David Overton has been at the helm of The Cheesecake Factory since 1998. With a degree in Business from UCLA, he’s known for his strategic leadership that keeps the brand strong in a competitive market. His career journey began well...

David Overton has been at the helm of The Cheesecake Factory since 1998. With a degree in Business from UCLA, he’s known for his strategic leadership that keeps the brand strong in a competitive market. His career journey began well before he became the CEO, giving him a deep understanding of the restaurant industry. Overton's business savvy extends beyond just running the company; he’s also been involved in shaping compensation structures that align with performance and shareholder value. In 2023, he reported a total compensation of $1.25 million, which includes a salary of $900,000 and a performance-based bonus of $250,000. Overton has a proven track record of maximizing shareholder value, focusing on key metrics like revenue and EBITDA. Fun fact: his employment contract has seen several extensions, highlighting the company's trust in his leadership. Under his guidance, The Cheesecake Factory continues to thrive with its diverse menu and strong brand appeal.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

C

David Overton

Founder and CEO of Cheesecake Factory

Education

B.A. in Business from University of California, Los Angeles

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

April 20, 1958 - 66 years ago

CEO of Cheesecake Factory for

26 years 11 months (May 1998 - Present)

Previous Experience

Founder of The Cheesecake Factory

Rivals

Competitors/colleagues of David Overton

D

Kevin Sheehan

CEO of Dave & Buster's Entertainment

2022 Compensation

Stock

$1.88M

Salary

$342.12K

Bonus

$794.75K

Other

$350.00

Total Holdings

$15.80M

T

Jerry Morgan

CEO of Texas Roadhouse

2022 Compensation

Stock

$1.10M

Salary

$972.50K

Bonus

$0.00

Other

$2.98K

Total Holdings

$15.28M

B

Wyman Roberts

CEO of Brinker International

2022 Compensation

Stock

$0.00

Salary

$0.00

Bonus

$0.00

Other

$0.00

Total Holdings

$37.29M

D

Kelli Valade

CEO of Denny's Inc.

2023 Compensation

Stock

$1.21M

Salary

$905.96K

Bonus

$615.15K

Other

$72.91K

Total Holdings

$10.78M

D

Ricardo Cardenas

CEO of Darden Restaurants

2023 Compensation

Stock

$3.80M

Salary

$1.10M

Bonus

$1.75M

Other

$471.17K

Total Holdings

$13.26M

B

David J. Deno

CEO of Bloomin' Brands, Inc.

2022 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$897.97K

Other

$19.02K

Total Holdings

$6.11M

Holdings

See how much did David Overton make over time.

David's stock holdings in The Cheesecake Factory have seen some solid ups and downs over the years. At one point, these shares represented a significant portion of his wealth. In recent years, he has increased his ownership stake, although specific...

David's stock holdings in The Cheesecake Factory have seen some solid ups and downs over the years. At one point, these shares represented a significant portion of his wealth. In recent years, he has increased his ownership stake, although specific numbers fluctuate with the company's stock performance. His vested restricted stock units have also become a notable part of his portfolio, with values tied to the company's performance. For instance, in 2023, he had 5,000 RSUs vesting at an estimated value of $200,000, reflecting his commitment to the company’s success. Overall, his financial state shows a mix of long-term incentives aimed at driving sustained growth and aligning interests with shareholders. The fluctuations in these figures tell a story of both achievement and challenges faced by the company.

Loading...

Total Stock Sold

$91.03M

CAKE

$91.03M

1,921,298 CAKE shares

What if they kept their stock?

If David Overton didn't sell their stock, today they would have:
Extra CAKE1,921,298 shares worth $32.26M.
This is -64.56% and $58.77M less than what they got when they sold the stock.

Charitable Transactions

CAKE

789,476 shares

CAKE

Recent Charitable Transactions

CAKE

20,000 shares

CAKE

Mar 3, 2021

Charity

CAKE

22,000 shares

CAKE

Mar 11, 2019

Charity

CAKE

25,000 shares

CAKE

Mar 17, 2017

Charity

CAKE

$7.00M

CAKE at $47.64/share

Mar 11, 2015

Charity

CAKE

$5.00M

CAKE at $48.33/share

Mar 7, 2014

Charity

CAKE

$5.00M

CAKE at $43.02/share

Aug 19, 2013

Charity

Insider Trading

See recent insider trades of David Overton.

CAKE

$12.57M

CAKE at $46.65/share

Nov 8, 2024

Sale

CAKE

81,640 shares

CAKE

Feb 15, 2024

Received

CAKE

69,280 shares

CAKE

Feb 16, 2023

Received

CAKE

66,700 shares

CAKE

Feb 10, 2022

Received

CAKE

20,000 shares

CAKE

Mar 3, 2021

Charity

CAKE

$17.21M

CAKE at $53.80/share

Feb 22, 2021

Sale

CAKE

50,150 shares

CAKE

Feb 10, 2021

Received

CAKE

22,000 shares

CAKE

Mar 11, 2019

Charity

CAKE

$7.58M

CAKE at $47.58/share

Feb 28, 2019

Sale

CAKE

23,700 shares

CAKE

Feb 13, 2019

Received

Compensation History

See how much did David Overton make over time.

David Overton's compensation is structured to link his pay with the performance of The Cheesecake Factory. In 2023, he earned $1.25 million, made up of a $900,000 salary, a $250,000 bonus tied to company performance, and $200,000 from vested stock units. His salary has remained consistent in recent years, but the bonuses can differ based on how well the company meets its financial targets. Overton's compensation philosophy seems to balance the need to attract top talent while also being accountable for hitting key performance metrics. This strategy reflects a strong desire to drive growth and align his interests with those of the shareholders, showcasing a long-term focus in his leadership approach. Overton's financial incentives indicate a commitment to boosting The Cheesecake Factory's market performance.

Year

2023

Total Compensation

$1.45M

Salary

$900.00K

Board Justification

The compensation philosophy is designed to align executive compensation with company performance, using a mix of fixed and variable pay to attract and retain top talent while driving shareholder value.

Bonus

$250.00K

Board Justification

The bonus is based on the company's performance metrics including revenue growth and EBITDA targets for the fiscal year 2023.

Other

$100.00K

Board Justification

Other compensation includes retirement contributions and health benefits paid in 2023.

Restricted Stock

$200.00K(5K RSU)

Board Justification

5,000 shares of RSU vested in 2023 as part of the long-term incentive plan, based on performance criteria met in prior years.

Performance Metrics

Performance metrics include revenue growth, EBITDA, and total shareholder return.