Kona Grill dismisses CEO, loses $5 million in third quarter

By November 8, 2018 News

Kona Grill Inc. named two new co-CEOs Thursday after another chief executive was let go by the restaurant chain after only three months on the job.

The company said Jim Kuhn was out as CEO and its board of directors has appointed Marcus Jundt and Steven Schussler, both Kona Grill board members, as co-CEOs.

Jundt is one of the founders of Kona Grill (NASDAQ: Kona) and served as CEO of the restaurant chain from 2006-2009. Schussler has founded a number of restaurant concepts including Rainforest…