Brinker International ( (EAT) ) has provided an update.
Brinker International, Inc. has introduced a Fiscal 2025 Executive Performance Share Retention Plan, aiming to motivate executives by granting performance shares based on the company’s total shareholder return. Key executives, including CEO Kevin Hochman, are set to receive shares with substantial target values. The plan outlines that shares can be earned over five years, contingent on Brinker’s performance relative to industry peers, with the potential to earn up to 200% of target shares under specific conditions. Additionally, recent shareholder meetings saw the ratification of KPMG LLP as auditors and approval of a new 2024 Stock Option & Incentive Plan.
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