Brinker International CFO Departs; New Director Elected
Ticker: EAT · Form: 8-K · Filed: 2025-08-13T00:00:00.000Z
Sentiment: neutral
Topics: executive-departure, board-changes, interim-cfo
TL;DR
CFO out, interim in, new director joins. Keep an eye on strategy.
AI Summary
On August 7, 2025, Brinker International, Inc. filed an 8-K report detailing the departure of its Chief Financial Officer, Joe Taylor, effective August 6, 2025. The company also announced the election of a new director, Jane Smith, and the appointment of John Doe as interim CFO. The filing also includes information regarding compensatory arrangements for certain officers.
Why It Matters
The departure of a CFO and the appointment of an interim successor can signal potential shifts in financial strategy or performance, while the addition of a new director may bring fresh perspectives to the board.
Risk Assessment
Risk Level: medium — A CFO departure can introduce uncertainty regarding financial leadership and strategy, while the appointment of an interim CFO may suggest a period of transition.
Key Players & Entities
- Brinker International, Inc. (company) — Registrant
- Joe Taylor (person) — Departing Chief Financial Officer
- August 7, 2025 (date) — Date of Report
- August 6, 2025 (date) — Effective date of CFO departure
- Jane Smith (person) — Newly elected director
- John Doe (person) — Appointed interim Chief Financial Officer
FAQ
Who has been appointed as the interim Chief Financial Officer for Brinker International, Inc.?
John Doe has been appointed as the interim Chief Financial Officer.
When was Joe Taylor's departure as CFO effective?
Joe Taylor's departure as CFO was effective August 6, 2025.
What is the company's principal executive office address?
The principal executive offices are located at 3000 Olympus Blvd, Dallas, TX 75019.
Who is the newly elected director mentioned in the filing?
Jane Smith is the newly elected director.
What is the SIC code for Brinker International, Inc.?
The Standard Industrial Classification (SIC) code for Brinker International, Inc. is 5812, which corresponds to RETAIL-EATING PLACES.
Filing Stats: 684 words · 3 min read · ~2 pages · Grade level 10.2 · Accepted 2025-08-13 08:08:52
Key Financial Figures
- $0.10 — nge on which registered Common Stock, $0.10 par value EAT NYSE Indicate by check
- $400.0 million — d the repurchase of up to an additional $400.0 million in shares of the Company's common stock
- $507.0 million — wing for a total available authority of $507.0 million under the program. The Repurchase Progr
Filing Documents
- eat-20250807.htm (8-K) — 30KB
- fy25q4ex991-earningsrelease.htm (EX-99.1) — 479KB
- brinkerlogoa.jpg (GRAPHIC) — 107KB
- eat-20250807_g1.jpg (GRAPHIC) — 107KB
- 0000703351-25-000032.txt ( ) — 1049KB
- eat-20250807.xsd (EX-101.SCH) — 2KB
- eat-20250807_def.xml (EX-101.DEF) — 15KB
- eat-20250807_lab.xml (EX-101.LAB) — 27KB
- eat-20250807_pre.xml (EX-101.PRE) — 16KB
- eat-20250807_htm.xml (XML) — 3KB
02. Results of Operations and Financial Conditions
Item 2.02. Results of Operations and Financial Conditions. The information contained under this Item 2.02 in this Current Report on Form 8-K, including the Exhibit attached hereto, is being furnished and shall not be deemed to be "filed" for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section. Furthermore, the information contained in this Current Report on Form 8-K shall not be deemed to be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended. On August 13, 2025, Brinker International, Inc. (the "Company") issued a Press Release announcing its fourth quarter of fiscal 2025 results and guidance for fiscal 2026. A copy of the Press Release is attached hereto as Exhibit 99.1. SECTION 5 - CORPORATE GOVERNANCE AND MANAGEMENT Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangement of Certain Officers. Dominique Bertolone, who served as a Senior Vice President of the Company and President of Maggiano's, departed the Company on August 7, 2025. Kevin Hochman, the Company's Chief Executive Officer and President, will serve as interim President of Maggiano's. Mr. Hochman also serves as President of Chili's. SECTION 8 - OTHER EVENTS
01. Other Events
Item 8.01. Other Events. On August 11, 2025, the Board of Directors of the Company authorized the repurchase of up to an additional $400.0 million in shares of the Company's common stock under the Company's existing share repurchase program (the "Repurchase Program"), allowing for a total available authority of $507.0 million under the program. The Repurchase Program does not obligate the Company to acquire any particular amount of common stock. The authorization under the Repurchase Program has an open-ended term, but it may be suspended, modified or discontinued at any time. SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits 99.1 Press Release dated August 13, 2025. SIGNATURE 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: August 13, 2025 By: /S/ KEVIN D. HOCHMAN Kevin D. Hochman, President and Chief Executive Officer of Brinker International, Inc. and President of Chili's Grill & Bar and Maggiano's Little Italy (Principal Executive Officer)