First Watch Restaurant Group Management
Management criteria checks 3/4
First Watch Restaurant Group's CEO is Chris Tomasso, appointed in Aug 2017, has a tenure of 6.75 years. total yearly compensation is $4.93M, comprised of 18.1% salary and 81.9% bonuses, including company stock and options. directly owns 0.34% of the company’s shares, worth $5.11M. The average tenure of the management team and the board of directors is 4.4 years and 4.3 years respectively.
Key information
Chris Tomasso
Chief executive officer
US$4.9m
Total compensation
| CEO salary percentage | 18.1% |
| CEO tenure | 6.8yrs |
| CEO ownership | 0.3% |
| Management average tenure | 4.4yrs |
| Board average tenure | 4.3yrs |
Recent management updates
Recent updates
First Watch Restaurant Group, Inc.'s (NASDAQ:FWRG) Share Price Matching Investor Opinion
Apr 25
Is There Now An Opportunity In First Watch Restaurant Group, Inc. (NASDAQ:FWRG)?
Apr 02The Return Trends At First Watch Restaurant Group (NASDAQ:FWRG) Look Promising
Feb 28First Watch: Great Restaurant Concept, But An Equal Valuation
Feb 21We Ran A Stock Scan For Earnings Growth And First Watch Restaurant Group (NASDAQ:FWRG) Passed With Ease
Jan 23Investors Holding Back On First Watch Restaurant Group, Inc. (NASDAQ:FWRG)
Dec 23When Should You Buy First Watch Restaurant Group, Inc. (NASDAQ:FWRG)?
Dec 03Here's Why We Think First Watch Restaurant Group (NASDAQ:FWRG) Is Well Worth Watching
Oct 13The Return Trends At First Watch Restaurant Group (NASDAQ:FWRG) Look Promising
Aug 24Returns On Capital Are Showing Encouraging Signs At First Watch Restaurant Group (NASDAQ:FWRG)
Apr 08First Watch: Ride On The Secular Tailwind Of Demand For Daypart Meals
Oct 19First Watch: A Solid Buy-The-Dip Candidate
Oct 12First Watch Restaurant slides 8% afterhours on secondary stock offering
Sep 12First Watch Restaurant Group: Rapid Growth On Cards As Sales Momentum Persists
Aug 31First Watch: Another Phenomenal Quarter
Aug 10First Watch Restaurant Group: Undervalued Rare Asset With Significant Growth Potential
Jul 20First Watch: Another Solid Quarter For This Small-Cap Growth Story
Jun 02The Strong Earnings Posted By First Watch Restaurant Group (NASDAQ:FWRG) Are A Good Indication Of The Strength Of The Business
May 18First Watch Restaurant Group: Waiting For Profitability
Apr 07A Look At The Intrinsic Value Of First Watch Restaurant Group, Inc. (NASDAQ:FWRG)
Jan 08First Watch: Phenomenal Growth, But At A Price
Dec 26First Watch Restaurant Group Stock: Watching, Not Investing
Oct 10CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | US$5m | US$892k | US$25m |
| Sep 24 2023 | n/a | n/a | US$22m |
| Jun 25 2023 | n/a | n/a | US$17m |
| Mar 26 2023 | n/a | n/a | US$12m |
| Dec 25 2022 | US$3m | US$625k | US$7m |
| Sep 25 2022 | n/a | n/a | US$3m |
| Jun 26 2022 | n/a | n/a | US$3m |
| Mar 27 2022 | n/a | n/a | US$5m |
| Dec 26 2021 | US$1m | US$468k | -US$2m |
| Sep 26 2021 | n/a | n/a | -US$5m |
| Jun 27 2021 | n/a | n/a | -US$16m |
| Mar 28 2021 | n/a | n/a | -US$36m |
| Dec 27 2020 | US$665k | US$439k | -US$50m |
Compensation vs Market: Chris's total compensation ($USD4.93M) is about average for companies of similar size in the US market ($USD5.66M).
Compensation vs Earnings: Chris's compensation has increased by more than 20% in the past year.
CEO
Chris Tomasso (52 yo)
6.8yrs
Tenure
US$4,928,318
Compensation
Mr. Christopher A. Tomasso, also known as Chris, is the President of First Watch Restaurant Group, Inc since August 2017 and serves as its Chief Executive Officer since December 2019. He has been a Directo...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 6.8yrs | US$4.93m | 0.34% $ 5.1m | |
| CFO & Treasurer | 4.4yrs | US$1.78m | 0.026% $ 392.8k | |
| Chief Legal Officer | 4.4yrs | US$1.37m | 0.0071% $ 107.1k | |
| Chief Operations Officer | 2.6yrs | no data | 0.071% $ 1.1m | |
| Vice President of Investor Relations | no data | no data | no data | |
| Chief People Officer | 2.7yrs | US$549.45k | 0.051% $ 776.9k | |
| Senior Vice President of Culinary Strategy of First Watch Restaurants Inc | 2.9yrs | no data | no data | |
| Senior Vice President of Supply Chain of First Watch Restaurants | 2.9yrs | no data | no data | |
| Chief Development Officer | 7.5yrs | US$1.12m | 0.055% $ 828.6k | |
| Senior Vice President of Information Technology of First Watch Restaurants Inc | 5.2yrs | no data | no data | |
| Chief Brand Officer | 5.1yrs | no data | 0% $ 0 | |
| Senior VP of Financial Planning & Analysis | less than a year | no data | no data |
4.4yrs
Average Tenure
51yo
Average Age
Experienced Management: FWRG's management team is considered experienced (4.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 4.4yrs | US$4.93m | 0.34% $ 5.1m | |
| Independent Director | 4.4yrs | US$185.00k | 0.011% $ 171.6k | |
| Independent Chairman | 4.4yrs | US$248.50k | 0.65% $ 9.9m | |
| Independent Director | 4.3yrs | US$195.00k | 0.011% $ 171.6k | |
| Director | less than a year | US$134.48k | no data | |
| Independent Director | less than a year | US$104.83k | no data | |
| Independent Director | 6.8yrs | no data | no data | |
| Independent Director | 1.1yrs | no data | no data | |
| Independent Director | 1.9yrs | US$193.00k | 0% $ 0 |
4.3yrs
Average Tenure
55yo
Average Age
Experienced Board: FWRG's board of directors are considered experienced (4.3 years average tenure).