Noodles Management

Management criteria checks 3/4

Noodles' CEO is Drew Madsen, appointed in Nov 2023, has a tenure of less than a year. 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 $297.36K. The average tenure of the management team and the board of directors is 3.3 years and 6.8 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 tenure3.3yrs
Board average tenure6.8yrs

Recent management updates

Recent updates

The Returns On Capital At Noodles (NASDAQ:NDLS) Don't Inspire Confidence

Jun 12
The Returns On Capital At Noodles (NASDAQ:NDLS) Don't Inspire Confidence

These 4 Measures Indicate That Noodles (NASDAQ:NDLS) Is Using Debt In A Risky Way

May 22
These 4 Measures Indicate That Noodles (NASDAQ:NDLS) Is Using Debt In A Risky Way

Investors Don't See Light At End Of Noodles & Company's (NASDAQ:NDLS) Tunnel And Push Stock Down 27%

Apr 28
Investors Don't See Light At End Of Noodles & Company's (NASDAQ:NDLS) Tunnel And Push Stock Down 27%

Why Investors Shouldn't Be Surprised By Noodles & Company's (NASDAQ:NDLS) 28% Share Price Plunge

Mar 14
Why Investors Shouldn't Be Surprised By Noodles & Company's (NASDAQ:NDLS) 28% Share Price Plunge

Noodles' (NASDAQ:NDLS) Returns On Capital Not Reflecting Well On The Business

Mar 10
Noodles' (NASDAQ:NDLS) Returns On Capital Not Reflecting Well On The Business

Here's Why Noodles (NASDAQ:NDLS) Has A Meaningful Debt Burden

Jan 12
Here's Why Noodles (NASDAQ:NDLS) Has A Meaningful Debt Burden

Noodles & Company (NASDAQ:NDLS) Looks Inexpensive But Perhaps Not Attractive Enough

Nov 02
Noodles & Company (NASDAQ:NDLS) Looks Inexpensive But Perhaps Not Attractive Enough

Is Noodles (NASDAQ:NDLS) A Risky Investment?

Aug 16
Is Noodles (NASDAQ:NDLS) A Risky Investment?

There Are Reasons To Feel Uneasy About Noodles' (NASDAQ:NDLS) Returns On Capital

May 12
There Are Reasons To Feel Uneasy About Noodles' (NASDAQ:NDLS) Returns On Capital

Does Noodles (NASDAQ:NDLS) Have A Healthy Balance Sheet?

Apr 14
Does Noodles (NASDAQ:NDLS) Have A Healthy Balance Sheet?

Noodles (NASDAQ:NDLS) Might Have The Makings Of A Multi-Bagger

Jan 15
Noodles (NASDAQ:NDLS) Might Have The Makings Of A Multi-Bagger

Noodles & Company: High-Risk, High-Reward

Oct 09

Noodles & Company (NASDAQ:NDLS) Shares Could Be 46% Below Their Intrinsic Value Estimate

Sep 02
Noodles & Company (NASDAQ:NDLS) Shares Could Be 46% Below Their Intrinsic Value Estimate

Noodles (NASDAQ:NDLS) Has A Somewhat Strained Balance Sheet

Aug 03
Noodles (NASDAQ:NDLS) Has A Somewhat Strained Balance Sheet

Noodles & Company GAAP EPS of $0.03 misses by $0.04, revenue of $131.1M beats by $0.19M

Jul 27

Returns Are Gaining Momentum At Noodles (NASDAQ:NDLS)

Jul 11
Returns Are Gaining Momentum At Noodles (NASDAQ:NDLS)

Is Noodles (NASDAQ:NDLS) Using Too Much Debt?

Mar 18
Is Noodles (NASDAQ:NDLS) Using Too Much Debt?

Calculating The Intrinsic Value Of Noodles & Company (NASDAQ:NDLS)

Feb 28
Calculating The Intrinsic Value Of Noodles & Company (NASDAQ:NDLS)

Noodles (NASDAQ:NDLS) Shareholders Will Want The ROCE Trajectory To Continue

Feb 11
Noodles (NASDAQ:NDLS) Shareholders Will Want The ROCE Trajectory To Continue

Noodles & Co.: Further Weakness Should Present A Buying Opportunity

Feb 07

Noodles & Company: Growth At A Very Reasonable Price

Nov 24

Noodles & Company: On Track For An Earnings Breakout In 2022

Oct 25

Noodles & Company: Another Solid Quarter For This Turnaround Story

Aug 12

CEO Compensation Analysis

How has Drew Madsen's remuneration changed compared to Noodles's earnings?
DateTotal CompensationSalaryCompany Earnings
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 ($USD634.00K) is about average for companies of similar size in the US market ($USD667.63K).

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%
$ 297.4k
Michael Hynes
Chief Financial Officerless than a yearUS$496.12kno data
Thomas West
Chief Operating Officer6.8yrsUS$780.73k0.24%
$ 226.8k
Melissa Heidman
Executive VP6.5yrsUS$705.13k0.34%
$ 317.0k
Kathryn Lockhart
VP & Chief Accounting Officer3.8yrsUS$391.65k0.057%
$ 53.7k
Corey Kline
Executive Vice President of Technology3.3yrsno data0.14%
$ 133.9k
Sue Petersen
Executive Vice President of Inclusion3.3yrsno data0.11%
$ 106.6k

3.3yrs

Average Tenure

59yo

Average Age

Experienced Management: NDLS's management team is considered experienced (3.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Andrew Madsen
CEO & Director6.8yrsUS$634.00k0.32%
$ 297.4k
Thomas Lynch
Independent Director1.1yrsUS$112.31kno data
Jeffrey Jones
Independent Chairman Of the Board10.8yrsUS$270.00k0.41%
$ 384.0k
Robert Hartnett
Independent Director7.9yrsUS$181.35k0.41%
$ 379.2k
Shawn Taylor
Independent Director3.5yrsUS$165.00k0.19%
$ 175.3k
Mary Egan
Independent Director6.8yrsUS$175.00k0.21%
$ 198.7k
Elisa Schreiber
Independent Director4.5yrsUS$160.00k0.19%
$ 174.4k

6.8yrs

Average Tenure

64yo

Average Age

Experienced Board: NDLS's board of directors are considered experienced (6.8 years average tenure).


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