Mike Montagano Explained

Michael Montagano
Birth Date:July 4, 1981
Alma Mater:MBA, University of Chicago
JD, Indiana University
Profession:Business Executive
Attorney
Spouse:Bethany Montagano
[m. 2006]
Residence:Pasadena, California
Chief Executive Officer
Children:Joey Montagano

Michael Anthony Montagano (born July 4, 1981) is an American business executive. He is the Chief Executive Officer and member of the board of directors of Dog Haus Worldwide,[1] an award-winning national restaurant chain in the United States.[2] [3] Additionally, he is the co-founder of Taco Social, a Los Angeles based restaurant group.[4] Previously, he was the Chief Executive Officer of Kitchen United Inc., a portfolio company of Google Ventures (GV), Fidelity Investments, Kroger, Circle K, and Restaurant Brands International.[5] [6] [7] Additionally, he was chief operating officer and chief financial officer for PowerFlex Systems, which was acquired by Fortune Global 100 company Electricite de France (ENXTPA:EDF).[8] Lastly, Montagano practiced M&A and corporate finance law for one of the world's 50 largest law firms, Faegre Drinker LLP (then Baker & Daniels, LLP). He earned his Master of Business Administration from the University of Chicago Booth School of Business, and Juris Doctor from Indiana University Robert H. McKinney School of Law.

Biography

Montagano is the Chief Executive Officer and a Member of the Board of Directors of Dog Haus World Wide, first joining the company in 2020. Dog Haus World Wide has approximately 150 locations within 24 states across its two brands Dog Haus (90 locations) and Bad Ass Breakfast Burritos (60 locations).[9] The company's foot print entails Biergarten-style restaurants as well as offering its cuisine to customers in stadiums and event venues across the country. Dog Haus continues to be recognized as one of the country's best restaurant brands, including being awarded the top franchise to buy by Franchise Times in 2022 and one of the country's fastest growing restaurant brands by Fast Casual in 2023.

Montagano is a seasoned executive with extensive experience raising institutional funding, scaling and achieving exits for venture and private equity-backed companies. His background with capital markets range from institutional equity (venture capital and private equity) and debt financings to liquidity events through M&A and IPOs. Recently, he shepherded PowerFlex Systems, a company founded at the California Institute of Technology, from seed-stage to acquisition by a Fortune Global 100, Electricite de France (ENXTPA:EDF). Steeped in the food-tech space, Montagano previously helped thousands of restaurants enhance their digital presence and online ordering capacity through an innovative venture-backed tech solution. Additionally, he is currently the co-founder and member of the Board of Directors for Taco Social, a Los Angeles based restaurant group.[10]

Prior to leading venture and private equity backed companies, Montagano practiced M&A and corporate finance law for one of the world's 50 largest law firms, Faegre Drinker LLP (then Baker & Daniels, LLP),[11] working primarily with large private equity firms. Before practicing law, he worked for the National Collegiate Athletic Association, Indiana Governor Joe Kernan, U.S. Congressman Tim Roemer and was the 2008 Democratic Nominee for Indiana’s Third Congressional District.[12]

He received his Masters of Business Administration from the University of Chicago Booth School of Business and his Juris Doctor from Indiana University Robert H. McKinney School of Law, where he was an executive editor of the law review and chief justice of the moot court society. Montagano was a 2005 recipient of the American Bar Association Award of Recognition for Excellence in Law. He earned his Bachelor of Arts degree from DePauw University, where he majored in economics. He also studied economics at the University of London.

Montagano grew up in a restaurant family, anchored by an Italian restaurant and a neighborhood grocery store and butchery founded by his grandparents. Montagano resides in Pasadena, California with his wife, Dr. Bethany Montagano, and son, Joey.

2008 election

At the age of 27, Montagano was the Democratic nominee for U.S. Congress in Indiana's 3rd congressional district (see map) in the 2008 U.S. Congressional elections. He was unable to unseat seven-term incumbent Representative Mark Souder, falling short by a margin of 43,384 votes. His campaign raised $854,429 in total contributions as one of the top funded challengers in the Country, but was outspent by Rep. Souder who raised $1,076,565.[13]

Despite the outcome, Montagano gave Congressman Souder his toughest challenge for re-election in fourteen years[14] in one of the Country’s most Republican Districts.[15] According to Cook Political Report, the district has a Partisan Voter Index (PVI) of R+18, indicating a generic Republican outperforms a generic Democrat 68% to 32% (18% above 50%), a 36-point republican advantage. President George W. Bush carried the district in 2004 with 68% of the vote.[16]

Montagano was considered by the Democratic Party to be one of the top 50 candidates in the Country, and was named to the Democratic Congressional Campaign Committee’s list of the top U.S. House of Representatives races in the Country, receiving Red-to-Blue designation.

He was endorsed and supported by U.S. Senator Evan Bayh, Indiana Governor Joe Kernan, a majority of Indiana’s Congressional Delegation (Congressmen Andre Carson, Pete Visclosky, Joe Donnelly, Baron Hill and Brad Ellsworth), and mayors in Indiana’s Third Congressional district (Mayors Tom Henry – Fort Wayne, Dick Moore - Elkhart, Alan Kauffman - Goshen, Dick Hickman - Angola, Jim Fleck - Columbia City, Steve Lueke – South Bend). He also generated the support of national politicians including, President Barack Obama, US House Speaker Nancy Pelosi, US House Majority Leader Steny Hoyer, and US House Majority Whip Jim Clyburn, and former Majority Whip and President of NYU John Brademas and over 100 other members of congress.[17] [18] He was also endorsed by Esquire Magazine.[19]

In the weeks before the election, state and national pundits predicted a very close finish, categorizing the race at “Toss Up” or “Leans Republican”,[20] with polls at: 44% (Montagano) to 41% (Souder), 45% (Souder) and 40% (Montagano), and 50% (Souder) to 41% (Montagano).[21] In the end, Montagano was unable to overcome the strong Republican tilt of the district, carrying only 40% of the vote, with Souder being reelected with 55%.

External links

Notes and References

  1. News: Kelso . Alicia . 2023-08-28 . Dog Haus names Michael Montagano to CEO role . National Restaurant News .
  2. News: Evergreen . Callie . 2022-02-24 . Dog Haus Wins Franchise Times Zor Award as Top Brand to Buy . Franchise Times .
  3. News: Fast Casual . 2023-05-21 . 2023 Fast Casual Top 100 Movers & Shakers . Fast Causal .
  4. News: Jennings . Lisa . 2023-09-23 . Taco/Social to debut in LA with seasoned investors from Blaze Pizza, Dog Haus and Gus's BBQ . Restaurant Business .
  5. Web site: Forbes . 2022-08-01 . After Securing $100 Million In Funding, Kitchen United Proves Ghost Kitchens Have Plenty Of Long-Term Potential . 2022-08-01 . www.forbes.com . Forbes . en.
  6. Web site: Kitchen United Names Michael Montagano CEO as Jim Collins Departs. 2020-10-08. QSR magazine. en.
  7. Web site: Kitchen United Appoints Michael Montagano Chief Executive Officer, Promotes Joy Lai to Chief Operating Officer. 2020-10-08. finance.yahoo.com. en-US.
  8. Web site: 2019-09-03. EDF Renewables acquires PowerFlex Systems to Accelerate Deployment of Large-Scale EV Infrastructure in the United States. 2020-10-06. EDF Renouvelables. en-US.
  9. Web site: Dog Haus . Dog Haus Official Website . 2023-11-18 . Dog Haus.
  10. Web site: Dog Haus. 2020-10-06. Restaurant Business. en.
  11. Web site: April 21. ALM Staff . AM. 2020 at 09:22. The 2020 Am Law 100: Ranked by Gross Revenue. 2020-10-06. The American Lawyer. en.
  12. Web site: 2008-11-27. Montagano for Congress. 2020-10-06. https://web.archive.org/web/20081127171348/http://montaganoforcongress.com/. 2008-11-27.
  13. Web site: House Candidates -- IN District : 03. 2008 House and Senate Campaign Finance. Federal Election Commission. 19 October 2012. https://web.archive.org/web/20090118060825/http://fec.gov/DisclosureSearch/HSRefreshCandList.do?category=disH&stateName=IN&congressId=03. 18 January 2009. 2008.
  14. News: Weinhold. Josh. October 27, 2008. After Several Easy Reelections Wins, Souder's Got a Live One. The Elkhart Truth.
  15. Web site: 2008 House Race ratings The Cook Political Report. 2020-10-06. The Cook Political Report. en.
  16. Web site: Toeplitz. Shira. October 1, 2008. Indiana: Souder Challenger Joins DCCCs Red to Blue. 2020-10-06. Roll Call. en.
  17. Web site: Home. 2020-10-06. FEC.gov. en.
  18. News: Weinhold. Josh. September 18, 2008. US Congressional Candidate Mike Montagano Picked Up Endorsements. The Elkhart Truth.
  19. Web site: 2008-10-16. Election 2008: Who People in Indiana Should Vote For. 2020-10-06. Esquire. en-US.
  20. Web site: Howey. Brian. November 3, 2008. HPI's Final Pre-Election Forecast. 2020-10-06. howeypolitics.com.
  21. Web site: RealClearPolitics - Politics Nation - IN 03: Scaring Souder. 2020-10-06. www.realclearpolitics.com.