Sundar PichaiSundar Pichai earned $164M in 2023
S

Chris Carr

Ex-CEO of Sweetgreen

Education

Not specified

Field of Expertise

Business & Management

Economy Sector

Consumer Cyclical

Tenure

1 year 4 months (Aug 2021 - Dec 2022)

Previous Experience

Chief Operating Officer of Sweetgreen, Inc.

Chris Carr served as the Chief Operating Officer at Sweetgreen, where he played a crucial role in shaping the company's operations from August 2021 until his resignation at the end of December 2022. His efforts focused on streamlining processes as...

Year

2022

Total Compensation

$350.14K

Salary

$350.00K

Board Justification

The compensation philosophy emphasizes tying a substantial portion of executive pay to performance, with a significant portion of compensation being at risk and tied directly to measurable performance metrics.

Bonus

$0.00

Board Justification

No bonuses were paid for fiscal year 2022 due to not achieving the threshold level of performance required for payout on either metric under the SGSC Annual Bonus Plan.

Other

$144.00

Board Justification

Consists of life insurance premiums paid by Sweetgreen on behalf of the CEO.

Restricted Stock

$0.00(0 RSU)

Board Justification

No stock awards vested in 2022 as no stock price hurdle was met for the performance-based restricted stock units granted prior to the IPO.

Performance Metrics

The annual performance-based bonus opportunities were based on the achievement of financial goals, specifically net sales and adjusted EBITDA.