Fiesta Restaurant Group Management

Management criteria checks 4/4

Fiesta Restaurant Group's CEO is Dirk Montgomery, appointed in Sep 2019, has a tenure of 4.08 years. total yearly compensation is $1.07M, comprised of 45% salary and 55% bonuses, including company stock and options. directly owns 1.1% of the company’s shares, worth $2.40M. The average tenure of the management team and the board of directors is 4.1 years and 6.4 years respectively.

Key information

Dirk Montgomery

Chief executive officer

US$1.1m

Total compensation

CEO salary percentage	45.0%
CEO tenure	4.1yrs
CEO ownership	1.1%
Management average tenure	4.1yrs
Board average tenure	6.4yrs

Recent management updates

Recent updates

Here's Why We're Not Too Worried About Fiesta Restaurant Group's (NASDAQ:FRGI) Cash Burn Situation

Jun 08

Fiesta Restaurant provides update on restaurants hit by Hurricane Ian

Oct 04

We Think Fiesta Restaurant Group's (NASDAQ:FRGI) Profit Is Only A Baseline For What They Can Achieve

Aug 20

Does Fiesta Restaurant Group (NASDAQ:FRGI) Have A Healthy Balance Sheet?

Aug 17

Returns On Capital At Fiesta Restaurant Group (NASDAQ:FRGI) Paint A Concerning Picture

May 15

Is Fiesta Restaurant Group (NASDAQ:FRGI) Using Debt In A Risky Way?

Apr 05

Investors Who Bought Fiesta Restaurant Group (NASDAQ:FRGI) Shares A Year Ago Are Now Up 60%

Feb 11

Fiesta Restaurant reports improving trend for comparable sales ahead of ICR meeting

Jan 11

Is There An Opportunity With Fiesta Restaurant Group, Inc.'s (NASDAQ:FRGI) 33% Undervaluation?

Jan 07

CEO Compensation Analysis

How has Dirk Montgomery's remuneration changed compared to Fiesta Restaurant Group's earnings?
Date	Total Compensation	Salary	Company Earnings
Jul 02 2023	n/a	n/a	-US$6m
Apr 02 2023	n/a	n/a	-US$17m
Jan 01 2023	US$1m	US$483k	-US$16m
Oct 02 2022	n/a	n/a	-US$17m
Jul 03 2022	n/a	n/a	-US$18m
Apr 03 2022	n/a	n/a	-US$9m
Jan 02 2022	US$1m	US$475k	-US$8m
Oct 03 2021	n/a	n/a	US$748k
Jul 04 2021	n/a	n/a	US$9m
Apr 04 2021	n/a	n/a	-US$373k
Jan 03 2021	US$2m	US$439k	-US$3m
Sep 27 2020	n/a	n/a	-US$27m
Jun 28 2020	n/a	n/a	-US$54m
Mar 29 2020	n/a	n/a	-US$90m
Dec 29 2019	US$842k	US$146k	-US$2m

Compensation vs Market: Dirk's total compensation ($USD1.07M) is about average for companies of similar size in the US market ($USD1.53M).

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

CEO

Dirk Montgomery (59 yo)

4.1yrs

Tenure

US$1,072,916

Compensation

Mr. Dirk A. Montgomery was Interim Chief Executive Officer of Fiesta Restaurant Group, Inc. from December 8, 2022 to April 13, 2023 and is Chief Executive Officer from April 13, 2023 and serves as its Trea...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Dirk Montgomery	President	4.1yrs	US$1.07m	1.1% $ 2.4m
Tyler Yoesting	VP, Acting CFO	1.8yrs	US$3.38m	0.12% $ 264.9k
Louis DiPietro	Senior VP	4.8yrs	US$778.00k	0.44% $ 968.1k
Hope Diaz	Senior VP & Chief Marketing Officer	4.1yrs	US$705.50k	0.36% $ 774.6k
John Doyle	Chief Information Officer	3.8yrs	no data	no data

4.1yrs

Average Tenure

52yo

Average Age

Experienced Management: FRGI's management team is considered experienced (4.1 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Nicholas Daraviras	Non-Independent Director	12.5yrs	US$126.25k	0.23% $ 505.1k
Nicholas Shepherd	Independent Director	6.4yrs	US$145.00k	0.20% $ 441.4k
Paul Twohig	Independent Director	6.7yrs	US$150.00k	0.22% $ 487.4k
Nirmal Tripathy	Director	less than a year	no data	0.088% $ 191.4k
Andrew Rechtschaffen	Independent Director	3.7yrs	US$135.00k	0.17% $ 377.5k
Stacey Rauch	Independent Non-Executive Chairman	11.3yrs	US$185.01k	0.30% $ 653.0k
Sherrill Kaplan	Independent Director	4.9yrs	US$132.50k	0.18% $ 389.8k

6.4yrs

Average Tenure

64yo

Average Age

Experienced Board: FRGI's board of directors are considered experienced (6.4 years average tenure).

Fiesta Restaurant Group Management

Management criteria checks 4/4

Key information

Recent management updates

Insufficient new directors

Fiesta Restaurant Group, Inc. Announces Patricia Lopez-Calleja Is No Longer Employed as Senior Vice President, Strategic Initiatives and Chief Experience Officer, Effective February 15, 2023

Fiesta Restaurant Group, Inc. Appoints Nirmal Kumar Tripathy to its Board of Directors

Fiesta Restaurant Group, Inc. Announces Chief Executive Officer Changes

Insufficient new directors

Fiesta Restaurant Group, Inc. Announces Voluntary Resignation of Daraviras from the Corporate Governance and Nominating Committee

Recent updates

Fiesta Restaurant Group, Inc. Files Form 15

Fiesta Restaurant Group, Inc.(NasdaqGS:FRGI) dropped from NASDAQ Composite Index

Authentic Restaurant Brands completed the acquisition of Fiesta Restaurant Group, Inc. (NasdaqGS:FRGI) from a group of shareholders.

Wohl & Fruchter LLP Files Class Action Lawsuit on Behalf of Shareholders of Fiesta Restaurant Group, Inc. in the U.S. District Court for the Southern District of New York

Authentic Restaurant Brands (ARB) entered into a definitive agreement to acquire Fiesta Restaurant Group, Inc. (NasdaqGS:FRGI) from AREX Capital Management, LP, BEI-Longhorn, LLC and others for approximately $220 million.

Authentic Restaurant Brands Reportedly to Buy Fiesta Restaurant for $225 Million

Second quarter 2023 earnings released: EPS: US$0.15 (vs US$0.26 loss in 2Q 2022)

Here's Why We're Not Too Worried About Fiesta Restaurant Group's (NASDAQ:FRGI) Cash Burn Situation

First quarter 2023 earnings released: US$0.084 loss per share (vs US$0.052 loss in 1Q 2022)

Full year 2022 earnings: EPS misses analyst expectations

Insufficient new directors

Fiesta Restaurant Group, Inc. Announces Patricia Lopez-Calleja Is No Longer Employed as Senior Vice President, Strategic Initiatives and Chief Experience Officer, Effective February 15, 2023

Fiesta Restaurant Group, Inc. Appoints Nirmal Kumar Tripathy to its Board of Directors

Fiesta Restaurant Group, Inc. Announces Chief Executive Officer Changes

Price target decreased to US$14.50

Insufficient new directors

Price target decreased to US$14.50

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Fiesta Restaurant Group, Inc. to Report Q3, 2022 Results on Nov 10, 2022

Fiesta Restaurant provides update on restaurants hit by Hurricane Ian

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Fiesta Restaurant Group, Inc. to Report Q2, 2022 Results on Aug 11, 2022

Fiesta Restaurant Group, Inc. Announces Voluntary Resignation of Daraviras from the Corporate Governance and Nominating Committee

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Fiesta Restaurant Group, Inc. to Report Q1, 2022 Results on May 12, 2022

Fiesta Restaurant Group, Inc., Annual General Meeting, Jun 16, 2022

Insufficient new directors

Full year 2021 earnings: EPS and revenues miss analyst expectations

Fiesta Restaurant Group, Inc. to Report Q4, 2021 Results on Mar 09, 2022

Fiesta Restaurant Group, Inc. Announces Resignation of Eladio (Willie) Romeo as Senior Vice President, Operations, Pollo Tropical, Effective February 25, 2022

Insufficient new directors

Insufficient new directors

Third quarter 2021 earnings released: US$0.13 loss per share (vs US$0.18 profit in 3Q 2020)

We Think Fiesta Restaurant Group's (NASDAQ:FRGI) Profit Is Only A Baseline For What They Can Achieve

Yadav Enterprises, Inc. completed the acquisition of Taco Cabana, Inc. from Fiesta Restaurant Group, Inc. (NasdaqGS:FRGI).

Does Fiesta Restaurant Group (NASDAQ:FRGI) Have A Healthy Balance Sheet?

Second quarter 2021 earnings released: EPS US$0.10 (vs US$0.33 loss in 2Q 2020)

YTC Enterprises, LLC entered into a definitive stock purchase agreement to acquire Taco Cabana, Inc. from Fiesta Restaurant Group, Inc. (NasdaqGS:FRGI) for $85 million.

Returns On Capital At Fiesta Restaurant Group (NASDAQ:FRGI) Paint A Concerning Picture

First quarter 2021 earnings released: US$0.082 loss per share (vs US$0.29 loss in 1Q 2020)

Independent Director has left the company

Is Fiesta Restaurant Group (NASDAQ:FRGI) Using Debt In A Risky Way?

Fiesta Restaurant Group, Inc., Annual General Meeting, Apr 28, 2021

New 90-day high: US$18.30

Full year 2020 earnings released: US$0.40 loss per share (vs US$3.18 loss in FY 2019)

Revenue and earnings beat expectations

Fiesta Restaurant Group, Inc. to Report Q4, 2020 Results on Mar 04, 2021

Investors Who Bought Fiesta Restaurant Group (NASDAQ:FRGI) Shares A Year Ago Are Now Up 60%

New 90-day high: US$16.46

Price target raised to US$14.50

Fiesta Restaurant reports improving trend for comparable sales ahead of ICR meeting

New 90-day high: US$13.29

Is There An Opportunity With Fiesta Restaurant Group, Inc.'s (NASDAQ:FRGI) 33% Undervaluation?

New 90-day high: US$13.16

Is Fiesta Restaurant Group (NASDAQ:FRGI) Weighed On By Its Debt Load?

Fiesta Restaurant: Digital Transformation

Retailers at risk from Florida's new $15 per hour minimum wage

Revenue and earnings beat expectations

Analysts update estimates

Fiesta Restaurant Group, Inc. to Report Q3, 2020 Results on Nov 04, 2020

New 90-day high - US$10.13

Price target raised to US$9.50

First half earnings released

Fiesta Restaurant Group, Inc. to Report Q2, 2020 Results on Aug 05, 2020

Fiesta Restaurant Group, Inc.(NasdaqGS:FRGI) dropped from Russell 2000 Value-Defensive Index

CEO Compensation Analysis

CEO

Tenure

Compensation