Brinker CEO Wyman Roberts to retire June 5; Kevin Hochman appointed successor

BRINKER INTERNATIONAL, INC

Wyman Roberts, 63, retires as CEO/President of Brinker and President of Chili's, effective June 5, 2022; will serve as Senior Advisor through Dec 2022, then consultant to June 2023.
Kevin Hochman, 48, appointed CEO/President of Brinker and President of Chili's, effective June 6, 2022; previously President/Chief Concept Officer of KFC U.S. at Yum! Brands.
Hochman's employment agreement: $900k base salary, target bonus 110% of base, $400k sign-on bonus, $1.5M RSU make-whole grant, severance provisions.
Roberts transition agreement: $60k/month advisory salary, $1.85M RSU grant in lieu of FY2023 equity, non-compete covenant.

item 5.02 item 9.01

Executive movements

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Departed

Wyman T. Roberts

Chief Executive Officer and President

EAT · BRINKER INTERNATIONAL, INC

Effective: 2022-06-05
Successor: Kevin Hochman
Filed: May 16, 2022, 7:59 PM ET

will retire as CEO and President of the Company and President of Chili’s Grill & Bar and resign from the Board effective as of June 5, 2022.

Appointed

Kevin Hochman

Chief Executive Officer and President

EAT · BRINKER INTERNATIONAL, INC

Effective: 2022-06-06
Filed: May 16, 2022, 7:59 PM ET

appointed Kevin Hochman, 48, to serve as Chief Executive Officer and President of the Company, President of Chili’s Grill & Bar and a member of the Board, effective as of June 6, 2022.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Wyman T. Roberts retired as Chief Executive Officer and President at BRINKER INTERNATIONAL, INC.

Action: retired
Role: Chief Executive Officer and President

Exact text from the filing

will retire as CEO and President of the Company and President of Chili’s Grill & Bar and resign from the Board effective as of June 5, 2022.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Kevin Hochman was appointed as Chief Executive Officer and President at BRINKER INTERNATIONAL, INC.

Action: appointed
Role: Chief Executive Officer and President

Exact text from the filing

appointed Kevin Hochman, 48, to serve as Chief Executive Officer and President of the Company, President of Chili’s Grill & Bar and a member of the Board, effective as of June 6, 2022.

View on SEC.gov

BRINKER INTERNATIONAL, INC filing history →

Source: SEC EDGAR

accession 0000703351-22-000023

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