In 2023, David L. Willis earned $812.61K in total compensation at European Wax Center, including $509.55K salary and $288.37K bonus. Most recently acquired 38,481 shares in Mar 2024. Currently holds stock worth $3.94M. Led European Wax Center as CEO for 1 years.
Compensation History
Annual executive compensation data for David L. Willis, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$812.61K
Salary
$509.55K
Bonus
$288.37K
Other
$14.69K
Salary
$509.55KBoard Justification
The compensation program is designed to attract, retain, and reward key employees, aligning their interests with those of stockholders through performance-based incentives.
Bonus
$288.37KBoard Justification
Annual bonus based on the attainment of corporate performance goals, with performance goals met at between 67.88% and 105.26% of target.
Other Compensation
$14.69KBoard Justification
Includes life insurance premium payments and employer matching contributions to the 401(k) plan.
Restricted Stock
Board Justification
No stock vested in 2023 is included in the total compensation calculation.
Performance Metrics
Performance metrics included adjusted EBITDA, new center openings, same store sales, and system-wide sales.
David L. Willis
Ex-CEO of European Wax Center
Education
B.B.A. in accounting from the University of Oklahoma, M.B.A. from the University of Tulsa
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Consumer Defensive
CEO of European Wax Center for
1 year 3 months (Sep 2023 - Jan 2025)
Previous Experience
Served as Chief Financial Officer, Chief Operating Officer, and President at European Wax Center, Inc.
Holdings
Track David L. Willis's stock holdings and portfolio value over time.
Total Stock Sold
$847.00K
$847.00K
35,000 EWCZ shares
What if they kept their stock?
If David L. Willis didn't sell their stock, today they would have:
Extra EWCZ35,000 shares worth $133.00K.
This is -84.3% and $714.00K less than what they got when they sold the stock.
Insider Trading
David L. Willis's recent stock transactions, purchases, and sales filed with the SEC.
38,481 shares
EWCZ
Mar 7, 2024
Received
5,015 shares
EWCZ
Sep 30, 2023
Received
20,074 shares
EWCZ
Mar 14, 2023
Received
$752.50K
EWCZ at $21.50/share
May 24, 2022
Sale
10,000 shares
EWCZ
Feb 16, 2022
Received
$204.00K
EWCZ at $17.00/share
Aug 5, 2021
Purchase
26,471 shares
EWCZ
Aug 5, 2021
Received
Rivals
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