Brinker International 8-K: Officer Changes & Compensation
Ticker: EAT · Form: 8-K · Filed: 2024-02-26T00:00:00.000Z
Sentiment: neutral
Topics: executive-changes, compensatory-arrangements, corporate-governance
TL;DR
**Brinker International just dropped an 8-K about executive changes and pay, keep an eye on leadership shifts!**
AI Summary
Brinker International, Inc. filed an 8-K on February 22, 2024, reporting on the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements. The filing also included other events and financial statements and exhibits. The company, based in Dallas, TX, operates in the retail-eating places sector.
Why It Matters
This filing signals potential shifts in leadership and executive compensation at Brinker International, which could influence future strategic direction and financial performance.
Risk Assessment
Risk Level: low — The 8-K is a standard disclosure of corporate events, not indicating immediate financial distress or major operational risks.
Key Players & Entities
- BRINKER INTERNATIONAL, INC. (company) — Registrant
- February 22, 2024 (date) — Date of earliest event reported
- Dallas, TX (location) — Principal executive offices
- DE (location) — State of Incorporation
- 001-10275 (other) — Commission File Number
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 22, 2024.
What is the full name of the registrant company?
The full name of the registrant company is BRINKER INTERNATIONAL, INC.
Where are Brinker International, Inc.'s principal executive offices located?
Brinker International, Inc.'s principal executive offices are located at 3000 Olympus Blvd, Dallas, TX 75019.
What items were reported in this 8-K filing?
This 8-K filing reported on the Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers, Other Events, and Financial Statements and Exhibits.
What is Brinker International, Inc.'s state of incorporation?
Brinker International, Inc.'s state of incorporation is DE (Delaware).
Filing Stats: 880 words · 4 min read · ~3 pages · Grade level 10.1 · Accepted 2024-02-26 16:33:40
Key Financial Figures
- $0.10 — ange on which registered Common Stock, $0.10 par value EAT NYSE Check the appropr
- $650,520 — earn his current annual base salary of $650,520 through the Separation Date and will re
- $450,000 — Ware will earn an annual base salary of $450,000. She will be entitled to participate in
- $575,000 — annual award expected to be a value of $575,000 granted in a mix of restricted stock un
Filing Documents
- eat-20240222.htm (8-K) — 33KB
- pressreleaseleadershipchan.htm (EX-99.1) — 8KB
- eat-20240222_g1.jpg (GRAPHIC) — 107KB
- 0000703351-24-000009.txt ( ) — 424KB
- eat-20240222.xsd (EX-101.SCH) — 2KB
- eat-20240222_def.xml (EX-101.DEF) — 15KB
- eat-20240222_lab.xml (EX-101.LAB) — 29KB
- eat-20240222_pre.xml (EX-101.PRE) — 16KB
- eat-20240222_htm.xml (XML) — 3KB
01. Other Events
Item 8.01. Other Events In a Press Release today, the Company announced the appointment of Chris Caldwell as Senior Vice President and Chief Information Officer of the Company. Mr. Caldwell has most recently served at Yum! Brands as Chief Technology Officer for KFC. A copy of the Press Release is attached as Exhibit 99.1 to this Current Report on Form 8-K. SECTION 9 - FINANCIAL STATEMENTS AND EXHIBITS
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits (d) Exhibits. 99.1 Brinker International Announces Executive Leadership Team Appointments Chief Financial Officer , Joe Taylor to Retire at the End of Fiscal 2024 , Mika Ware to Succeed as Chief Financial Officer in Fiscal 2025 , Chris Caldwell Appointed Chief Information Officer Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BRINKER INTERNATIONAL, INC., a Delaware corporation Dated: February 26, 2024 By: /s/ KEVIN D. HOCHMAN Kevin D. Hochman, Chief Executive Officer and President and President of Chili's Grill & Bar (Principal Executive Officer)