Red Robin appoints David A. Pace as President & CEO; G.J. Hart to serve as advisor through Sept 2025

RED ROBIN GOURMET BURGERS INC

David A. Pace appointed President & CEO effective April 24, 2025; succeeds G.J. Hart who becomes senior advisor through Sept 2025.
Anthony S. Ackil appointed Chairman of the Board; Pace remains on Board.
Pace will receive base salary $750k, annual bonus target 200% of salary, and 750k RSUs plus 900k performance-based RSUs.
Hart to receive $1.8M severance (18 months salary) plus pro-rata bonus; departures amicable, no policy disagreements.
Q1 2025 outlook: comparable restaurant sales up ~3%, Adjusted EBITDA expected to exceed prior guidance of $18-19M.

item 5.02 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

David A. Pace

Chairman of the Board

RRGB · RED ROBIN GOURMET BURGERS INC

Effective: 2025-04-24
Filed: April 24, 2025, 7:59 PM ET

He was serving as the Board’s Chairman and a member of each of the Compensation Committee and Nominating and Governance Committee, and in connection with his appointment, Mr. Pace has resigned from these roles.

Appointed

David A. Pace

President and Chief Executive Officer

RRGB · RED ROBIN GOURMET BURGERS INC

Effective: 2025-04-24
Filed: April 24, 2025, 7:59 PM ET

announced the appointment of David A. Pace to the position of President and Chief Executive Officer (“President and CEO”) of the Company, effective April 24, 2025

Departed

G.J. Hart

President and Chief Executive Officer

RRGB · RED ROBIN GOURMET BURGERS INC

Effective: 2025-04-24
Successor: David A. Pace
Filed: April 24, 2025, 7:59 PM ET

Mr. Pace replaces G.J. Hart as the Company’s President and CEO, who will also depart from the Board of Directors (the “Board”) of the Company as of the Effective Date.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

David A. Pace resigned as Chairman of the Board at RED ROBIN GOURMET BURGERS INC.

Action: resigned
Role: Chairman of the Board

Exact text from the filing

He was serving as the Board’s Chairman and a member of each of the Compensation Committee and Nominating and Governance Committee, and in connection with his appointment, Mr. Pace has resigned from these roles.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

David A. Pace was appointed as President and Chief Executive Officer at RED ROBIN GOURMET BURGERS INC.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

announced the appointment of David A. Pace to the position of President and Chief Executive Officer (“President and CEO”) of the Company, effective April 24, 2025

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

G.J. Hart departed as President and Chief Executive Officer at RED ROBIN GOURMET BURGERS INC.

Action: departed
Role: President and Chief Executive Officer

Exact text from the filing

Mr. Pace replaces G.J. Hart as the Company’s President and CEO, who will also depart from the Board of Directors (the “Board”) of the Company as of the Effective Date.

View on SEC.gov

RED ROBIN GOURMET BURGERS INC filing history →

Source: SEC EDGAR

accession 0000950142-25-001161

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