Michael Skipworth is the President and CEO of Wingstop, taking the reins in March 2022 after serving as Chief Financial Officer. Under his leadership, Wingstop has continued to grow, operating over 1,500 locations worldwide, and focusing on opening new franchises....
Michael Skipworth is the President and CEO of Wingstop, taking the reins in March 2022 after serving as Chief Financial Officer. Under his leadership, Wingstop has continued to grow, operating over 1,500 locations worldwide, and focusing on opening new franchises. Michael's career in finance has been key to Wingstop's success, with a strong emphasis on achieving performance goals. In 2023, he earned a total compensation of $6.66 million, which was largely driven by performance bonuses for exceeding financial targets. Interestingly, while he didn’t receive stock options or stock grants in 2023, his cash compensation highlights a pay-for-performance philosophy that prioritizes results. He has a history of significant insider trading with shares valued in the millions, reflecting confidence in the company’s future. Michael’s journey at Wingstop began in 2014, and he has steadily climbed the ranks, showcasing his deep understanding of the fast-casual dining industry. His strategic decisions continue to shape Wingstop’s path in a competitive market, making him a central figure in the company's ongoing growth.