Sundar PichaiSundar Pichai earned $164M in 2023

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...

Quick Links
S

Chris Carr

Ex-CEO of Sweetgreen

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

CEO of Sweetgreen for

1 year 4 months (Aug 2021 - Dec 2022)

Previous Experience

Chief Operating Officer of Sweetgreen, Inc.

Rivals

Competitors/colleagues of Chris Carr

Holdings

See how much did Chris Carr make over time.

During his tenure at Sweetgreen, Chris Carr had considerable responsibilities but no reported equity holdings. His focus was on operations rather than stock compensation. In 2021, he had a total compensation of $350,000, reflecting his salary and other benefits. By...

No data yet.

No data yet.

Total Stock Sold

$1.15M

SG

$1.15M

68,304 SG shares

What if they kept their stock?

If Chris Carr didn't sell their stock, today they would have:
Extra SG68,304 shares worth $459.00K.
This is -60.2% and $694.27K less than what they got when they sold the stock.

Insider Trading

See recent insider trades of Chris Carr.

HLT

4.185 shares

HLT

Dec 27, 2024

Received

HLT

4.462 shares

HLT

Sep 27, 2024

Received

HLT

4.789 shares

HLT

Jun 28, 2024

Received

HLT

1,148 shares

HLT

May 15, 2024

Received

HLT

4.089 shares

HLT

Mar 28, 2024

Received

HLT

4.786 shares

HLT

Dec 29, 2023

Received

HLT

5.797 shares

HLT

Sep 29, 2023

Received

HLT

5.976 shares

HLT

Jun 30, 2023

Received

HLT

1,367 shares

HLT

May 18, 2023

Received

HLT

4.713 shares

HLT

Mar 31, 2023

Received

Compensation History

See how much did Chris Carr make over time.

In 2021, Chris Carr earned a total compensation of $350,000, which stayed the same into 2022. However, his earnings became more complex with performance metrics attached to potential bonuses. In 2021, he received a small discretionary bonus of $26,250 based on hitting 90% of the targeted performance. In direct contrast, by 2022, no bonuses were paid out, as the company did not achieve the necessary performance thresholds. This underscores the volatile nature of executive compensation models, which shift with company performance. Due to lack of performance, no stock awards or options vested during his role at Sweetgreen, highlighting the risk and reward aspect of corporate leadership.

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.

Other Sweetgreen CEOs

Here are other CEOs of Sweetgreen