Sundar PichaiSundar Pichai earned $164M in 2023

Christopher Pappas has been leading The Chef's Warehouse since 1985. He co-founded the company, which is key in the foodservice distribution industry. Pappas has an educational background with a Bachelor's degree in Business Administration from Adelphi University. His career has...

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Christopher Pappas

Founder and CEO of The Chef's Warehouse

Field of Expertise

Business & Management

Sector of Economy

Consumer Defensive

CEO of The Chef's Warehouse for

40 years 3 months (Jan 1985 - Present)

Previous Experience

Unknown

Holdings

See how much did Christopher Pappas make over time.

Christopher Pappas owns about 3.3 million shares of The Chef's Warehouse, which is around 11.6% of the company. His wealth has fluctuated with the stock performance over the years. Notably, in 2020, he saw a drop in his holdings' value...

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Total Stock Sold

$47.91M

CHEF

$47.91M

1,712,500 CHEF shares

What if they kept their stock?

If Christopher Pappas didn't sell their stock, today they would have:
Extra CHEF1,712,500 shares worth $18.75M.
This is -60.86% and $29.16M less than what they got when they sold the stock.

Charitable Transactions

CHEF

1,455,323 shares

CHEF

Recent Charitable Transactions

CHEF

81,835 shares

CHEF

Aug 30, 2022

Charity

CHEF

500 shares

CHEF

Aug 11, 2021

Charity

CHEF

425,000 shares

CHEF

Aug 4, 2021

Charity

CHEF

0 shares

CHEF

Oct 3, 2019

Charity

CHEF

293,973 shares

CHEF

Oct 3, 2019

Charity

CHEF

3,520 shares

CHEF

May 28, 2019

Charity

Insider Trading

See recent insider trades of Christopher Pappas.

CHEF

97,759 shares

CHEF

Feb 25, 2025

Received

CHEF

$9.77M

CHEF at $48.85/share

Dec 11, 2024

Sale

CHEF

49,842 shares

CHEF

Mar 4, 2024

Received

CHEF

47,788 shares

CHEF

Feb 27, 2024

Received

CHEF

81,835 shares

CHEF

Aug 30, 2022

Charity

CHEF

61,137 shares

CHEF

Feb 28, 2023

Received

CHEF

94,377 shares

CHEF

Feb 24, 2022

Received

CHEF

$10.60M

CHEF at $35.32/share

Nov 9, 2021

Sale

CHEF

500 shares

CHEF

Aug 11, 2021

Charity

CHEF

425,000 shares

CHEF

Aug 4, 2021

Charity

Compensation History

See how much did Christopher Pappas make over time.

In 2023, Christopher Pappas received a total compensation of approximately $5.03 million. His salary made up $1.02 million of that, but he did not receive any bonuses for the fiscal year. Instead, most of his compensation was from new vested stock, worth around $1.44 million and a significant number of stock options. He has a base pay which reflects the company's commitment to aligning pay with performance. This compensation structure shows how the company ties executive pay to achieving specific financial goals, like revenue growth and adjusted EBITDA targets. Pappas’s pay model emphasizes a pay-for-performance culture, demonstrating that he is expected to drive the company towards greater success over time.

Year

2023

Total Compensation

$2.64M

Salary

$1.02M

Board Justification

The compensation philosophy emphasizes a pay-for-performance culture, aligning executive compensation with company performance and retention strategies.

Bonus

$0.00

Board Justification

No bonus was awarded for fiscal 2023.

Other

$181.34K

Board Justification

Includes medical, dental, vision insurance premiums, life insurance premiums, tax reimbursements, short-term disability insurance premiums, 401(k) plan match, automobile allowance, and imputed income from personal use of company aircraft.

Restricted Stock

$1.44M(42.57K restricted stock)

Board Justification

42,569 shares of restricted stock vested in fiscal 2023, with values realized based on the closing price of the stock on the vesting dates.

Performance Metrics

Performance metrics for fiscal 2023 included adjusted EBITDA and revenue targets.