In 2023, Michael Skipworth earned $2.43M in total compensation at Wingstop, including $750.00K salary and $1.65M bonus. Most recently sold 10,843 shares in Feb 2024. Currently holds stock worth $11.02M. 4+ years at the helm of Wingstop.
Compensation History
Annual executive compensation data for Michael Skipworth, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$2.43M
Salary
$750.00K
Bonus
$1.65M
Other
$30.57K
Salary
$750.00KBoard Justification
The compensation philosophy focuses on attracting, retaining, and motivating high-caliber talent aligned with the company's values and performance objectives, emphasizing pay-for-performance.
Bonus
$1.65MBoard Justification
The bonus is based on the achievement of performance goals, with a target annual incentive amount of $825,000, resulting in a payout of 200% of the target due to exceeding performance metrics.
Other Compensation
$30.57KBoard Justification
Other compensation includes 401(k) match, company-paid premiums for long-term disability coverage, and other expenses.
Restricted Stock
Board Justification
No stock grants were vested in 2023 as the focus is on cash compensation and performance-based bonuses.
Performance Metrics
The performance metrics for determining compensation include Adjusted EBITDA growth and net new unit openings.
Michael Skipworth
CEO of Wingstop
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Consumer Cyclical
CEO of Wingstop for
4 years 3 months (Aug 2021 - Present)
Previous Experience
Vice President of FP&A at Wingstop; held various finance and strategic leadership positions at The Wendy's Company; various positions at H.J. Heinz Company.
Other Wingstop CEOs
Holdings
Track Michael Skipworth's stock holdings and portfolio value over time.
Total Stock Sold
$12.93M
$12.93M
79,533 WING shares
What if they kept their stock?
If Michael Skipworth didn't sell their stock, today they would have:
Extra WING79,533 shares worth $20.48M.
This is 58.37% and $7.55M more than what they got when they sold the stock.
Insider Trading
Michael Skipworth's recent stock transactions, purchases, and sales filed with the SEC.
$3.65M
WING at $336.82/share
Feb 23, 2024
Sale
5,810 shares
WING
Feb 20, 2024
Received
$1.02M
WING at $208.21/share
May 5, 2023
Sale
8,955 shares
WING
Feb 21, 2023
Received
$608.41K
WING at $158.98/share
Oct 31, 2022
Sale
$122.84K
WING at $135.88/share
Mar 3, 2022
Sale
$54.37K
WING at $152.71/share
Feb 15, 2022
Sale
1,291 shares
WING
Feb 15, 2022
Received
$2.58M
WING at $173.71/share
Jul 30, 2021
Sale
$1.69M
WING at $158.88/share
Jul 27, 2021
Sale
Rivals
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