First Watch Restaurant Group Management
Management criteria checks 2/4
First Watch Restaurant Group's CEO is Chris Tomasso, appointed in Aug 2017, has a tenure of 8.58 years. total yearly compensation is $4.92M, comprised of 18.4% salary and 81.6% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth $845.58K. The average tenure of the management team and the board of directors is 4.8 years and 2.7 years respectively.
Key information
Chris Tomasso
Chief executive officer
US$4.9m
Total compensation
| CEO salary percentage | 18.40% |
| CEO tenure | 8.6yrs |
| CEO ownership | 0.1% |
| Management average tenure | 4.8yrs |
| Board average tenure | 2.7yrs |
Recent management updates
Recent updates
First Watch Restaurant: The Risk I Flagged Is Now In The Price
Feb 25
Expanding Daytime Dining Footprint Will Unlock Long Runway For Breakfast And Brunch
Catalysts About First Watch Restaurant Group First Watch Restaurant Group operates a growing, full service daytime dining concept focused on breakfast, brunch and lunch across the United States. What are the underlying business or industry changes driving this perspective?First Watch Restaurant Group, Inc. Just Missed EPS By 25%: Here's What Analysts Think Will Happen Next
Nov 08
First Watch Restaurant Group (NASDAQ:FWRG) Is Looking To Continue Growing Its Returns On Capital
Jul 31Here's Why First Watch Restaurant Group (NASDAQ:FWRG) Is Weighed Down By Its Debt Load
Jul 04Market Cool On First Watch Restaurant Group, Inc.'s (NASDAQ:FWRG) Revenues
Jun 13First Watch Restaurant Group, Inc. Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next
May 09Calculating The Fair Value Of First Watch Restaurant Group, Inc. (NASDAQ:FWRG)
May 07First Watch Restaurant Group (NASDAQ:FWRG) Shareholders Will Want The ROCE Trajectory To Continue
Apr 19Is First Watch Restaurant Group (NASDAQ:FWRG) Using Too Much Debt?
Apr 03First Watch Restaurant: Why Daytime Meals Aren't My Bet For Q1
Mar 16Is It Too Late To Consider Buying First Watch Restaurant Group, Inc. (NASDAQ:FWRG)?
Mar 12Why Investors Shouldn't Be Surprised By First Watch Restaurant Group, Inc.'s (NASDAQ:FWRG) 25% Share Price Surge
Feb 19First Watch Restaurant: A Dull Morning In Q4 Overshadowed By Other Family Dining Competitors
Jan 21When Should You Buy First Watch Restaurant Group, Inc. (NASDAQ:FWRG)?
Dec 11First Watch Restaurant: Between Hurricanes And Acquisitions, The Sun Shines
Nov 18Market Participants Recognise First Watch Restaurant Group, Inc.'s (NASDAQ:FWRG) Earnings Pushing Shares 53% Higher
Nov 12Investors Will Want First Watch Restaurant Group's (NASDAQ:FWRG) Growth In ROCE To Persist
Oct 18
Tech-Driven Efficiency And Expansion Fuel Restaurant Chain's Robust Growth Outlook
Implementation of technology and analytics is poised to enhance operational efficiency and improve customer engagement, impacting revenue growth positively.First Watch Restaurant: A Non-Traditional Recipe For Dealing With Traffic
Sep 14Why We're Not Concerned About First Watch Restaurant Group, Inc.'s (NASDAQ:FWRG) Share Price
Sep 04Is It Too Late To Consider Buying First Watch Restaurant Group, Inc. (NASDAQ:FWRG)?
Aug 09First Watch Restaurant: The Price For Maintaining Pricing
Jul 03First Watch Restaurant Group (NASDAQ:FWRG) Shareholders Will Want The ROCE Trajectory To Continue
Jul 02First Watch Restaurant Group's (NASDAQ:FWRG) Earnings May Just Be The Starting Point
May 21These 4 Measures Indicate That First Watch Restaurant Group (NASDAQ:FWRG) Is Using Debt Reasonably Well
May 10First Watch Restaurant: Traffic Slowdown Doesn't Disturb The Growth Story
May 09First Watch Restaurant Group, Inc.'s (NASDAQ:FWRG) Share Price Matching Investor Opinion
Apr 25Is There Now An Opportunity In First Watch Restaurant Group, Inc. (NASDAQ:FWRG)?
Apr 02CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 28 2025 | n/a | n/a | US$19m |
| Sep 28 2025 | n/a | n/a | US$5m |
| Jun 29 2025 | n/a | n/a | US$4m |
| Mar 30 2025 | n/a | n/a | US$11m |
| Dec 29 2024 | US$5m | US$906k | US$19m |
| Sep 29 2024 | n/a | n/a | US$21m |
| Jun 30 2024 | n/a | n/a | US$24m |
| Mar 31 2024 | n/a | n/a | US$23m |
| 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$50m |
Compensation vs Market: Chris's total compensation ($USD4.92M) is above average for companies of similar size in the US market ($USD3.43M).
Compensation vs Earnings: Chris's compensation has been consistent with company performance over the past year.
CEO
Chris Tomasso (55 yo)
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 | 8.6yrs | US$4.92m | 0.12% $ 845.6k | |
| CFO & Treasurer | 6.3yrs | US$1.62m | 0.058% $ 416.6k | |
| Chief Legal Officer | 6.3yrs | US$1.44m | 0.018% $ 125.8k | |
| Chief Operations Officer | 4.4yrs | no data | 0.021% $ 153.6k | |
| Senior Vice President of Accounting & Financial Reporting | 2.2yrs | no data | no data | |
| Chief Information Officer | 1.5yrs | no data | no data | |
| Vice President of Investor Relations | no data | no data | no data | |
| Chief People Officer | 4.5yrs | US$549.45k | 0.065% $ 462.9k | |
| Senior Vice President of Culinary Strategy of First Watch Restaurants Inc | 4.8yrs | no data | no data | |
| Senior Vice President of Supply Chain of First Watch Restaurants | 4.8yrs | no data | no data | |
| Executive VP & Chief Development Officer | 9.3yrs | US$1.12m | 0.069% $ 494.4k | |
| Chief Brand Officer | 6.9yrs | no data | 0.0073% $ 52.4k |
Experienced Management: FWRG's management team is considered experienced (4.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO, President & Director | 6.3yrs | US$4.92m | 0.12% $ 845.6k | |
| Independent Director | 1.3yrs | US$157.16k | no data | |
| Independent Director | 6.3yrs | US$185.83k | 0.094% $ 674.0k | |
| Independent Chairman | 6.3yrs | US$248.50k | 0.66% $ 4.7m | |
| Independent Director | 2.7yrs | US$185.00k | 0.0087% $ 62.1k | |
| Independent Director | 2.3yrs | US$180.00k | 0.0086% $ 61.6k | |
| Independent Director | 1.6yrs | US$173.93k | 0.025% $ 175.5k | |
| Independent Director | 3.8yrs | US$192.50k | 0.021% $ 152.4k | |
| Director | less than a year | no data | no data |
Experienced Board: FWRG's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/03/13 21:28 |
| End of Day Share Price | 2026/03/13 00:00 |
| Earnings | 2025/12/28 |
| Annual Earnings | 2025/12/28 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
First Watch Restaurant Group, Inc. is covered by 14 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jeffrey Bernstein | Barclays |
| Jeffrey Bernstein | Barclays |
| Todd Brooks | Benchmark Company |