paul j b murphy iii salary

(Page 2) Q2 total company revenues decreased 47.7% to $161.1 million, down $146.9 million from a year ago, driven by operating our restaurants at a reduced capacity in response to the COVID-19 pandemic and closed restaurants. Pay is salary, bonuses, etc. And then in terms of our ongoing G&A assumption and our cash burn calculation, the G&A assumption is about $1.25 million per week and the interest expense expected is roughly $2 million a quarter. Thank you. I was wondering if you could just address what's changing on that front and how much is due to the new operating model versus something we might not be aware of. Proven Restaurant Industry Veteran Brings 30+ Years of Operational Experience and Extensive Track Record of Successfully Executing Business Transformations and Creating Significant Shareholder Value. The most active insiders traders include Capital Management Llckahn ..., Gerard Johan Hart und Patrick Walsh. Due to these same factors, I currently expect we will generate positive cash flow before the end of the year and I'm confident in our long-term financial viability. Follow SA Transcripts and get email alerts. This Executive Separation Agreement (“Agreement”) is between Einstein Noah Restaurant Group, Inc. (“ENRGI” or the “Company”) and Paul J.B. Murphy, III (“Executive”). The largest trade he's ever made was buying 10,000 units of Red Robin Gourmet Burgers stock on 3 December 2019 worth over $273,200. These initiatives will allow us to safely enhance seating capacity, while delivering a consistent great guest experience, whether dining inside or outside our restaurants. all insider trading activities at Red Robin Gourmet Burgers Inc, Insider Activities at Red Robin Gourmet Burgers Inc (RRGB), Insider Activities at New World Restaurant Group Inc (NWRG.PK). This leadership transition is the result of a comprehensive search process and follows the Company’s recently announced board changes, which included the addition of three new independent Board directors with substantial industry experience and the announcement of the pending retirements of three existing board members. MURPHY PAUL J B III Director: 10,868: $11.9: 139,132 (Direct) View: 2018-08-01 Option Award: 2018-08-03 4:46 pm: N/A N/A: NOODLES & Co: NDLS: MURPHY PAUL J B III Director: 175,000: $0: 25,000 (Direct) View: 2018-08-01 Option Award: 2018-08-03 4:46 pm: N/A 2028-08-01: NOODLES & Co: NDLS: MURPHY PAUL J B III Director: 25,000: $10.5: 25,000 (Direct) View: 2019-07-10 Tax Withholding: 2019-07-12 … So we're already doing the work on that. In addition, he makes $2,063,160 as President, Chief Executive Officer und Director at Red Robin Gourmet Burgers. Thanks. Serving as Chief Executive Officer of Del Taco Restaurants, Inc. from 2009 to 2017, where he was responsible for the financial and operational performance of 543 company-operated and franchised restaurants with revenues of $470 million. And I'll be honest, I take a guess, but I can get back to you with a more specific answer in the future. Wanted to circle back to the sales mix and looking at the 350 or so company units with reopened dining rooms, curious where the off-premise sales mix has settled out in recent weeks if the AWS in that kind of $38,000, $39,000 a week range, how much is off-premise and then could you break that down further between takeout versus delivery? We believe we can further enhance the off-premise experience over time and have completed much of the foundational work that has greatly improved our execution. Also see all insider trading activities at Red Robin Gourmet Burgers Inc. 1. And then frankly, as in the menu reduction that we did at the – taking 33% of the menu out, we've seen efficiencies also in the back of the house and the menu reduction that we've had has really been able to drive both quality and ticket times and things like that. Yeah. Paul, can you just provide a little more color on the current comp trends and I'm sorry if I didn't see it in the release, but you didn't comment on it. As we have said in the past, the 48 restaurants that added Donatos Pizza, prior to the onset of the pandemic, have been consistently outperforming restaurants without Donatos from a comp sales standpoint by approximately 700 basis points. In this role, he led a business turnaround that delivered four consecutive quarters of positive comparable restaurant sales growth on revenues of $457 million. Paul J. During today's conference call, management will also discuss non-GAAP financial measures. Thanks for that. As a percentage of restaurant revenue, restaurant-level operating profit was 2% and improved through the quarter, coming in better than our internal projections, with higher sales and continued focus on managing costs. Even with all the past and recent volatility created by COVID-19, our hard work and dedication to delivering best-in-class hospitality that includes stringent health and safety standards has resulted in record high dine-in and off-premise guest satisfaction scores. Also, as Lynn will speak about further, we are expecting significant cash tax refunds over the next 12 months and continue to make good progress restructuring our leases in partnership with our landlords. Red Robin offers a variety of options behind the bar, including its extensive selection of local and regional beers, and innovative adult beer shakes and cocktails, earning the restaurant a VIBE Vista Award for Best Beer Program in a Multi-Unit Chain Restaurant. He was promoted to Executive Vice President, Operations in 1998, and to Chief Operating Officer in 2002. Red Robin Gourmet Burgers Inc. owns and operates a chain of specialty restaurants in the United States and Canada. Let me begin by saying that I hope everyone on the call and your loved ones are safe and healthy during these tumultuous times. Whether a family dining with kids, adults grabbing a drink at the bar, or teens enjoying a meal, Red Robin offers an unparalleled experience for its Guests. We have made it easier for guests to enjoy our food outside of our restaurants through increased curbside and delivery options, including the implementation of Red Robin Delivery across all company-operated restaurants and third-party delivery across the entire system. Our next questions come from the line of John Glass with Morgan Stanley. Q2 adjusted EBITDA was a loss of $15.3 million compared to positive adjusted EBITDA of $25.5 million in Q2 2019. We'll start with the, obviously the higher volume restaurants first and then work our way through that number of stores. Can you give us some examples of where those costs that need to bend and maybe the order of magnitude that maybe gets preserved post COVID? As a result, as of August 9, we have substantially improved our liquidity since last quarter to more than $103 million between cash and cash equivalents and available borrowing capacity. As previously mentioned, on May 29, we further amended our credit agreement to ease financial covenant requirements through the third quarter of 2021 and our recent capital raise requirement hadn't been fulfilled in June. United States. We are pleased that our business trajectory has exceeded our expectations, including generating meaningful off-premise sales of 208.7% growth in Q2 as compared to the prior year. The company was founded in September 1969 and is headquartered in Greenwood Village, CO. Red Robin Gourmet Burgers executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens. Mr. Murphy owns over 10,000 units of Red Robin Gourmet Burgers stock worth over $130,300 and over the last 5 years he sold RRGB stock worth over $0. We, therefore, look forward to resuming our Donatos rollout given its proven and compelling return on investment. And I guess, Paul, one for you maybe as Lynn is looking that up. Hey, good afternoon, and thanks for the question. And while enhancements are on the way, it is important to acknowledge that our digital channels, including online ordering through our Red Robin website and third-party marketplaces, are already driving approximately 80% of our off-premise sales. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those described in the statements based on a number of factors, including but not limited to the following: the effectiveness of the Company’s strategic initiatives, including the effectiveness of the Company’s affordability, service improvement, technology, and off-site initiatives to drive traffic and sales; the ability to increase labor productivity through alternative labor models, and to train the Company's workforce for service execution complexities related to growth of multiple revenue streams in the restaurant; the success of the Company's refranchising efforts; and other risk factors described from time to time in the Company’s Form 10-K, Form 10-Q, and Form 8-K reports (including all amendments to those reports) filed with the U.S. Securities and Exchange Commission. It is truly a privilege to work with such an extraordinary group of people who are passionate to serve our guests and one another. We are dedicated to further enhancing our technology and digital capabilities in 2021 and beyond. Please proceed with your question. The following table details the insider trading activities Maybe some color on outside of that in some states where you haven't had closures maybe, but increased cases. This compares to off-premise sales representing 26.3% in the first quarter of 2020 and approximately 14% prior to the pandemic. Paul J.B. Murphy III - Red Robin Gourmet Burgers, Inc. Well, I mean obviously that's – okay, I guess average unit, we think that that could be somewhere between 16 … If you would prefer you may also search alphabetically by executive name as well. Company Directors - M; Murphy Paul J B Iii ; Insider Trading History of Murphy Paul J B Iii . These charges included $7.6 million related to restaurant closures and refranchising costs; $5.3 million related to restaurant asset impairment; $1 million in board and stockholder matter cost; and $0.7 million for COVID-19-related charges, including purchasing personal protective equipment for our restaurant team members and guests and providing emergency sick pay to our restaurant team members. More specifically, we are currently deferring payroll taxes and expect a favorable rate impact of net operating loss carrybacks which could generate between $14 million and $17 million of cash tax refunds within the next 12 months. And that's with an increase in terms of comp store sales as we continue to expand our seating capacity. And then zooming out, just wondering what are the biggest changes that you've made as a result of COVID that you expect will stick even as we come out on the other side and consumer dine-in confidence sort of normalizes?

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