Sundar PichaiSundar Pichai earned $164M in 2023

Brett Schulman has been the CEO of CAVA Group, a fast-growing Mediterranean restaurant chain, since 2010. He played a key role in the company's recent IPO, which helped raise funds for expansion. Schulman's leadership has led to impressive financial performance,...

Quick Links
C

Brett Schulman

CEO of CAVA Group

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

CEO of CAVA Group for

1 year 10 months (Jun 2023 - Present)

Previous Experience

Previously served as President of CAVA Group, Inc.

Rivals

Competitors/colleagues of Brett Schulman

Holdings

See how much did Brett Schulman make over time.

Brett Schulman’s personal holdings in CAVA Group show significant fluctuations, peaking at about $178.85 million in September 2024, reflecting ongoing investor confidence in the brand. Since joining, Schulman has seen his wealth tied closely to the stock's performance. His holdings...

Total Stock Sold

$31.32M

CAVA

$31.32M

267,918 CAVA shares

What if they kept their stock?

If Brett Schulman didn't sell their stock, today they would have:
Extra CAVA267,918 shares worth $11.73M.
This is -62.55% and $19.59M less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Brett Schulman.

CAVA

$25.33M

CAVA at $125.70/share

Aug 26, 2024

Sale

CAVA

$5.98M

CAVA at $90.11/share

Jun 14, 2024

Sale

CAVA

356,593 shares

CAVA

Jan 1, 2023

Received

Compensation History

See how much did Brett Schulman make over time.

In 2023, Brett Schulman earned a total compensation of approximately $672,629, which includes a base salary of $647,362. Schulman is eligible for an annual performance-based cash bonus that can equal 100% of his base salary, depending on company performance metrics set at the beginning of the fiscal year. Despite not vowing for stock compensation in the same year, Schulman received significant equity awards through the 2023 Equity Incentive Plan, aimed at driving long-term growth. His compensation structure is directly linked to the company’s performance, rewarding him when the company does well and allowing for more transparency about executive pay practices. Schulman's last significant milestone was linked to the company's IPO and equity plans, making his pay appear in line with market standards for top executives while remaining heavily incentivized through bonuses tied to actual performance metrics.

Year

2023

Total Compensation

$672.63K

Salary

$647.36K

Board Justification

The compensation philosophy aligns with company performance, peer benchmarking, and retention strategies, focusing on cash compensation and performance-based incentives.

Bonus

$0.00

Board Justification

The CEO is eligible for an annual performance-based cash bonus with a target bonus opportunity equal to 100% of his base salary, based on the achievement of performance goals set by the People, Culture and Compensation Committee.

Other

$25.27K

Board Justification

Includes 401(k) match, life insurance premiums, and other benefits.

Restricted Stock

$0.00(0 N/A)

Board Justification

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

Performance Metrics

The performance metrics determining the CEO's compensation are based on Adjusted EBITDA targets established at the beginning of the fiscal year.

Other CAVA Group CEOs

Here are other CEOs of CAVA Group