Jerry Morgan is the CEO of Texas Roadhouse, Inc., a popular American restaurant chain known for its casual dining atmosphere and Texas-themed ambiance. Born in 1963, he earned a Bachelor's degree in Business Administration from the University of Kentucky. Morgan's...

Current Market Cap

$12.93B

Number of Employees

91K

Total Compensation

2021 - 2022

Trending up by 133.14% last year
Showing total compensation for the last 2021 - 2022

Stock

Up by 177.88% last year

Salary

Up by 136.46% last year

Bonus

Up by 0.00% last year

Other

Down by -96.41% last year

Year

2022

Total Compensation

$2.08M

Salary

$972.50K

Board Justification

The compensation program is designed to promote sustained profitability and align the interests of Named Executive Officers with those of shareholders, reflecting competitive compensation in the casual dining sector.

Bonus

$0.00

Board Justification

The target bonus amount for fiscal year 2022 was $1,000,000, with actual bonuses paid at 124.51% of the total target amount based on performance metrics.

Other

$2.98K

Board Justification

Includes other compensation such as holiday bonuses and other benefits.

Restricted Stock

$1.10M(12.2K RSU)

Board Justification

12,200 service based restricted stock units vested on January 8, 2023, with a fair value of $1,100,684 based on the closing stock price on the grant date.

Performance Metrics

The performance metrics for the cash bonus included achieving an annual EPS growth target of 10% and a profit sharing pool based on pre-tax profits.

SEC Filing

From March 31, 2023