Kelli Valade is the Chief Executive Officer and President of Denny's Corporation, having taken on the role in June 2022. With over 30 years in the restaurant industry, she has a wealth of experience that shapes her leadership at Denny's....

Number of Employees

3.5K

Year

2023

Total Compensation

$2.81M

Salary

$905.96K

Board Justification

The compensation program is designed to attract, motivate, and retain top-quality leadership talent while aligning their interests with those of stockholders and focusing on key strategic objectives.

Bonus

$615.15K

Board Justification

Based on performance against financial goals under the 2023 Corporate Incentive Plan (CIP), which paid out at 68% of target.

Other

$72.91K

Board Justification

Includes relocation benefits and other perquisites such as car and telecommunications allowances.

Restricted Stock

$1.21M(108.21K RSU)

Board Justification

Represents shares from the 2021 LTIP and RSUs that vested during the fiscal year 2023.

Performance Metrics

Performance metrics for 2023 included Adjusted EBITDA growth and Domestic System-Wide Same Store Sales.

SEC Filing

From April 4, 2024