Noodles & Company names Joseph Christina as CEO; Drew Madsen steps down for medical reasons

NOODLES & Co

Joseph Christina promoted from President/COO to President and CEO effective August 31, 2025; joins Board.
Drew Madsen stepping down as CEO for personal medical reasons; will remain on Board of Directors.
Christina receives base salary of $550,000, annual bonus target of 100% of base, 250,000 RSU initial grant (4-year vest).
Q2 2025 earnings conference call rescheduled to August 13, 2025 from previously announced August 6, 2025.
Madsen enters transition agreement; unvested 199,203 RSUs continue vesting if he remains on Board, other awards canceled.

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