---
schema_version: "secwatch.filing_event.v1"
accession: "0001618755-22-000050"
form_type: "8-K"
ticker: "RSTRF"
cik: "0001618755"
company_name: "Restaurant Brands International Limited Partnership"
filed_at: "2022-11-16T23:59:59+00:00"
generated_at: "2026-06-21T17:29:37.875546+00:00"
event_type: "leadership"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# RBI appoints former Domino's CEO Patrick Doyle as Executive Chairman to accelerate growth

## Summary
- Doyle appointed Executive Chairman effective Nov 16, 2022; will purchase 500,000 RBI shares (~$30M) in private placement, held for 5 years.
- Receives one-time equity: 2M options (vest 5yr), 500K RSUs (ratable 5yr), 750K PSUs (5.5yr, target 10% CAGR in share price).
- Doyle previously CEO of Domino's (2010-2018), doubling system sales to $13B and creating ~$11B in shareholder value.
- No base salary or annual bonus; compensation is entirely equity-based and tied to long-term performance.
- Current co-Chairmen Schwartz and Behring remain on board; CEO Jose Cil to work closely with Doyle.

## SEC filing metadata
- accession: 0001618755-22-000050
- form_type: 8-K
- ticker: RSTRF
- cik: 0001618755
- company_name: Restaurant Brands International Limited Partnership
- filed_at: 2022-11-16T23:59:59+00:00
- event_type: leadership
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1618755/000161875522000050/0001618755-22-000050-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1618755/000161875522000050/qsp-20221115.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001618755-22-000050
- JSON: https://secwatch.observer/filing/0001618755-22-000050.json
- Plain text: https://secwatch.observer/filing/0001618755-22-000050.txt

## Key facts
- Executive change
  J. Patrick Doyle was appointed as Executive Chairman at Restaurant Brands International Limited Partnership.
  - Action: appointed
  - Role: Executive Chairman
  source text: On November 16, 2022, RBI announced that the Board of Directors of RBI appointed J. Patrick Doyle to become Executive Chairman of RBI.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1618755/000161875522000050/0001618755-22-000050-index.htm
- Material Agreements
  Restaurant Brands International Limited Partnership entered into stock purchase agreement with J. Patrick Doyle and Lodgepole 231 LLC valued at 500,000 common shares (effective 2022-11-15).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: J. Patrick Doyle and Lodgepole 231 LLC
  - Value: 500,000 common shares
  - Effective: 2022-11-15
  source text: On November 15, 2022, Restaurant Brands International Inc. (“RBI”) and Lodgepole 231 LLC, a Delaware limited liability company of which J. Patrick Doyle is the sole member, entered into a stock purchase agreement for the purchase of 500,000 common shares of RBI in a private placement at a price per share equal to the average closing price on the New York Stock Exchange for the five trading days preceding the agreement.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1618755/000161875522000050/0001618755-22-000050-index.htm

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