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....

Current Market Cap

$12.36B

Number of Employees

1.23K

Total Compensation

2021 - 2023

Trending up by 14.42% last year
Showing total compensation for the last 2021 - 2023

Stock

Up by 0.00% last year

Salary

Up by 7.14% last year

Bonus

Up by 17.86% last year

Other

Up by 25.91% last year

Year

2023

Total Compensation

$2.43M

Salary

$750.00K

Board Justification

The compensation philosophy focuses on attracting, retaining, and motivating high-caliber talent aligned with the company's values and performance objectives, emphasizing pay-for-performance.

Bonus

$1.65M

Board Justification

The bonus is based on the achievement of performance goals, with a target annual incentive amount of $825,000, resulting in a payout of 200% of the target due to exceeding performance metrics.

Other

$30.57K

Board Justification

Other compensation includes 401(k) match, company-paid premiums for long-term disability coverage, and other expenses.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock grants were vested in 2023 as the focus is on cash compensation and performance-based bonuses.

Performance Metrics

The performance metrics for determining compensation include Adjusted EBITDA growth and net new unit openings.

SEC Filing

From April 4, 2024

Michael Skipworth

CEO of Wingstop

W

Education

Field of Expertise

Finance & Banking - Finance

Born

Invalid Date - 0 years ago

Is Founder?

No

Current Tenure

3 years 1 month (Aug 2021 - Present)

Previous Experience

Vice President of FP&A at Wingstop; held various finance and strategic leadership positions at The Wendy's Company; various positions at H.J. Heinz Company.

View Holdings

Insider Holdings of Michael Skipworth

WING

$11.15M

$6.41M (135.29%)

Last Insider Trade

WING

$3.65M

WING at $336.82/share

Feb 23, 2024

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