Shauna K. Smith

Managing Director @ Savory Fund

About

As Managing Director and co-founder of Savory, Shauna is an accomplished executive leader with more than 15 years of experience at the helm of Food & Beverage organizations. Shauna has been integral in developing, acquiring, and operating over 530 restaurants across a dozen states since 2008. Cumulatively, these establishments have raked in sales north of $3 billion, offering employment opportunities to over 40,000 individuals. Her primary focus is elevating operational efficiencies and accelerating revenue growth across the various brands in the Savory portfolio. With an operational depth supported by a 70-person value-add team, she directly supervises the senior leaders of each portfolio company to ensure both strategic and tactical objectives are met. This remarkable growth trajectory earned the firm multiple accolades, including back-to-back fast-growth awards from Restaurant Monitor, as well as eight appearances on Inc. Magazine’s prestigious Inc. 500 list — a testament to its rapid expansion and success. Beyond her organizational achievements, Shauna herself has been the recipient of several distinguished industry awards. She was featured on the cover of Franchise Times in both November 2018 and May 2023 and was honored by Utah Business Magazine as one of the “30 Women to Watch” in 2019. Furthermore, she received the prestigious CXO of the Year award in 2020, and the CEO of the Year award in 2022 by Utah Business.

Country

United States

City

Draper

Industry

Restaurants

Skill

Investment Management, Director level, Portfolio Management, Operating Budgets, portfolio value, Customer Service, Marketing, Management, Catering, Food, Inventory Management, Team Building, Leadership, Strategic Planning, Sales, Merchandising, Public Speaking, Training

Experience

Managing Director

Savory Fund

2026-1 - Present · 9 mos

Draper, Utah, United States

Chief Executive Officer, Savory Management

Savory Fund

2020-10 - 2026-1 · 5 yrs 4 mos

Lehi, Utah, United States

President, Savory Management

Savory Fund

2018-10 - 2020-10 · 2 yrs 1 mo

Lehi, Utah, United States

Savory Management, a Mercato Partners value-add management company, focuses on delivering outsized returns through strategic growth and replication strategies. With more than 50 veteran restaurant operators, finance experts, and operational team members having managed over 170 restaurants in a 12-year period, Savory Management stands as one of the most experienced growth teams in the restaurant industry today. Savory partners with high-potential restaurant concepts to deliver necessary capital, industry knowledge, and operational prowess to facilitate growth into multi-unit brands. Savory Management works hand in hand with brand founders to fuel growth by harnessing their passion, knowledge, and vision and merging it with the team’s proven restaurant systems. Savory specializes in taking fast casual and polished casual food and beverage concepts with between 2 and 8 locations and scales them into 30-unit+ powerhouse brands.

President

Four Foods Group

2018-1 - 2018-10 · 10 mos

Lehi, Utah, United States

Four Foods Group was an award-winning restaurant development, operations and growth firm with a proven twelve-year track record. With over 170 restaurant locations developed in 10 states, Four Foods Group was one of the top 100 restaurant operators in the nation and has been recognized as such for 3 consecutive years by Restaurant Monitor. Generating over $1.1B in sales over the history of the company, Four Foods Group was an Inc. Honoree 8 consecutive years from 2011 - 2018.