INDIANAPOLIS At a time when executive compensation is coming under increasing scrutiny, the Steak n Shake Co. has bumped chief executive Sardar Biglari’s salary by more than 220 percent. The company’s board of directors voted unanimously to raise Biglari’s annual compensation to $900,000 from $280,000, effective June 19. In its Securities & Exchange Commission filing, the company said Biglari doesn’t have an employment agreement and doesn’t receive separate pay for being a company director. ...
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!