---
schema_version: "secwatch.filing_event.v1"
accession: "0001866581-24-000011"
form_type: "8-K"
ticker: "BROS"
cik: "0001866581"
company_name: "Dutch Bros Inc."
filed_at: "2024-01-02T23:59:59+00:00"
generated_at: "2026-06-07T05:32:20.468261+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Dutch Bros CEO Joth Ricci resigns Dec 31, 2023; Christine Barone becomes CEO Jan 1, 2024

## Summary
- Joth Ricci resigned as CEO and board member effective Dec 31, 2023; no disagreement with company.
- Christine Barone appointed CEO effective Jan 1, 2024, in addition to her role as President.
- Barone's compensation: $750k base salary, 100% target annual bonus, annual RSU award of $1.8M.
- Barone previously served as President since Feb 2023; prior CEO at True Food Kitchen.
- Barone appointed to Board to fill vacancy created by Ricci's resignation.

## SEC filing metadata
- accession: 0001866581-24-000011
- form_type: 8-K
- ticker: BROS
- cik: 0001866581
- company_name: Dutch Bros Inc.
- filed_at: 2024-01-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866581/000186658124000011/0001866581-24-000011-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866581/000186658124000011/bros-20231227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001866581-24-000011
- JSON: https://secwatch.observer/filing/0001866581-24-000011.json
- Plain text: https://secwatch.observer/filing/0001866581-24-000011.txt

## Key facts
- Executive change
  Christine Barone was appointed as Chief Executive Officer at Dutch Bros Inc..
  - Action: appointed
  - Role: Chief Executive Officer
  source text: the Board appointed Christine Barone as Chief Executive Officer of the Company and its subsidiaries, in addition to her position as President of the Company and its subsidiaries, effective January 1, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866581/000186658124000011/0001866581-24-000011-index.htm
- Executive change
  Joth Ricci resigned as Director at Dutch Bros Inc..
  - Action: resigned
  - Role: Director
  source text: Joth Ricci resigned from his position as Chief Executive Officer of the Company and each of its subsidiaries and all other positions he held with the Company and each of its subsidiaries, and resigned as a member of the Board, all effective December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866581/000186658124000011/0001866581-24-000011-index.htm
- Executive change
  Christine Barone was appointed as Director at Dutch Bros Inc..
  - Action: appointed
  - Role: Director
  source text: the Board appointed Ms. Barone to fill the vacancy on the Board created by Mr. Ricci’s resignation, to serve on the Board as a director
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866581/000186658124000011/0001866581-24-000011-index.htm
- Executive change
  Joth Ricci resigned as Chief Executive Officer at Dutch Bros Inc..
  - Action: resigned
  - Role: Chief Executive Officer
  source text: Joth Ricci resigned from his position as Chief Executive Officer of the Company and each of its subsidiaries and all other positions he held with the Company and each of its subsidiaries, and resigned as a member of the Board, all effective December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866581/000186658124000011/0001866581-24-000011-index.htm

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