Noodles & Company

DB:NO3 Stock Report

Market Cap: €31.4m

Noodles Management

Management criteria checks 2/4

Noodles' CEO is Drew Madsen, appointed in Nov 2023, has a tenure of 7.17 years. total yearly compensation is $634.00K, comprised of 9.7% salary and 90.3% bonuses, including company stock and options. directly owns 0.32% of the company’s shares, worth €99.09K. The average tenure of the management team and the board of directors is 2.5 years and 6 years respectively.

Key information

Drew Madsen

Chief executive officer

US$634.0k

Total compensation

CEO salary percentage9.7%
CEO tenureless than a year
CEO ownership0.3%
Management average tenure2.5yrs
Board average tenure6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Drew Madsen's remuneration changed compared to Noodles's earnings?
DateTotal CompensationSalaryCompany Earnings
Oct 01 2024n/an/a

-US$33m

Jul 02 2024n/an/a

-US$25m

Apr 02 2024n/an/a

-US$13m

Jan 02 2024US$634kUS$62k

-US$10m

Oct 03 2023n/an/a

-US$3m

Jul 04 2023n/an/a

-US$3m

Apr 04 2023n/an/a

US$0

Jan 03 2023US$145kn/a

-US$3m

Sep 27 2022n/an/a

-US$9m

Jun 28 2022n/an/a

-US$5m

Mar 29 2022n/an/a

-US$787k

Dec 28 2021US$124kn/a

US$4m

Sep 28 2021n/an/a

US$5m

Jun 29 2021n/an/a

-US$240k

Mar 30 2021n/an/a

-US$19m

Dec 29 2020US$116kn/a

-US$23m

Sep 29 2020n/an/a

-US$21m

Jun 30 2020n/an/a

-US$16m

Mar 31 2020n/an/a

-US$2m

Dec 31 2019US$115kn/a

US$2m

Oct 01 2019n/an/a

US$3m

Jul 02 2019n/an/a

-US$344k

Apr 02 2019n/an/a

-US$7m

Jan 01 2019n/an/a

-US$8m

Oct 02 2018n/an/a

-US$9m

Jul 03 2018n/an/a

-US$18m

Apr 03 2018n/an/a

-US$21m

Jan 02 2018n/an/a

-US$45m

Compensation vs Market: Drew's total compensation ($USD634.00K) is above average for companies of similar size in the German market ($USD474.67K).

Compensation vs Earnings: Drew's compensation has increased whilst the company is unprofitable.

CEO

Drew Madsen (68 yo)

less than a year

Tenure

US$634,000

Compensation

Mr. Andrew H. Madsen, also known as Drew, is Chief Executive Officer of Noodles & Company since March 6, 2024 and serves as its Director since November 10, 2023 and was its Interim Chief Executive Officer...

Leadership Team

NamePositionTenureCompensationOwnership
Andrew Madsen
CEO & Directorless than a yearUS$634.00k0.32%
€ 99.1k
Michael Hynes
Chief Financial Officer1.3yrsUS$496.12k0.030%
€ 9.3k
Thomas West
Chief Operating Officer7.2yrsUS$780.73k0.24%
€ 75.6k
Kathryn Lockhart
VP & Chief Accounting Officer4.3yrsUS$391.65k0.057%
€ 17.9k
Corey Kline
Executive Vice President of Technology3.7yrsno data0.14%
€ 44.6k
Stephen Kennedy
Executive Vice President of Marketingno datano datano data
Sue Petersen
Executive Vice President of Inclusion3.7yrsno data0.11%
€ 35.5k
Scott Davis
Chief Concept Officerless than a yearno datano data

2.5yrs

Average Tenure

60yo

Average Age

Experienced Management: NO3's management team is considered experienced (2.5 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Andrew Madsen
CEO & Director7.2yrsUS$634.00k0.32%
€ 99.1k
Thomas Lynch
Independent Director1.5yrsUS$112.31kno data
Jeffrey Jones
Independent Chairman Of the Board11.2yrsUS$270.00k0.41%
€ 128.0k
Robert Hartnett
Independent Director8.3yrsUS$181.35k0.40%
€ 126.4k
Shawn Taylor
Independent Director3.9yrsUS$165.00k0.19%
€ 58.4k
Mary Egan
Independent Director7.2yrsUS$175.00k0.21%
€ 66.2k
Elisa Schreiber
Independent Director4.9yrsUS$160.00k0.19%
€ 58.1k
Britain Peakes
Directorless than a yearno data0.055%
€ 17.2k

6.0yrs

Average Tenure

64yo

Average Age

Experienced Board: NO3's board of directors are considered experienced (6 years average tenure).