Nation’s Restaurant News and HVS Executive Search have partnered again this year for a look at compensation trends in foodservice. The 2010 salary study focused on pay-for-performance metrics, and it is clear that the overpaid chief executive is on the way out the door and a new focus on performance metrics has kicked in.
The special report — which can be read in its entirety in the Nov. 22 issue of Nation’s Restaurant News and is available online for subscribers only — dissected the 2009 compensation packages for 54 chief executives at publicly traded restaurant companies. The data showed that three-fourths of executives were “underpaid” and only 14 chief executives were “overpaid,” as judged by peer groups.
The labels “overpaid” or “underpaid” were granted based on a proprietary formula from HVS, which looked at performance metrics, stock price fluctuation and the size of the company a chief executive is running.
The full report includes:
- An in-depth look at compensation trends, including a PDF outlining the compensation elements of the 54 chief executives in the survey. (For subscribers)
- A look at the data and its key takeaways from David Mansbach, CCP, partner at HVS Executive Search. (For subscribers)
- Methodology from HVS Executive Search
Online extras:
Here's quick look at the top five overpaid and underpaid CEOs: