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Savory Fund names Clay Dover CEO and promotes Shauna Smith to Managing Director to drive growth of its 13 restaurant brands across 26 states.
Savory Fund has named Clay Dover CEO and promoted co-founder Shauna Smith to Managing Director as part of a leadership transition aimed at accelerating growth for its 13 portfolio brands across 26 states.
Dover, a veteran of Raising Cane’s, Velvet Taco, and Pei Wei, brings over 30 years of experience scaling restaurant chains.
Smith, who helped grow the firm’s portfolio to $515 million in annual revenue and 9,200 jobs by 2025, will now focus on long-term strategy.
The firm, which manages over $750 million in assets, invests in emerging brands like Swig, Mo’ Bettahs, and Houston TX Hot Chicken, emphasizing founder support and brand authenticity.
The move reflects Savory’s commitment to disciplined expansion and diversity in private equity.
Savory Fund nombra a Clay Dover CEO y promueve a Shauna Smith a Director Gerente para impulsar el crecimiento de sus 13 marcas de restaurantes en 26 estados.