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Nelson Marchioli served as the CEO of Denny's Inc. from 2006 until his departure in 2010, where he played a significant role in revitalizing the iconic American diner chain during a challenging economic period. He had a remarkable influence on...

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Nelson Marchioli

Ex-CEO of Denny's Inc.

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

January 1, 1954 - 71 years ago

CEO of Denny's Inc. for

4 years 0 months (Jun 2006 - Jun 2010)

Previous Experience

President and Chief Executive Officer of Denny's Corporation

Holdings

See how much did Nelson Marchioli make over time.

During his time as CEO, Nelson Marchioli owned a significant stake in Denny's, amassing nearly 2.68 million shares by 2005, accounting for around 2.9% of total shares outstanding. His investments reflected confidence in the company's turnaround strategy. However, after his...

Insider Trading

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Compensation History

See how much did Nelson Marchioli make over time.

Nelson Marchioli's compensation during his tenure at Denny's varied greatly, reflecting both his leadership style and the challenges the company faced. In 2008, he received approximately $1.85 million, with bonuses linked to performance metrics that indicated promising growth. However, 2009 saw him not earn any compensation, primarily due to performance thresholds not being met during a tumultuous year for the company. His final year at Denny’s in 2010 included an impressive severance package of about $2.25 million, along with additional benefits as he transitioned out of his role. This package underscored the complexities of CEO compensations tied to their performance and the overall market conditions that influence both earnings and bonuses. Marchioli's compensation package ultimately reflects the dynamic nature of corporate leadership and the inherent risks involved.

Year

2010

Total Compensation

$2.74M

Salary

$405.00K

Board Justification

The compensation philosophy is designed to attract, motivate, and retain top leadership talent while aligning their interests with those of stockholders.

Bonus

$0.00

Board Justification

No bonus was awarded as Mr. Marchioli separated from the Company effective June 30, 2010.

Other

$2.33M

Board Justification

This includes a severance payment of $2,250,000 and a vacation payout of $60,000 upon termination.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards vested in 2010 as Mr. Marchioli did not receive any stock grants in that year.

Performance Metrics

Performance metrics included Same-Store Sales and Adjusted Income Before Taxes, but Mr. Marchioli was not eligible for a payout due to his departure.

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