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 $256.95K. The average tenure of the management team and the board of directors is 3.5 years and 6.7 years respectively.
Key information
Drew Madsen
Chief executive officer
US$634.0k
Total compensation
| CEO salary percentage | 9.7% |
| CEO tenure | less than a year |
| CEO ownership | 0.3% |
| Management average tenure | 3.5yrs |
| Board average tenure | 6.7yrs |
Recent management updates
Recent updates
Investors Don't See Light At End Of Noodles & Company's (NASDAQ:NDLS) Tunnel And Push Stock Down 27%
Apr 28
Why Investors Shouldn't Be Surprised By Noodles & Company's (NASDAQ:NDLS) 28% Share Price Plunge
Mar 14Noodles' (NASDAQ:NDLS) Returns On Capital Not Reflecting Well On The Business
Mar 10Here's Why Noodles (NASDAQ:NDLS) Has A Meaningful Debt Burden
Jan 12Noodles & Company (NASDAQ:NDLS) Looks Inexpensive But Perhaps Not Attractive Enough
Nov 02Is Noodles (NASDAQ:NDLS) A Risky Investment?
Aug 16There Are Reasons To Feel Uneasy About Noodles' (NASDAQ:NDLS) Returns On Capital
May 12Does Noodles (NASDAQ:NDLS) Have A Healthy Balance Sheet?
Apr 14Noodles (NASDAQ:NDLS) Might Have The Makings Of A Multi-Bagger
Jan 15Noodles & Company: High-Risk, High-Reward
Oct 09Noodles & Company (NASDAQ:NDLS) Shares Could Be 46% Below Their Intrinsic Value Estimate
Sep 02Noodles (NASDAQ:NDLS) Has A Somewhat Strained Balance Sheet
Aug 03Noodles & Company GAAP EPS of $0.03 misses by $0.04, revenue of $131.1M beats by $0.19M
Jul 27Returns Are Gaining Momentum At Noodles (NASDAQ:NDLS)
Jul 11Is Noodles (NASDAQ:NDLS) Using Too Much Debt?
Mar 18Calculating The Intrinsic Value Of Noodles & Company (NASDAQ:NDLS)
Feb 28Noodles (NASDAQ:NDLS) Shareholders Will Want The ROCE Trajectory To Continue
Feb 11Noodles & Co.: Further Weakness Should Present A Buying Opportunity
Feb 07Noodles & Company: Growth At A Very Reasonable Price
Nov 24Noodles & Company: On Track For An Earnings Breakout In 2022
Oct 25Noodles & Company: Another Solid Quarter For This Turnaround Story
Aug 12CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jan 02 2024 | US$634k | US$62k | -US$10m |
| Oct 03 2023 | n/a | n/a | -US$3m |
| Jul 04 2023 | n/a | n/a | -US$3m |
| Apr 04 2023 | n/a | n/a | US$0 |
| Jan 03 2023 | US$145k | n/a | -US$3m |
| Sep 27 2022 | n/a | n/a | -US$9m |
| Jun 28 2022 | n/a | n/a | -US$5m |
| Mar 29 2022 | n/a | n/a | -US$787k |
| Dec 28 2021 | US$124k | n/a | US$4m |
| Sep 28 2021 | n/a | n/a | US$5m |
| Jun 29 2021 | n/a | n/a | -US$240k |
| Mar 30 2021 | n/a | n/a | -US$19m |
| Dec 29 2020 | US$116k | n/a | -US$23m |
| Sep 29 2020 | n/a | n/a | -US$21m |
| Jun 30 2020 | n/a | n/a | -US$16m |
| Mar 31 2020 | n/a | n/a | -US$2m |
| Dec 31 2019 | US$115k | n/a | US$2m |
| Oct 01 2019 | n/a | n/a | US$3m |
| Jul 02 2019 | n/a | n/a | -US$344k |
| Apr 02 2019 | n/a | n/a | -US$7m |
| Jan 01 2019 | n/a | n/a | -US$8m |
| Oct 02 2018 | n/a | n/a | -US$9m |
| Jul 03 2018 | n/a | n/a | -US$18m |
| Apr 03 2018 | n/a | n/a | -US$21m |
| Jan 02 2018 | n/a | n/a | -US$45m |
Compensation vs Market: Drew's total compensation ($USD634.00K) is about average for companies of similar size in the US market ($USD663.07K).
Compensation vs Earnings: Drew's compensation has increased whilst the company is unprofitable.
CEO
Drew Madsen (67 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | less than a year | US$634.00k | 0.32% $ 256.9k | |
| Chief Financial Officer | less than a year | US$496.12k | no data | |
| Chief Operating Officer | 6.7yrs | US$780.73k | 0.24% $ 189.8k | |
| Executive VP | 6.4yrs | US$705.13k | 0.16% $ 125.9k | |
| Chief Marketing Officer | 4.4yrs | US$790.62k | 0.18% $ 146.9k | |
| VP & Chief Accounting Officer | 3.8yrs | US$391.65k | 0.057% $ 46.4k | |
| Executive Vice President of Technology | 3.2yrs | no data | 0.11% $ 89.0k | |
| Executive Vice President of Inclusion | 3.2yrs | no data | 0.11% $ 92.1k |
3.5yrs
Average Tenure
56.5yo
Average Age
Experienced Management: NDLS's management team is considered experienced (3.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 6.7yrs | US$634.00k | 0.32% $ 256.9k | |
| Independent Director | less than a year | US$112.31k | no data | |
| Independent Chairman Of the Board | 10.7yrs | US$270.00k | 0.32% $ 259.6k | |
| Independent Director | 7.8yrs | US$181.35k | 0.35% $ 279.6k | |
| Independent Director | 3.4yrs | US$165.00k | 0.13% $ 103.3k | |
| Independent Director | 6.7yrs | US$175.00k | 0.15% $ 123.6k | |
| Independent Director | 4.4yrs | US$160.00k | 0.13% $ 102.6k |
6.7yrs
Average Tenure
63yo
Average Age
Experienced Board: NDLS's board of directors are considered experienced (6.7 years average tenure).