
Five Below, a value-focused retailer, has elected Robert Lynch, CEO of Shake Shack, as an independent director to its Board, increasing the board to nine members. Lynch brings extensive leadership experience from major consumer brands like Papa John’s and Arby’s, which is expected to support Five Below's growth and strategic initiatives. The appointment reflects Five Below's commitment to strengthening its brand and customer connections as it continues expanding its store footprint across the U.S.