What Is Kat Cole’s Net Worth?
Kat Cole is an American businesswoman who has a net worth of $100 million. Kat Cole is the previous COO and President of Focus Brands and former President of the Focus Brands subsidiary Cinnabon. Cole beforehand served as govt vp of Hooters.
Kat began off working as a Hooters hostess and was chosen to coach new house owners and staff on the first Hooters in Australia. At 26 years outdated, she turned Vice President of Training and Development for the corporate.
Cole turned president of Cinnabon in 2011 and helped the corporate associate with eating places resembling Burger King and Taco Bell. She was featured on the present “Undercover Boss” in 2012 and was the youngest CEO to seem at 34. Kat was acknowledged on “Fortune Magazine’s” 2013 “40 underneath 40” record. In late 2021, Cole was named President and COO of Athletic Greens.
Early Life
Kat Cole was born Katrina Cole on March 18, 1978, in Jacksonville, Florida. Cole’s dad and mom divorced when she was 9 years outdated, and her mom raised Kat and her two youthful sisters as a single mom. As a teen, Cole labored at The Body Shop earlier than taking a job as a hostess at Hooters. Kat earned an MBA from Georgia State University in 2010. She had beforehand enrolled on the University of North Florida to review engineering, however she dropped out after Hooters started providing her international alternatives. In order to have the ability to apply at Georgia State, Cole was required to take the GMAT and participate in additional interviews. Kat additionally requested for letters of suggestions from a number of CEOs, together with Ted Turner.
Hooters
During her first yr at Hooters, Cole labored in almost all the restaurant’s positions, together with cook dinner and supervisor. After her supervisor advisable her as one of the best worker of the Jacksonville franchise, Kat was despatched to Sydney, the place she educated the brand new house owners and staff at Australia’s first Hooters restaurant. She then traveled to different worldwide areas to coach staff.
At the age of 26, Cole was named vp of coaching and improvement at Hooters, and she or he oversaw the chain’s enlargement from round 100 locations to 500 locations and from $300 million in revenue to $1 billion.
Cinnabon
Kat was employed by Cinnabon Inc. in November 2010, and she or he turned the corporate’s president two months later. During her first three years at Cinnabon, Cole expanded the corporate by 200 bakeries and created partnerships with a number of eating places and grocery shops. In 2013, Cinnabon’s gross sales had been an estimated $1 billion. During a 2012 episode of “Undercover Boss,” Kat anonymously labored in a few of Cinnabon’s manufacturing and retail roles. In 2015, she was named group president of Focus Brands, which owns Cinnabon, Auntie Anne’s, and Moe’s Southwest Grill.
In December 2021, Cole turned the COO and President of the vitamin firm Athletic Greens. The firm’s founder, Chris Ashenden, stated of the choice to rent Cole, “Kat is a world-class chief, skilled progress govt and all-around particular human. We are thrilled to have her be a part of Athletic Greens as our enterprise is experiencing excellent progress and the worldwide alternative for easy, efficient day by day vitamin options continues to widen. Kat’s observe document of constructing nice companies, main groups, innovating, and strengthening manufacturers will energy Athletic Greens to develop and deepen relationships with our devoted international neighborhood of AG1 prospects.”
Paul Morigi/Getty Images
Personal Life
Kat met Daley Ervin at a Baltimore social impression occasion, they usually turned engaged in 2015. Cole and Ervin married at Burning Man in 2016, and Kat stated of the marriage, “To have so many individuals there, actually subsequent to us whereas we learn our vows to one another was probably the most magical experiences of my life. Everyone wasn’t merely witnessing our marriage ceremony however really collaborating in it which felt so particular.” The couple has two youngsters, son Ocean and daughter Arrow. Cole has been concerned with charitable efforts resembling mentoring entrepreneurs and younger girls and dealing for sustainable improvement in Africa. She has been a member of the board of administrators of the Women’s Foodservice Forum, and she or he has served as a chair of the Georgia Restaurant Association’s govt committee and the National Restaurant Association Education Foundation’s Certification Governing Board.
Awards
In 2007, Cole was named Volunteer of the Year by the Women’s Foodservice Forum, and the next yr, she acquired the Elliot Leadership Institute’s Motivator of the Year award. In 2010, she was honored with the Georgia Restaurant Association’s Crystal of Excellence (GRACE) Award.
All web worths are calculated utilizing knowledge drawn from public sources. When supplied, we additionally incorporate non-public suggestions and suggestions acquired from the celebrities or their representatives. While we work diligently to make sure that our numbers are as correct as doable, except in any other case indicated they’re solely estimates. We welcome all corrections and suggestions utilizing the button beneath.
