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First Watch Restaurant Group, Inc., the leading Daytime Dining concept serving breakfast, brunch, and lunch, has appointed Ashlee Weisser as its new Chief Financial Officer effective June 8, 2026. She succeeds Mel Hope, who announced his planned retirement earlier this year and will continue to serve in an Advisor role to support a seamless leadership transition. The appointment marks a significant step in the company's financial leadership continuity as it continues its growth trajectory.

Leadership Transition Details

Weisser joined First Watch in 2023 as Senior Vice President, Financial Planning and Analysis, bringing over 15 years of experience guiding financial strategy at national restaurant concepts. Before joining First Watch, she served as CFO at Maple Street Biscuit Company during its aggressive growth stage following its acquisition by Cracker Barrel. Her career also includes progressive finance roles at Bloomin' Brands, Red Robin, and Darden Restaurants.

The key details of the leadership change are outlined below:

Parameter Details
Incoming CFO Ashlee Weisser
Effective Date June 8, 2026
Outgoing CFO Mel Hope
Post-Transition Role Advisor (Mel Hope)
Reason for Transition Planned retirement of Mel Hope

Executive Commentary

Chris Tomasso, CEO and President of First Watch, highlighted Weisser's contributions since joining the company. "Throughout her time at First Watch, Ashlee has consistently demonstrated strong financial discipline, strategic insight and a results-driven mindset," said Tomasso. "She has strengthened our financial foundation, advanced key growth initiatives and built a high-performing team to support our continued growth and evolution."

Regarding the outgoing CFO, Tomasso expressed gratitude for Hope's service. "We are grateful for Mel's leadership and many contributions over the years including his significant role in our successful initial public offering, and we look forward to continuing to benefit from his experience and counsel as an Advisor in the months ahead," he added.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How will Weisser's experience with post-acquisition growth at Maple Street Biscuit Company influence First Watch's potential M&A strategy?

What specific financial targets or growth milestones does the company expect to achieve under Weisser's leadership in the next fiscal year?

Will the change in CFO lead to any shifts in capital allocation priorities, such as accelerated unit expansion or increased shareholder returns?

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