- USHG Acquisition Corp HUGS has appointed Chip Wade, current President & Chief Operation Officer (COO), as its Chief Executive Officer, effective September 6, 2022. Wade will also join the Board of Directors.
- Danny Meyer, Founder and current CEO, will continue as Executive Chairman of USHG.
- Wade, who joined USHG as President and COO in May of 2019, has about thirty years of experience in the hospitality industry.
- Chip earned his culinary degree from Johnson & Wales University, his B.S. from Widener University, and his M.B.A. from The University of Texas at Dallas.
- Price Action: HUGS shares are trading flat at $9.83 on the last check Monday.
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