Michael T. Hackney is the CEO of Cracker Barrel Old Country Store, a popular restaurant chain known for its country-themed decor and American comfort food. With a career spanning over forty years in the restaurant industry, Hackney has held various...

Current Market Cap

$1.04B

Number of Employees

77K

Total Compensation

2017 - 2022

Trending down by -42.72% last year
Showing total compensation for the last 2017 - 2022

Stock

Down by -100.00% last year

Salary

Up by 2.17% last year

Bonus

Up by 0.00% last year

Other

Up by 204.15% last year

Year

2022

Total Compensation

$3.31M

Salary

$1.18M

Board Justification

The compensation philosophy emphasizes pay-for-performance, aligning executive compensation with company performance and shareholder interests.

Bonus

$1.67M

Board Justification

The bonus is based on the company's performance against established financial and strategic metrics, with a total payout of 89% of target for 2022.

Other

$465.25K

Board Justification

Other compensation includes various benefits and perquisites provided to the CEO.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock was vested in 2022 as the focus is on performance-based awards that vest over a longer period.

Performance Metrics

The performance metrics include operating income and strategic objectives that drive company success.

SEC Filing

From October 6, 2023