Carl T. Berquist is the CEO of Cracker Barrel Old Country Store, a role he took on in January 2019. He has a strong background in finance, having previously served as the Chief Financial Officer of Marriott International from 2009...

Current Market Cap

$1.04B

Number of Employees

77K

Total Compensation

2020 - 2022

Trending up by 0.00% last year
Showing total compensation for the last 2020 - 2022

Stock

Up by 0.00% last year

Salary

Up by 0.00% last year

Bonus

Up by 0.00% last year

Other

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Year

2022

Total Compensation

$852.33K

Salary

$500.00K

Board Justification

The compensation philosophy is designed to align executive compensation with performance and shareholder value, with a significant portion of pay being at-risk based on performance metrics.

Bonus

$289.25K

Board Justification

The bonus was calculated based on the annual bonus plan, which included a financial component based on operating income and a strategic component based on various performance metrics, resulting in a payout of 89% of target for 2023.

Other

$63.08K

Board Justification

Other compensation includes life insurance, long-term disability, and company match under the 401(k) plan.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2022 as the performance-based equity awards have a three-year performance period and none were eligible to vest in 2022.

Performance Metrics

Performance metrics for the bonus included operating income and strategic initiatives, with specific thresholds and targets set for each.

SEC Filing

From October 6, 2023