---
schema_version: "secwatch.filing_event.v1"
accession: "0001546417-24-000129"
form_type: "8-K"
ticker: "BLMN"
cik: "0001546417"
company_name: "Bloomin' Brands, Inc."
filed_at: "2024-08-26T23:59:59+00:00"
generated_at: "2026-05-31T07:37:29.221070+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Bloomin' Brands appoints Mike Spanos as CEO effective Sept 3, 2024; David Deno retires

## Summary
- Mike Spanos named CEO and board member, starts Sept 3, 2024; replaces retiring David Deno.
- Spanos was COO of Delta Air Lines; prior CEO of Six Flags, 25+ years at PepsiCo.
- Employment terms: $1M base salary, 175% target bonus, $2.5M upfront equity, $6M annual equity from 2025.
- Brett Patterson, President of Outback Steakhouse, resigns effective Sept 27 to join another company.
- Deno remains employed through Dec 31, 2024 for transition at current salary plus 2024 bonus.

## SEC filing metadata
- accession: 0001546417-24-000129
- form_type: 8-K
- ticker: BLMN
- cik: 0001546417
- company_name: Bloomin' Brands, Inc.
- filed_at: 2024-08-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1546417/000154641724000129/0001546417-24-000129-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1546417/000154641724000129/blmn-20240821.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001546417-24-000129
- JSON: https://secwatch.observer/filing/0001546417-24-000129.json
- Plain text: https://secwatch.observer/filing/0001546417-24-000129.txt

## Key facts
- Executive change
  David J. Deno departed as Chief Executive Officer at Bloomin' Brands, Inc..
  - Action: retiring
  - Role: Chief Executive Officer
  source text: Mr. Deno will retire from the Board and his role as Chief Executive Officer effective September 3, 2024 and will remain employed by the Company through December 31, 2024 as a transition period at his current rate of base salary and receive his 2024 bonus following his departure at the estimated level of Company performance.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1546417/000154641724000129/0001546417-24-000129-index.htm
- Executive change
  Brett Patterson resigned as Executive Vice President, President of Outback Steakhouse at Bloomin' Brands, Inc..
  - Action: resigned
  - Role: Executive Vice President, President of Outback Steakhouse
  source text: Brett Patterson, the Company’s Executive Vice President, President of Outback Steakhouse, has resigned from the Company effective as of September 27, 2024 as he has accepted a position at another company.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1546417/000154641724000129/0001546417-24-000129-index.htm
- Executive change
  Michael L. "Mike" Spanos was appointed as Chief Executive Officer at Bloomin' Brands, Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: On August 21, 2024 , the Board of Directors (the “Board”) of Bloomin’ Brands, Inc. (the “Company”), appointed Michael L. “Mike” Spanos to serve as a director and Chief Executive Officer, effective September 3, 2024.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1546417/000154641724000129/0001546417-24-000129-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
