Who is the Chief Executive Officer of Angry Chickz who filed for bankruptcy?

According to the 2025 Angry Chickz Franchise Disclosure Document, David Mkhitaryan, the Chief Executive Officer and founder of Angry Chickz, filed for Chapter 7 Bankruptcy on August 29, 2019. The case, filed in the US Bankruptcy Court Central District of California (San Fernando Valley) with Case Number 1:19-bk-12181 vk, was discharged on December 9, 2019.

This disclosure is important for prospective franchisees as it provides transparency about the financial background of the company's leadership. While the bankruptcy was discharged, it may be prudent for potential franchisees to inquire about the circumstances surrounding the bankruptcy and what measures have been taken to ensure the financial stability of Angry Chickz.

Franchisors are legally obligated to disclose bankruptcy filings by their officers within a specific timeframe to ensure transparency. This information allows potential franchisees to assess the financial acumen and stability of the individuals leading the company before making a significant investment. Franchisees should consider this information, along with other aspects of the FDD, to make an informed decision.