Meritage Hospitality Group Management
Management criteria checks 3/4
Meritage Hospitality Group's CEO is Robert Schermer, appointed in Oct 1998, has a tenure of 25.5 years. directly owns 36.8% of the company’s shares, worth $42.74M. The average tenure of the management team and the board of directors is 6.6 years and 10.4 years respectively.
Key information
Robert Schermer
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 25.5yrs |
| CEO ownership | 36.8% |
| Management average tenure | 6.6yrs |
| Board average tenure | 10.4yrs |
Recent management updates
Recent updates
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Dec 31 2023 | n/a | n/a | US$4m |
| Jan 01 2023 | n/a | n/a | US$6m |
| Jan 02 2022 | US$2m | US$316k | US$15m |
| Jan 03 2021 | US$2m | US$287k | US$13m |
| Dec 29 2019 | US$2m | US$261k | US$10m |
| Dec 30 2018 | n/a | n/a | US$12m |
| Dec 31 2017 | US$232k | US$221k | US$8m |
Compensation vs Market: Insufficient data to establish whether Robert's total compensation is reasonable compared to companies of similar size in the US market.
Compensation vs Earnings: Robert's compensation has been consistent with company performance over the past year.
CEO
Robert Schermer (64 yo)
25.5yrs
Tenure
US$2,398,310
Compensation
Mr. Robert E. Schermer Jr., has been the Chief Executive Officer of Meritage Hospitality Group Inc. since October 6, 1998. Previously, Mr. Schermer served as the President of Meritage Hospitality Group Inc...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 25.5yrs | US$2.40m | 36.8% $ 42.7m | |
| President | 18.1yrs | US$2.36m | 15.66% $ 18.2m | |
| CFO, VP | 7.9yrs | US$1.11m | 2.53% $ 2.9m | |
| Director of Accounting | no data | no data | no data | |
| General Counsel | 5.3yrs | no data | no data | |
| Director of Operations Support & Marketing | no data | no data | no data | |
| Vice President of Human Resources | 5.2yrs | no data | no data | |
| Executive Vice President of Wendy’s Operations | 5.3yrs | no data | no data |
6.6yrs
Average Tenure
62yo
Average Age
Experienced Management: MHGU's management team is seasoned and experienced (6.6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| CEO & Director | 28.3yrs | US$2.40m | 36.8% $ 42.7m | |
| President | 6.9yrs | US$2.36m | 15.66% $ 18.2m | |
| Independent Director | 18.8yrs | US$33.97k | 2.05% $ 2.4m | |
| Director | 28.3yrs | US$11.30k | 3.31% $ 3.8m | |
| Director | 5.7yrs | US$33.97k | 0.64% $ 743.4k | |
| Director | 13.9yrs | US$11.30k | 9.29% $ 10.8m | |
| Director | 1.4yrs | no data | no data | |
| Director | 3.8yrs | US$11.30k | 0.18% $ 204.9k |
10.4yrs
Average Tenure
65yo
Average Age
Experienced Board: MHGU's board of directors are seasoned and experienced ( 10.4 years average tenure).