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Felipe A. Athayde served as the CEO of Regis Corporation, taking the helm on October 5, 2020. He previously explored different roles within Restaurant Brands International, including President for Burger King in Latin America and President for Tim Hortons in...

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Felipe A. Athayde

Ex-CEO of Regis Corporation

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Consumer Cyclical

Born

January 1, 1976 - 49 years ago

CEO of Regis Corporation for

3 years 0 months (Mar 2019 - Mar 2022)

Previous Experience

Various roles in the company including President and Chief Executive Officer

Rivals

Competitors/colleagues of Felipe A. Athayde

Holdings

See how much did Felipe A. Athayde make over time.

Felipe A. Athayde's stock holdings fluctuated significantly during his time at Regis Corporation. He initially held stocks worth over $8.39 million in September 2019. However, by December 2020, his holdings dropped to about $1.51 million. This decline illustrates the volatility...

Insider Trading

See recent insider trades of Felipe A. Athayde.

RGS

212,805 shares

RGS

Nov 5, 2021

Received

RGS

$297.78K

RGS at $1.38/share

Nov 5, 2021

Received

RGS

358,680 shares

RGS

Oct 5, 2020

Received

QSR

$87.79K

QSR at $66.31/share

Feb 21, 2020

Received

Compensation History

See how much did Felipe A. Athayde make over time.

In 2022, Felipe A. Athayde had a total compensation of $885,862, including a base salary of $600,000, a substantial bonus of $259,000, and additional compensation worth $38,862, which covered various benefits. Notably, his compensation structure included no vested stock awards in 2022, indicating a preference for cash bonuses rather than equity incentives that year. His previous total compensation was notably higher, with $3.2 million in 2019, largely because he received a hefty sign-on bonus meant to attract him into the role. This illustrates a shift towards performance-based pay as he established himself at Regis, hoping to align his success with the company's fortunes.

Year

2022

Total Compensation

$897.86K

Salary

$600.00K

Board Justification

The compensation philosophy is designed to attract, retain, and motivate talented executives, aligning their interests with those of shareholders.

Bonus

$259.00K

Board Justification

The bonus includes discretionary payments made for One-Time Cash Bonuses and ReFi Recognition Bonuses for Mr. Doctor as described in the proxy statement.

Other

$38.86K

Board Justification

This includes a company match and profit-sharing contribution.

Restricted Stock

$0.00(0 N/A)

Board Justification

No stock awards were vested in 2022 as per the provided information.

Performance Metrics

Performance metrics include Adjusted EBITDA and other key initiatives related to the Company's ongoing performance.