Bloomin' Brands Management

Management criteria checks 2/4

Bloomin' Brands' CEO is Dave Deno, appointed in Apr 2019, has a tenure of 5.08 years. total yearly compensation is $6.83M, comprised of 14.7% salary and 85.3% bonuses, including company stock and options. directly owns 0.82% of the company’s shares, worth €16.57M. The average tenure of the management team and the board of directors is 2.9 years and 2.8 years respectively.

Key information

Dave Deno

Chief executive officer

US$6.8m

Total compensation

CEO salary percentage	14.7%
CEO tenure	5.1yrs
CEO ownership	0.8%
Management average tenure	2.9yrs
Board average tenure	2.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Dave Deno's remuneration changed compared to Bloomin' Brands's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$7m	US$1m	US$247m
Sep 24 2023	n/a	n/a	US$262m
Jun 25 2023	n/a	n/a	US$250m
Mar 26 2023	n/a	n/a	US$118m
Dec 25 2022	US$6m	US$985k	US$102m
Sep 25 2022	n/a	n/a	US$105m
Jun 26 2022	n/a	n/a	US$76m
Mar 27 2022	n/a	n/a	US$222m
Dec 26 2021	US$8m	US$900k	US$216m
Sep 26 2021	n/a	n/a	US$141m
Jun 27 2021	n/a	n/a	US$120m
Mar 28 2021	n/a	n/a	-US$55m
Dec 27 2020	US$6m	US$696k	-US$162m
Sep 27 2020	n/a	n/a	-US$120m
Jun 28 2020	n/a	n/a	-US$93m
Mar 29 2020	n/a	n/a	US$28m
Dec 29 2019	n/a	n/a	US$131m
Sep 29 2019	n/a	n/a	US$113m
Jun 30 2019	n/a	n/a	US$108m
Mar 31 2019	n/a	n/a	US$106m
Dec 30 2018	US$2m	US$650k	US$107m
Sep 30 2018	n/a	n/a	US$108m
Jul 01 2018	n/a	n/a	US$110m
Apr 01 2018	n/a	n/a	US$118m
Dec 31 2017	US$3m	US$663k	US$101m

Compensation vs Market: Dave's total compensation ($USD6.83M) is above average for companies of similar size in the German market ($USD1.61M).

Compensation vs Earnings: Dave's compensation has been consistent with company performance over the past year.

CEO

Dave Deno (65 yo)

5.1yrs

Tenure

US$6,825,003

Compensation

Mr. David J. Deno, also known as Dave, is a Director at Krispy Kreme, Inc. since September 2016. Mr. Deno has been Chief Executive Officer at Bloomin' Brands, Inc. since April 01, 2019 and was its Chief Fi...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Deno	CEO & Director	5.1yrs	US$6.83m	0.82% $ 16.6m
Kelly Lefferts	Executive VP	8.3yrs	US$1.34m	0.10% $ 2.1m
Brett Patterson	Executive VP & President of Outback Steakhouse	4.3yrs	US$1.40m	0.053% $ 1.1m
William Healy	CFO & Executive VP of Global Business Development	less than a year	no data	0.055% $ 1.1m
Philip Pace	Senior VP & Chief Accounting Officer	1.8yrs	no data	0.029% $ 599.4k
Tara Kurian	Vice President of Corporate Financial & Investor Relations	no data	no data	no data
Astrid Isaacs	Senior VP & CTO	2.5yrs	no data	0.0061% $ 124.3k
Suzann Trevisan	Senior VP & Chief Human Resources Officer	1.7yrs	no data	0.010% $ 207.3k
Mark Graff	Executive VP and President of Bonefish Grill & Fine Dining	2.9yrs	no data	0.038% $ 764.3k
Pierre Berenstein	Executive VP & Chief Customer Officer	7yrs	no data	no data
Lissette Gonzalez	Executive VP and Chief Supply Chain & Operations Excellence Officer	3.1yrs	no data	0.012% $ 234.1k
Sheilina Henry	President of Fleming’s Prime Steakhouse & Wine Bar	less than a year	no data	no data

2.9yrs

Average Tenure

49yo

Average Age

Experienced Management: BOO's management team is considered experienced (2.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
David Deno	CEO & Director	5.1yrs	US$6.83m	0.82% $ 16.6m
Lawrence Jackson	Independent Director	3.8yrs	US$272.52k	0.033% $ 668.3k
John Mahoney	Independent Director	12yrs	US$277.52k	0.083% $ 1.7m
R. Mohan	Independent Chairman	6.6yrs	US$335.98k	0.051% $ 1.0m
David George	Independent Director	less than a year	no data	0.0031% $ 62.8k
Tara Levy	Independent Director	10.8yrs	US$260.02k	0.073% $ 1.5m
Jonathan Sagal	Independent Director	less than a year	no data	0.0017% $ 34.8k
Melanie Marein-Efron	Independent Director	1.8yrs	US$262.52k	0.012% $ 248.7k
Rohit Lal	Independent Director	less than a year	no data	0.0046% $ 93.8k
Julie Kunkel	Independent Director	1.8yrs	US$262.52k	0.013% $ 272.1k

2.8yrs

Average Tenure

61yo

Average Age

Experienced Board: BOO's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.

Bloomin' Brands Management

Management criteria checks 2/4

Key information

Recent management updates

Bloomin’ Brands, Inc., Appoints William Michael Healy as Executive Vice President

Bloomin' Brands, Inc., Annual General Meeting, Apr 23, 2024

High number of new directors

Bloomin' Brands, Inc. Announces Board Appointments

Bloomin' Brands, Inc. Announces Resignation of John Gainor as Member of the Board of Director

Bloomin’ Brands, Inc. Announces Board Changes

Recent updates

Bloomin' Brands, Inc. to Report Q1, 2024 Results on May 07, 2024

Bloomin’ Brands, Inc., Appoints William Michael Healy as Executive Vice President

Bloomin' Brands, Inc., Annual General Meeting, Apr 23, 2024

New major risk - Revenue and earnings growth

Full year 2023 earnings released: EPS: US$2.84 (vs US$1.15 in FY 2022)

Bloomin' Brands, Inc. (NasdaqGS:BLMN) announces an Equity Buyback for $350 million worth of its shares.

Bloomin' Brands, Inc. to Report Q4, 2023 Results on Feb 23, 2024

High number of new directors

Bloomin' Brands, Inc. Announces Board Appointments

Bloomin' Brands, Inc. Announces Resignation of John Gainor as Member of the Board of Director

New major risk - Revenue and earnings growth

Bloomin' Brands, Inc. Declares A Quarterly Cash Dividend, Payable on November 29, 2023

Third quarter 2023 earnings released: EPS: US$0.50 (vs US$0.36 in 3Q 2022)

Now 20% undervalued after recent price drop

New major risk - Revenue and earnings growth

Bloomin' Brands, Inc. to Report Q3, 2023 Results on Nov 03, 2023

Bloomin’ Brands, Inc. Announces Board Changes

Bloomin' Brands, Inc. Declares A Quarterly Cash Dividend, Payable on August 25, 2023

Second quarter 2023 earnings released: EPS: US$0.77 (vs US$0.72 loss in 2Q 2022)

Bloomin’ Brands, Inc. Promotes Sheilina Henry to President of Fleming’s Prime Steakhouse & Wine Bar

Bloomin' Brands, Inc. to Report Q2, 2023 Results on Aug 01, 2023

Bloomin' Brands, Inc.(NasdaqGS:BLMN) dropped from Russell Small Cap Comp Value Index

First quarter 2023 earnings released: EPS: US$1.03 (vs US$0.84 in 1Q 2022)

Now 21% undervalued

Now 20% undervalued

Now 22% undervalued

Independent Director recently sold €891k worth of stock

Upcoming dividend of US$0.24 per share at 2.0% yield

Full year 2022 earnings released: EPS: US$1.15 (vs US$2.42 in FY 2021)

Bloomin' Brands, Inc. Declares Quarterly Cash Dividend, Payable on March 15, 2023

Now 20% undervalued

Bloomin' Brands, Inc. to Report Q4, 2022 Results on Feb 16, 2023

Now 21% undervalued after recent price drop

Executive Director recently sold €4.7m worth of stock

Third quarter 2022 earnings released: EPS: US$0.36 (vs US$0.039 in 3Q 2021)

Bloomin' Brands, Inc. Revises Earnings Guidance for the Year 2022

Bloomin' Brands, Inc. to Report Q3, 2022 Results on Oct 28, 2022

Bloomin’ Brands, Inc. Announces the Appointment of Suzann Trevisan to Senior Vice President, Chief Human Resources Officer for Bloomin’ Brands

Bloomin’ Brands Announces Additions to Board of Directors

Bloomin' Brands, Inc. Promotes Pat Hafner to President of Carrabba's Italian Grill

Second quarter 2022 earnings released: US$0.72 loss per share (vs US$0.93 profit in 2Q 2021)

Bloomin' Brands, Inc. Declares Quarterly Cash Dividend, Payable on August 24, 2022

Bloomin' Brands, Inc. Appoints Philip Pace as Principal Accounting Officer

Bloomin' Brands, Inc. to Report Q2, 2022 Results on Jul 29, 2022

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

Bloomin' Brands, Inc. Declares Quarterly Cash Dividend, Payable on May 25, 2022

First quarter 2022 earnings released: EPS: US$0.84 (vs US$0.78 in 1Q 2021)

Bloomin' Brands, Inc. to Report Q1, 2022 Results on Apr 29, 2022

Investor sentiment deteriorated over the past week

Executive Director recently sold €4.0m worth of stock

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Bloomin' Brands, Inc. (NasdaqGS:BLMN) announces an Equity Buyback for $125 million worth of its shares.

Bloomin' Brands, Inc. to Report Q4, 2021 Results on Feb 18, 2022

Bloomin' Brands, Inc. to Report Q4, 2021 Results on Feb 18, 2022

Insider recently bought €171k worth of stock

Third quarter 2021 earnings released: EPS US$0.039 (vs US$0.20 loss in 3Q 2020)

Second quarter 2021 earnings released: EPS US$0.93 (vs US$1.05 loss in 2Q 2020)

Insider recently sold €1.6m worth of stock

First quarter 2021 earnings released: EPS US$0.78 (vs US$0.44 loss in 1Q 2020)

Bloomin' Brands, Inc. Provides Earnings Guidance for the Second Quarter 2021

Lori Malcolm Joins Bloomin’ Brands as Senior Vice President of Human Resources

Full year 2020 earnings released: US$1.86 loss per share (vs US$1.47 profit in FY 2019)

Revenue misses expectations

New 90-day high: €20.80

New 90-day high: €18.50

Bloomin' Brands, Inc. to Report Q4, 2020 Results on Feb 18, 2021

New 90-day high: €16.60

New 90-day high: €15.30