Texas Roadhouse appoints Chris Monroe as CFO, effective June 28, 2023
Texas Roadhouse, Inc.
Chris Monroe, former SVP Finance & Treasurer at Southwest Airlines (30 years), named CFO overseeing accounting, IR, tax, treasury, internal audit, and financial analysis.
Base salary $500k; annual target bonus $400k (prorated for 2023); signing bonus $500k in two installments ($250k by July 1, 2023 and $250k by Jan 1, 2024).
Receives service-based RSUs valued at $250k (vest Dec 31, 2024) and performance-based RSUs valued at $150k (vest Jan 8, 2024 based on EPS growth and pre-tax profits targets).
Keith Humpich remains interim CFO until June 28, then continues as principal accounting officer with a $100,000 per quarter stipend (prorated).
Initial employment term through Jan 7, 2024 with auto-renewal; includes non-compete, clawback, and change-in-control severance provisions.
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