Kitchen United a ghost kitchen industry leader, announced today the appointment of Michael Montagano as Chief Executive Officer and newest member of the Company’s Board of Directors following two years serving as Chief Financial Officer and Treasurer. Additionally, Joy Lai has been promoted to Chief Operating Officer from her previous position as Chief Marketing Officer.
“Over the past three years, we have built a solid foundation on which to grow. I am proud of what we accomplished in my years at Kitchen United, and can say without a doubt the Kitchen United team is the best that I’ve had the privilege to serve alongside. I know they will continue to achieve great success in the years ahead,” said former CEO Jim Collins who departed the company to focus on personal endeavors.
“Michael is well positioned to continue to build upon Kitchen United’s industry leadership and help restaurant partners achieve optimal success,” said David Krane, CEO and Managing Partner at GV. “He has been instrumental in growing the business and charting the course for the future, making him the ideal leader to advance the company into its next chapter of growth. Together with Joy, who has a deep understanding of consumer adoption and scaling businesses, we are confident the Kitchen United leadership team will achieve long-term success.”
Mr. Montagano joined Kitchen United as CFO in 2018, as an experienced executive with a proven track record of building and scaling venture-backed companies. He led capital formation initiatives for the company securing institutional financing partners including GV, Fidelity Investments, and G Squared, as well as strategic partners, RXR Realty, DivcoWest and Rich’s Food Products. Prior to Kitchen United, Mr. Montagano helped shepherd PowerFlex Systems from seed-stage to acquisition by a Fortune Global 100, Electricite de France (ENXTPA:EDF). He currently sits on the Board of Directors for Dog Haus World-Wide, one of the country’s fastest-growing national restaurant chains.
Mr. Montagano grew up in a restaurant family anchored by an Italian restaurant and neighborhood butchery founded by his grandparents. He received his MBA from University of Chicago’s Booth School of Business and his JD from Indiana University’s McKinney School of Law.
“I look forward to working closely with our exceptional senior leadership team and our entire board of directors,” Mr. Montagano said. “We believe strongly in the Company’s growth potential as we sharpen our focus on serving our clients and creating value for our stakeholders.”
In her new role as Chief Operating Officer, Ms. Lai oversees sales, marketing and operations at Kitchen United. She joined Kitchen United in 2019 bringing nearly two decades of experience driving growth for Enterprises and SMBs, including launching/scaling products, partnerships, and optimizing omni-channel strategies. She previously held strategic leadership roles at Internet Brands, The Wonderful Company and Bain & Company. Ms. Lai received a BS from the University of California, Berkeley, and a MS from Stanford University.
“Our team has built a burgeoning business by marrying deep experience in the industry with a passion for growing off-premise business