Cheesecake Factory Management

Management criteria checks 3/4

Cheesecake Factory's CEO is David Overton, appointed in Feb 1992, has a tenure of 32.33 years. total yearly compensation is $7.66M, comprised of 13% salary and 87% bonuses, including company stock and options. directly owns 6.76% of the company’s shares, worth MX$2.51B. The average tenure of the management team and the board of directors is 6.9 years and 12.3 years respectively.

Key information

David Overton

Chief executive officer

US$7.7m

Total compensation

CEO salary percentage	13.0%
CEO tenure	32.3yrs
CEO ownership	6.8%
Management average tenure	6.9yrs
Board average tenure	12.3yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has David Overton's remuneration changed compared to Cheesecake Factory's earnings?
Date	Total Compensation	Salary	Company Earnings
Apr 02 2024	n/a	n/a	US$106m
Jan 02 2024	US$8m	US$995k	US$101m
Oct 03 2023	n/a	n/a	US$85m
Jul 04 2023	n/a	n/a	US$65m
Apr 04 2023	n/a	n/a	US$48m
Jan 03 2023	US$7m	US$1m	US$43m
Sep 27 2022	n/a	n/a	US$50m
Jun 28 2022	n/a	n/a	US$85m
Mar 29 2022	n/a	n/a	US$73m
Dec 28 2021	US$7m	US$1m	US$49m
Sep 28 2021	n/a	n/a	US$9m
Jun 29 2021	n/a	n/a	-US$57m
Mar 30 2021	n/a	n/a	-US$142m
Dec 29 2020	US$6m	US$915k	-US$277m
Sep 29 2020	n/a	n/a	-US$191m
Jun 30 2020	n/a	n/a	-US$142m
Mar 31 2020	n/a	n/a	-US$36m
Dec 31 2019	US$7m	US$995k	US$127m
Oct 01 2019	n/a	n/a	US$95m
Jul 02 2019	n/a	n/a	US$107m
Apr 02 2019	n/a	n/a	US$100m
Jan 01 2019	US$6m	US$995k	US$99m
Oct 02 2018	n/a	n/a	US$141m
Jul 03 2018	n/a	n/a	US$139m
Apr 03 2018	n/a	n/a	US$148m
Jan 02 2018	US$5m	US$995k	US$157m

Compensation vs Market: David's total compensation ($USD7.66M) is above average for companies of similar size in the MX market ($USD852.80K).

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

CEO

David Overton (78 yo)

32.3yrs

Tenure

US$7,658,919

Compensation

Mr. David M. Overton founded Grand Lux Cafe, LLC in 1999. Mr. Overton co-founded The Cheesecake Factory Incorporated's predecessor company in 1972. He is the Founder of The Cheesecake Factory Incorporated....

Leadership Team

Name	Position	Tenure	Compensation	Ownership
David Overton	Founder	32.3yrs	US$7.66m	6.76% $ 2.5b
David Gordon	President	11.3yrs	US$2.74m	0.16% $ 60.6m
Matthew Clark	Executive VP & CFO	6.9yrs	US$2.29m	0.11% $ 41.3m
Scarlett May	Executive VP	6.1yrs	US$1.56m	0.085% $ 31.4m
Keith Carango	President of The Cheesecake Factory Bakery Incorporated	6.2yrs	US$1.23m	0.098% $ 36.2m
Ashley Hanscom	VP, Principal Accounting Officer & Controller	1.2yrs	no data	0.044% $ 16.4m
Etienne Marcus	Vice President of Finance & Investor Relations	no data	no data	no data
Cheryl Slomann	Senior Vice President of Finance & Compliance	1.2yrs	US$387.59k	0.066% $ 24.6m
Donald Evans	Chief Marketing Officer & Senior VP	12.8yrs	no data	no data
Dina Barmasse-Gray	Senior Vice President of Human Resources	14.3yrs	no data	no data
Spero Alex	Senior Vice President of Operations - The Cheesecake Factory Restaurants	no data	no data	no data

6.9yrs

Average Tenure

58yo

Average Age

Experienced Management: CAKE *'s management team is seasoned and experienced (6.9 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
David Overton	Founder	32.3yrs	US$7.66m	6.76% $ 2.5b
David Pittaway	Independent Director	15.1yrs	US$233.50k	0.040% $ 14.9m
Laurence Mindel	Independent Director	12.3yrs	US$215.00k	0.025% $ 9.1m
Jerome Kransdorf	Independent Lead Director	27.3yrs	US$301.44k	0.027% $ 10.0m
Alexander Cappello	Independent Director	16.3yrs	US$234.50k	0.033% $ 12.2m
Edie Ames	Independent Director	7.5yrs	US$228.50k	0.063% $ 23.4m
Janice Meyer	Independent Director	4.3yrs	US$222.00k	0.035% $ 13.1m
Khanh Collins	Independent Director	2.9yrs	US$222.00k	0.023% $ 8.7m
Adam Gordon	Independent Director	1.5yrs	US$222.00k	0.0072% $ 2.7m

12.3yrs

Average Tenure

68yo

Average Age

Experienced Board: CAKE *'s board of directors are seasoned and experienced ( 12.3 years average tenure).

Cheesecake Factory Management

Management criteria checks 3/4

Key information

Recent management updates

The Cheesecake Factory Incorporated, Annual General Meeting, May 30, 2024

The Cheesecake Factory Incorporated Announces Retirement of Herbert Simon from the Board

the Cheesecake Factory Incorporated Announces Changes to Board of Directors

Independent Director recently bought Mex$2.5m worth of stock

The Cheesecake Factory Incorporated, Annual General Meeting, May 19, 2022

Independent Director recently bought Mex$427k worth of stock

Recent updates

Investor sentiment improves as stock rises 18%

The Cheesecake Factory Incorporated Declares Quarterly Dividend, Payable on June 4, 2024

The Cheesecake Factory Incorporated, Annual General Meeting, May 30, 2024

The Cheesecake Factory Incorporated to Report Q1, 2024 Results on May 08, 2024

The Cheesecake Factory Incorporated Announces Retirement of Herbert Simon from the Board

The Cheesecake Factory Incorporated Declares Quarterly Dividend, Payable on March 19, 2024

The Cheesecake Factory Incorporated to Report Q4, 2023 Results on Feb 21, 2024

the Cheesecake Factory Incorporated Declares Quarterly Dividend for Third Quarter of Fiscal 2023, Paid on November 28, 2023

The Cheesecake Factory Incorporated to Report Q3, 2023 Results on Nov 01, 2023

The Cheesecake Factory Incorporated Declares Quarterly Cash Dividend, Payable on August 29, 2023

The Cheesecake Factory Incorporated to Report Q2, 2023 Results on Aug 02, 2023

The Cheesecake Factory Incorporated Declares Quarterly Cash Dividend, Payable on June 6, 2023

Upcoming dividend of US$0.27 per share at 2.9% yield

Full year 2022 earnings released: EPS: US$0.87 (vs US$1.03 in FY 2021)

The Cheesecake Factory at Home Makes Grocery Shopping Sweeter with New Premium Cheesecake Ice Cream Bars

The Cheesecake Factory Incorporated to Report Q4, 2022 Results on Feb 22, 2023

the Cheesecake Factory Incorporated Announces Changes to Board of Directors

Independent Director recently bought Mex$2.5m worth of stock

The Cheesecake Factory Incorporated Provides Earnings Guidance for the Fourth Quarter and Full Year of 2022 and Full Year of 2023

The Cheesecake Factory Incorporated to Report Q3, 2022 Results on Nov 01, 2022

The Cheesecake Factory Incorporated Provides Earnings Guidance for the Third Quarter and Full Year 2022

Second quarter 2022 earnings released: EPS: US$0.51 (vs US$0.32 in 2Q 2021)

The Cheesecake Factory Incorporated Declares Quarterly Cash Dividend, Payable on August 23, 2022

The Cheesecake Factory Incorporated to Report Q2, 2022 Results on Jul 27, 2022

Investor sentiment deteriorated over the past week

The Cheesecake Factory Incorporated Declares Quarterly Dividend, Payable on May 24, 2022

The Cheesecake Factory Incorporated to Report Q1, 2022 Results on Apr 27, 2022

The Cheesecake Factory Incorporated, Annual General Meeting, May 19, 2022

Independent Director recently bought Mex$427k worth of stock

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

Independent Director recently bought Mex$1.5m worth of stock

Third quarter 2021 earnings released: EPS US$0.65 (vs US$0.76 loss in 3Q 2020)

Independent Director recently bought Mex$442k worth of stock

Independent Director recently bought Mex$442k worth of stock

Second quarter 2021 earnings released: EPS US$0.38 (vs US$1.61 loss in 2Q 2020)

The Cheesecake Factory Incorporated(NasdaqGS:CAKE) dropped from Russell 3000E Value Index

The Cheesecake Factory Incorporated has completed a Follow-on Equity Offering in the amount of $175 million.

President recently sold Mex$23m worth of stock

First quarter 2021 earnings released: US$0.027 loss per share (vs US$3.11 loss in 1Q 2020)

Chief Accounting Officer recently sold Mex$2.2m worth of stock

The Cheesecake Factory Incorporated(NasdaqGS:CAKE) dropped from Russell 2000 Growth-Defensive Index

The Cheesecake Factory Incorporated to Report Q4, 2020 Results on Feb 17, 2021

Rosen Law Firm Announces Investigation of Securities Claims Against the Cheesecake Factory Incorporated

Cheesecake Factory Incorporated Enters into Settlement Agreement with the United States Securities and Exchange Commission

Third quarter 2020 earnings released: US$0.76 loss per share

Revenue beats expectations

Third quarter 2020 earnings released: US$0.76 loss per share

Revenue beats expectations

The Cheesecake Factory Incorporated to Report Q3, 2020 Results on Oct 29, 2020

The Cheesecake Factory Incorporated to Report Q2, 2020 Results on Jul 29, 2020

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age

Board Members

Average Tenure

Average Age