Chefs' Warehouse Management
Management criteria checks 3/4
Chefs' Warehouse's CEO is Chris Pappas, appointed in Jan 1985, has a tenure of 39.25 years. total yearly compensation is $5.03M, comprised of 20.3% salary and 79.7% bonuses, including company stock and options. directly owns 7.24% of the company’s shares, worth €90.41M. The average tenure of the management team and the board of directors is 11.6 years and 9.9 years respectively.
Key information
Chris Pappas
Chief executive officer
US$5.0m
Total compensation
| CEO salary percentage | 20.3% |
| CEO tenure | 39.3yrs |
| CEO ownership | 7.2% |
| Management average tenure | 11.6yrs |
| Board average tenure | 9.9yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 29 2023 | US$5m | US$1m | US$35m |
| Sep 29 2023 | n/a | n/a | US$20m |
| Jun 30 2023 | n/a | n/a | US$21m |
| Mar 31 2023 | n/a | n/a | US$28m |
| Dec 30 2022 | US$5m | US$1m | US$28m |
| Sep 23 2022 | n/a | n/a | US$35m |
| Jun 24 2022 | n/a | n/a | US$30m |
| Mar 25 2022 | n/a | n/a | US$14m |
| Dec 24 2021 | US$6m | US$919k | -US$5m |
| Sep 24 2021 | n/a | n/a | -US$50m |
| Jun 25 2021 | n/a | n/a | -US$65m |
| Mar 26 2021 | n/a | n/a | -US$87m |
| Dec 25 2020 | US$4m | US$941k | -US$83m |
| Sep 25 2020 | n/a | n/a | -US$35m |
| Jun 26 2020 | n/a | n/a | -US$19m |
| Mar 27 2020 | n/a | n/a | US$9m |
| Dec 27 2019 | US$3m | US$855k | US$24m |
| Sep 27 2019 | n/a | n/a | US$22m |
| Jun 28 2019 | n/a | n/a | US$22m |
| Mar 29 2019 | n/a | n/a | US$21m |
| Dec 28 2018 | US$2m | US$849k | US$20m |
| Sep 28 2018 | n/a | n/a | US$21m |
| Jun 29 2018 | n/a | n/a | US$20m |
| Mar 30 2018 | n/a | n/a | US$17m |
| Dec 29 2017 | US$2m | US$792k | US$14m |
Compensation vs Market: Chris's total compensation ($USD5.03M) is above average for companies of similar size in the German market ($USD1.62M).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
CEO
Chris Pappas (63 yo)
39.3yrs
Tenure
US$5,028,855
Compensation
Mr. Christopher Pappas, also known as Chris, served as Chairman, Chief Executive Officer and President at Qzina Specialty Foods, Inc. Mr. Pappas Founded The Chefs' Warehouse, Inc., in 1985 and has been its...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 39.3yrs | US$5.03m | 7.24% $ 90.4m | |
| Founder | 13.1yrs | US$2.81m | 3.51% $ 43.9m | |
| CFO & Assistant Secretary | 6.4yrs | US$1.44m | 0.49% $ 6.1m | |
| Chief Accounting Officer | 6.2yrs | US$825.85k | 0.22% $ 2.7m | |
| Gen. Counsel | 13.1yrs | US$1.35m | 0.46% $ 5.7m | |
| Chief Human Resources Officer | 1.3yrs | no data | 0.055% $ 685.3k | |
| Executive Vice President | no data | no data | no data | |
| Executive Vice President of Supply Chain & Business Intelligence | 11.6yrs | no data | no data |
11.6yrs
Average Tenure
58yo
Average Age
Experienced Management: 2CF's management team is seasoned and experienced (11.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | 13.1yrs | US$5.03m | 7.24% $ 90.4m | |
| Founder | 13.1yrs | US$2.81m | 3.51% $ 43.9m | |
| Independent Director | 8.1yrs | US$167.49k | 0.066% $ 824.5k | |
| Independent Director | 3.3yrs | US$190.72k | 0.023% $ 287.5k | |
| Independent Director | 12.8yrs | US$179.99k | 0.19% $ 2.4m | |
| Independent Director | 8.4yrs | US$199.99k | 0.086% $ 1.1m | |
| Independent Director | 11.4yrs | US$204.99k | 0.058% $ 723.9k | |
| Independent Lead Director | 11.9yrs | US$229.99k | 0.087% $ 1.1m | |
| Independent Director | 11.6yrs | US$204.99k | 0.10% $ 1.3m | |
| Independent Director | 3.3yrs | US$179.99k | 0.023% $ 287.5k | |
| Independent Director | less than a year | no data | 0.0019% $ 23.5k | |
| Independent Director | less than a year | no data | 0.00088% $ 11.0k |
9.9yrs
Average Tenure
62.5yo
Average Age
Experienced Board: 2CF's board of directors are considered experienced (9.9 years average tenure).