Waitr Holdings Management
Management criteria checks 3/4
Waitr Holdings' CEO is Carl Grimstad, appointed in Jan 2020, has a tenure of 4.25 years. total yearly compensation is $6.23M, comprised of 16.1% salary and 83.9% bonuses, including company stock and options. directly owns 0.97% of the company’s shares, worth $11.73K. The average tenure of the management team and the board of directors is 3.8 years and 4.1 years respectively.
Key information
Carl Grimstad
Chief executive officer
US$6.2m
Total compensation
| CEO salary percentage | 16.1% |
| CEO tenure | 4.3yrs |
| CEO ownership | 1.0% |
| Management average tenure | 3.8yrs |
| Board average tenure | 4.1yrs |
Recent management updates
Recent updates
ASAP Is Still An Easy Pass
Sep 07ASAP, Inc. Stock: Name Change From Waitr Doesn't Fix The Sinking Financials
Aug 26Waitr Holdings changes name to ASAP
Aug 15Waitr to be known as ASAP drops 18% after Q2 results
Aug 09One Waitr Holdings Inc. (NASDAQ:WTRH) Analyst Just Cut Their EPS Forecasts
Mar 16
Waitr Continues With Dilutive Acquisitions While Searching For A New Business Model
Feb 15We Think Waitr Holdings' (NASDAQ:WTRH) Healthy Earnings Might Be Conservative
Nov 09If Waitr Holdings Improves Its User Experience, The Share Price Could Increase By More Than 45%
Oct 28An Intrinsic Calculation For Waitr Holdings Inc. (NASDAQ:WTRH) Suggests It's 46% Undervalued
Oct 18Waitr: Deep Value In A Frothy Market
Jul 19Waitr slumps 11% despite a revenue beat for Q1
May 07Waitr adds Red Robin to its delivery platform
May 03Waitr Holdings: Worthy Of Investment
Dec 24Waitr Holdings: Cheap, Growing, And Profitable, Unlike Its Peers
Nov 19CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2023 | n/a | n/a | -US$70m |
| Jun 30 2023 | n/a | n/a | -US$138m |
| Mar 31 2023 | n/a | n/a | -US$137m |
| Dec 31 2022 | US$6m | US$1m | -US$207m |
| Sep 30 2022 | n/a | n/a | -US$170m |
| Jun 30 2022 | n/a | n/a | -US$85m |
| Mar 31 2022 | n/a | n/a | -US$79m |
| Dec 31 2021 | US$11m | US$1m | -US$5m |
| Sep 30 2021 | n/a | n/a | US$6m |
| Jun 30 2021 | n/a | n/a | -US$2m |
| Mar 31 2021 | n/a | n/a | US$14m |
| Dec 31 2020 | US$7m | US$965k | US$16m |
Compensation vs Market: Carl's total compensation ($USD6.23M) is above average for companies of similar size in the US market ($USD660.01K).
Compensation vs Earnings: Carl's compensation has been consistent with company performance over the past year.
CEO
Carl Grimstad (55 yo)
4.3yrs
Tenure
US$6,227,996
Compensation
Mr. Carl A. Grimstad has been Chief Executive Officer and Non-Independent Director of Waitr Holdings Inc since January 3, 2020 and also serves as its Non-Independent Chairman since March 3, 2020. Mr. Grims...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Non-Independent Chairman | 4.3yrs | US$6.23m | 0.97% $ 11.7k | |
| General Counsel | 3.8yrs | US$599.87k | 0.20% $ 2.4k | |
| Chief Marketing Officer & Co-Founder | no data | no data | no data | |
| Chief Accounting Officer & CFO | 2.6yrs | no data | 0.032% $ 389.8 | |
| Chief Technology Officer | 2.3yrs | no data | 0.041% $ 497.3 | |
| Chief of Corporate Development | 5.2yrs | no data | no data | |
| Chief Engagement Officer | 3.8yrs | US$475.00k | 0.14% $ 1.7k |
3.8yrs
Average Tenure
53.5yo
Average Age
Experienced Management: ASAP's management team is considered experienced (3.8 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Non-Independent Chairman | 4.3yrs | US$6.23m | 0.97% $ 11.7k | |
| Independent Director | 4yrs | US$25.00k | 0.12% $ 1.4k | |
| Non-Independent Director | 5.4yrs | no data | no data | |
| Independent Director | 2yrs | US$25.00k | no data |
4.1yrs
Average Tenure
58yo
Average Age
Experienced Board: ASAP's board of directors are considered experienced (4.1 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/04/01 04:43 |
| End of Day Share Price | 2024/04/01 00:00 |
| Earnings | 2023/09/30 |
| Annual Earnings | 2022/12/31 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* 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 here.
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 .
Analyst Sources
Waitr Holdings Inc. is covered by 7 analysts. 0 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 |
|---|---|
| Daniel Kurnos | Benchmark Company |
| Jeffrey Van Sinderen | B. Riley Securities, Inc. |
| Alex Fuhrman | Craig-Hallum Capital Group LLC |