SMOOTHIE KING HIRES NEW CFO TO SUPPORT FAST GROWTH
DALLAS (March 20, 2019) – Smoothie King, the world’s leading smoothie brand, has named Thomas Kim as its new chief financial officer on the heels of its biggest growth year ever.
Kim joins Smoothie King from Plano, Texas-based YourCause, a corporate social giving software technology company where he served as chief financial officer. He was responsible for planning, leading and executing finance, accounting and legal operations to grow the company rapidly.
Prior to YourCause, Kim served as the chief financial officer of Working Solutions, where he led all finance, accounting, business intelligence and corporate development initiatives. He also served in various roles in investment banking at Citigroup and MHT Partners, and management consulting at Boston Consulting Group.
“Tom has a strong track record as a strategic CFO for high-growth companies, which is a perfect fit for Smoothie King as we continue our rapid expansion,” said Smoothie King CEO Wan Kim (who is not related to Tom Kim). “Not only are we growing, we are also transitioning into a health and wellness brand with our ongoing focus on the Clean Blends initiative, and Tom’s strong financial leadership will ensure we remain well-positioned to continue leading the smoothie category.”
Smoothie King opened its 1,000thstore in 2018, making it the largest chain in the smoothie category based on number of locations. It also reported a more than 10 percent increase in U.S. systemwide sales as it continued rolling out its industry-leading Clean Blends innovation that makes smoothies more nutritious to support guests’ health and fitness journeys.
“As an executive who has worked with several fast-growing companies, I am invigorated by the challenge of joining Smoothie King at the most dynamic time in its long history,” said Tom Kim. “The team is incredibly committed to Smoothie King’s mission and has worked hard to grow it into the world’s leading smoothie brand, and I look forward to helping the company reach even greater heights.”
Kim holds an MBA from Harvard and a bachelor’s degree in economics from the U. S. Military Academy at West Point.