CAVA · CAVA Group, Inc.

Karen Kochevar’s retirement marks the planned conclusion of a decade-long tenure on CAVA’s Board, spanning a critical phase in the company’s evolution—including its transition from a privately held entity to a publicly traded company. Her departure is explicitly described as voluntary and aligned with the Board’s succession planning, with no indication of performance concerns or governance friction. As a long-standing director, her contributions are noted in the press release as significant during a period of ‘substantial growth and development,’ and CEO Brett Schulman highlighted her guidance amid ‘tremendous growth and change.’ While director transitions are routine governance events, the duration and timing of Ms. Kochevar’s service—coinciding with CAVA’s public listing and scaling phase—lends moderate significance to this change, particularly for investors assessing board continuity and institutional memory ahead of strategic inflection points.