FLANIGANS ENTERPRISES INC 8-K

What Happened Flanigan's Enterprises Inc. filed an 8-K reporting several executive departures and internal promotions. Key dates: August H. Bucci resigned as Chief Operating Officer effective December 31, 2025. On January 8, 2026, James G. Flanigan II stepped down as President and Chairman but remains CEO and a board member; Jeffrey D. Kastner resigned as CFO and became Chief Legal Officer and Chairman; Christopher O’Neil was named President; Allison Govoni was named Chief Financial Officer; and Peter Bruce was named Chief Operating Officer.

Key Details

• August H. Bucci resigned as COO effective Dec 31, 2025 but remains a Board member.
• Effective Jan 8, 2026: James G. Flanigan II remains CEO and Board member but gives up President and Chairman roles; Jeffrey D. Kastner becomes Chairman and newly created Chief Legal Officer while retaining General Counsel and Secretary roles and Board membership.
• New operating and finance appointments (all effective Jan 8, 2026): Christopher O’Neil named President (annual base salary $464,000); Allison Govoni named CFO (annual base salary $222,000); Peter Bruce named COO (annual base salary $272,000).
• Compensation notes: Mr. Flanigan’s and Mr. Kastner’s base salary and bonus arrangements remain unchanged and will continue to be periodically reviewed.

Why It Matters These changes reshuffle the company’s top management while keeping leadership largely internal and preserving continuity—CEO James Flanigan remains in place and several roles are filled by long-tenured employees (Govoni joined in 2007; Bruce joined in 2016). Investors should note the new CFO and COO appointments and the salary figures disclosed, as they affect executive responsibility and may influence near-term operational and financial oversight. The filing does not disclose changes to company strategy or to CEO/CFO compensation beyond the items noted.