RBI Names New Chief Legal Officer, CLO Departs
Ticker: RSTRF · Form: 8-K · Filed: Mar 14, 2024 · CIK: 1618755
| Field | Detail |
|---|---|
| Company | Restaurant Brands International Limited Partnership (RSTRF) |
| Form Type | 8-K |
| Filed Date | Mar 14, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $625,000, $685,000, $42,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-change, legal, compensation
Related Tickers: RBI
TL;DR
RBI's CLO is out, new one in. Wilson takes over March 16th.
AI Summary
Restaurant Brands International Inc. (RBI) announced on March 12, 2024, the departure of its Chief Legal Officer, David Shear, effective March 15, 2024. The company also appointed Sarah Wilson as the new Chief Legal Officer, effective March 16, 2024. Additionally, RBI disclosed compensatory arrangements for its named executive officers, including Sarah Wilson.
Why It Matters
This filing indicates a leadership change in a key legal role within Restaurant Brands International, which could impact corporate governance and legal strategy.
Risk Assessment
Risk Level: low — The filing reports routine executive changes and compensatory arrangements, which are common and generally do not pose significant immediate risk.
Key Players & Entities
- Restaurant Brands International Inc. (company) — Registrant
- David Shear (person) — Departing Chief Legal Officer
- March 15, 2024 (date) — Effective date of David Shear's departure
- Sarah Wilson (person) — Appointed Chief Legal Officer
- March 16, 2024 (date) — Effective date of Sarah Wilson's appointment
FAQ
Who is the departing Chief Legal Officer of Restaurant Brands International?
David Shear is the departing Chief Legal Officer of Restaurant Brands International.
When is David Shear's departure effective?
David Shear's departure is effective March 15, 2024.
Who has been appointed as the new Chief Legal Officer?
Sarah Wilson has been appointed as the new Chief Legal Officer.
When is Sarah Wilson's appointment effective?
Sarah Wilson's appointment is effective March 16, 2024.
What other information is disclosed regarding executive compensation?
The filing also discloses compensatory arrangements for the named executive officers, including Sarah Wilson.
Filing Stats: 1,202 words · 5 min read · ~4 pages · Grade level 11.7 · Accepted 2024-03-14 06:39:34
Key Financial Figures
- $625,000 — se to Mr. Siddiqui's annual salary from $625,000 to $685,000, while his annual target bo
- $685,000 — ddiqui's annual salary from $625,000 to $685,000, while his annual target bonus opportun
- $42,000 — k to the U.S. and a lump sum payment of $42,000 in lieu of post-employment health and w
Filing Documents
- qsr-20240312.htm (8-K) — 43KB
- pressreleasemarch142024.htm (EX-99) — 13KB
- rbimasterlogorgba.jpg (GRAPHIC) — 318KB
- 0001618755-24-000021.txt ( ) — 614KB
- qsr-20240312.xsd (EX-101.SCH) — 3KB
- qsr-20240312_def.xml (EX-101.DEF) — 14KB
- qsr-20240312_lab.xml (EX-101.LAB) — 26KB
- qsr-20240312_pre.xml (EX-101.PRE) — 15KB
- qsr-20240312_htm.xml (XML) — 4KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99 Press Release dated March 14, 2024. 104 Cover Page Interactive Data File – the cover page XBRL tags are embedded within the Inline XBRL document.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. RESTAURANT BRANDS INTERNATIONAL INC. RESTAURANT BRANDS INTERNATIONAL LIMITED PARTNERSHIP, by its general partner RESTAURANT BRANDS INTERNATIONAL INC. Date: March 14, 2024 /s/ Jill Granat Name: Jill Granat Title: General Counsel and Corporate Secretary