In 2023, Laurance Roberts earned $781.07K in total compensation at El Pollo Loco, including $594.23K salary and $186.20K bonus. Led El Pollo Loco as CEO for 2 years.
Compensation History
Annual executive compensation data for Laurance Roberts, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$781.07K
Salary
$594.23K
Bonus
$186.20K
Other
$642.00
Salary
$594.23KBoard Justification
The compensation programs serve three primary purposes: attract, retain, and motivate employees; hold executive officers accountable for Company performance using performance-based incentive compensation; and align the interests of management with stockholders using equity incentives that vest over time and stock ownership requirements. At the heart of the compensation programs is a pay-for-performance philosophy.
Bonus
$186.20KBoard Justification
Mr. Roberts remained eligible to receive a pro-rata performance bonus based on actual performance pursuant to the terms of his employment agreement.
Other Compensation
$642.00Board Justification
Severance: In connection to Mr. Roberts’ termination of employment, ended on November 3, 2023, Mr. Roberts’ is entitled to receive continued payment of his salary of $700,000 for one year, payment of his COBRA premiums through April 30, 2024, and a cash payment of $53,846 as consideration for consulting services rendered following Mr. Roberts’ termination date through December 28, 2023.
Restricted Stock
Board Justification
N/A
Performance Metrics
Annual Incentive Plan awards were determined based 80% on adjusted EBITDA and 20% on revenue achieved against target goals for the year. The Compensation Committee may adjust the payout under the Annual Incentive Plan from 0% to 140% of the amount attributable to the Company performance metrics based on an individual performance factor.
Laurance Roberts
Ex-CEO of El Pollo Loco
Education
Not specified
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Consumer Cyclical
Born
January 1, 1973 - 52 years ago
CEO of El Pollo Loco for
2 years 0 months (Oct 2021 - Nov 2023)
Previous Experience
Chief Financial Officer of El Pollo Loco Holdings, Inc.
Holdings
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Insider Trading
Laurance Roberts's recent stock transactions, purchases, and sales filed with the SEC.
No insider trades found for this CEO.
Rivals
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