Alexander KarpAlexander Karp earned $1B in 2024

In 2023, David Overton earned $1.45M in total compensation at Cheesecake Factory, including $900.00K salary, $250.00K bonus and $200.00K in stock. Most recently sold 269,520 shares in Nov 2024. Currently holds stock worth $171.46M. Has donated $37.72M in stock to charitable causes. Has led Cheesecake Factory for over 27 years.

Compensation History

Annual executive compensation data for David Overton, including salary, bonuses, and stock awards.

Year

2023

Total Compensation

$1.45M

Salary

$900.00K

Bonus

$250.00K

Other

$100.00K

Salary

$900.00K

Board Justification

The compensation philosophy is designed to align executive compensation with company performance, using a mix of fixed and variable pay to attract and retain top talent while driving shareholder value.

Bonus

$250.00K

Board Justification

The bonus is based on the company's performance metrics including revenue growth and EBITDA targets for the fiscal year 2023.

Other Compensation

$100.00K

Board Justification

Other compensation includes retirement contributions and health benefits paid in 2023.

Restricted Stock

$200.00K5K RSU

Board Justification

5,000 shares of RSU vested in 2023 as part of the long-term incentive plan, based on performance criteria met in prior years.

Performance Metrics

Performance metrics include revenue growth, EBITDA, and total shareholder return.

C

David Overton

Founder and CEO of Cheesecake Factory

Education

B.A. in Business from University of California, Los Angeles

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

April 20, 1958 - 67 years ago

CEO of Cheesecake Factory for

27 years 7 months (May 1998 - Present)

Previous Experience

Founder of The Cheesecake Factory

Holdings

Track David Overton's stock holdings and portfolio value over time.

Total Stock Sold

$91.03M

CAKE

$91.03M

1,921,298 CAKE shares

What if they kept their stock?

If David Overton didn't sell their stock, today they would have:
Extra CAKE1,921,298 shares worth $91.80M.
This is 0.85% and $773.99K more than what they got when they sold the stock.

Charitable Transactions

CAKE

789,476 shares

CAKE

Recent Charitable Transactions

CAKE

20,000 shares

CAKE

Mar 3, 2021

Charity

CAKE

22,000 shares

CAKE

Mar 11, 2019

Charity

CAKE

25,000 shares

CAKE

Mar 17, 2017

Charity

CAKE

$7.00M

CAKE at $47.64/share

Mar 11, 2015

Charity

CAKE

$5.00M

CAKE at $48.33/share

Mar 7, 2014

Charity

CAKE

$5.00M

CAKE at $43.02/share

Aug 19, 2013

Charity

Insider Trading

David Overton's recent stock transactions, purchases, and sales filed with the SEC.

CAKE

$12.57M

CAKE at $46.65/share

Nov 8, 2024

Sale

CAKE

81,640 shares

CAKE

Feb 15, 2024

Received

CAKE

69,280 shares

CAKE

Feb 16, 2023

Received

CAKE

66,700 shares

CAKE

Feb 10, 2022

Received

CAKE

20,000 shares

CAKE

Mar 3, 2021

Charity

CAKE

$17.21M

CAKE at $53.80/share

Feb 22, 2021

Sale

CAKE

50,150 shares

CAKE

Feb 10, 2021

Received

CAKE

22,000 shares

CAKE

Mar 11, 2019

Charity

CAKE

$7.58M

CAKE at $47.58/share

Feb 28, 2019

Sale

CAKE

23,700 shares

CAKE

Feb 13, 2019

Received

Rivals

Compare David Overton with competitor CEOs and industry peers.