secwatch.observer — SEC 8-K summary
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Issuer:     RED ROBIN GOURMET BURGERS INC (RRGB)
CIK:        0001171759
Form:       8-K
Filed at:   2022-07-14T23:59:59+00:00
Accession:  0000950142-22-002176
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Red Robin names G.J. Hart as CEO, Paul Murphy to retire effective Sept 6, 2022
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- Hart becomes President and CEO effective Sept 6, 2022, succeeding Paul Murphy who retires.
- Hart was a company director since Aug 2019; previously CEO of Torchy's Tacos and California Pizza Kitchen.
- Murphy will serve as special advisor until March 31, 2023 to ensure smooth transition.
- Hart's compensation: $1M base salary, $500K sign-on bonus, $2M LTIP target for fiscal 2022.
- Board size reduced from ten to nine directors following Murphy's retirement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1171759/000095014222002176/0000950142-22-002176-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1171759/000095014222002176/eh220269966_8k.htm
  HTML page:      https://secwatch.observer/filing/0000950142-22-002176

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer