leadership
confidence high
sentiment positive
materiality 0.60
CAVA appoints Doug Thompson as COO effective March 2, 2026; base salary $550k
CAVA GROUP, INC.
- Doug Thompson appointed COO effective March 2, 2026; reports to CEO Brett Schulman.
- Annual base salary of $550,000; target cash bonus of 75% of base salary.
- One-time RSU grant valued ~$500,000 vesting over 4 years; annual equity awards ~$1,200,000 starting FY2027.
- Relocation/sign-on bonus of $200,000; eligible for Executive Severance Plan.
- Thompson previously CEO of Tumble 22, COO at Texas Roadhouse (20+ years).
item 5.02item 9.01