Shannon R. Foust is a business industry and franchising veteran. After graduating from Virginia Tech with an accounting degree and spending a few years in public accounting, he spent 23 years in the hospitality industry. Shannon served as CEO/President of Damon’s Grill where he grew the chain to 150 units and was also a Shareholder and Director.
Other positions held by Shannon at Damon’s Grill included Chief Financial Officer, Vice President of Development and Senior Vice President of Franchise Operations. After selling Damon’s, Shannon then formed a new franchising company with the founders of Roosters Wings and doubled the size of the company in two years and signed development agreements for 39 units before selling his interest.
Shannon has been working in M&A for the last five years and is recognized as a trusted advisor with a talent for maximizing value for sellers while providing buyers with evidence and support for their ultimate purchase decision.
Shannon was the 2003 Winner of Ernst & Young Entrepreneur of the Year for Central Ohio. He is a former member of the Young Presidents Organization and is a current member of the Young Presidents Organization Gold.