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    Christine Barone [Feb 13

    Chief Executive Officer and President at Dutch Bros Inc
    Board
    Since January 1, 2024
    Age
    51 years
    Education
    Holds a B.A. in Applied Mathematics and an M.B.A. from Harvard University.
    Tenure
    Joined BROS as President in February 2023 and was promoted to Chief Executive Officer and President on January 1, 2024.

    Also at Dutch Bros Inc

    TB[3
    Travis Boersma [Mar 31
    Executive Chairman of the Board
    JG[1
    Joshua Guenser [Feb 13
    Chief Financial Officer
    SG[1
    Sumi Ghosh [Feb 13
    President of Operations

    About

    Christine Barone is the Chief Executive Officer and President at BROS, currently aged 51 as of February 2025.

    She began her tenure with the company as President in February 2023 and transitioned to her current role on January 1, 2024, marking a significant leadership milestone for the organization.

    Before joining BROS, she held key leadership positions including serving as the Chief Executive Officer at True Food Kitchen from August 2016 to February 2023 and held various senior roles at Starbucks Corporation, as well as contributing her expertise as a board member at Yelp Inc. since March 2020.

    Her impressive academic background, with a B.A. in Applied Mathematics and an M.B.A. from Harvard University, complements her extensive experience in the food service and beverage industries, underscoring her commitment to excellence in leadership.

    $BROS Performance Under Christine Barone [Feb 13

    Past Roles

    Organization Role Date Range Details
    Dutch Bros Inc. President Feb 2023 - Jan 2024 Former role before promotion to CEO
    True Food Kitchen Chief Executive Officer Aug 2016 - Feb 2023 N/A
    Starbucks Corporation (Nasdaq: SBUX) Various leadership positions N/A Specific roles not detailed
    Bain & Company Role not specified N/A N/A
    Raymond James Role not specified N/A N/A

    External Roles

    Organization Role Date Range
    Yelp Inc. Board of Directors March 2020 - Present

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Salary $750,000 Annual N/A
    Bonus $900,000 Annual N/A
    Stock Awards $1,799,990 Per Grant, with vesting on 1/3 on each of the first, second, and third anniversaries 60,667 shares granted on March 1, 2024; RSU vesting schedule applies
    All Other Compensation $18,410 Annual Includes company-paid 401(k) matching ($15,050 ), life & long-term disability insurance premiums ($360 ), cell phone & internet stipends ($1,800 ), and "coffee cash" allowances ($1,200 )

    Performance Compensation

    Data from  FY 2024

    Non-Equity Incentive Plan Compensation (Performance-Based)

    MetricValueAdditional Details
    Incentive Amount ($USD) $1,500,000 Awarded based on performance metrics at 200% payout
    Total Revenue Weight 50% Performance component weight
    Total Revenue Threshold ($USD '000) $1,149.6 Minimum performance level required
    Total Revenue Target ($USD '000) $1,197.5 Target performance level
    Total Revenue Maximum ($USD '000) $1,245.4 Cap for performance payout calculation
    Total Revenue Actual ($USD '000) $1,281.0 Actual result exceeding maximum, triggering 200% payout
    Adjusted EBITDA Weight 50% Performance component weight
    Adjusted EBITDA Threshold ($USD '000) $171.0 Minimum performance level required
    Adjusted EBITDA Target ($USD '000) $190.0 Target performance level
    Adjusted EBITDA Maximum ($USD '000) $209.0 Cap for performance payout calculation
    Adjusted EBITDA Actual ($USD '000) $230.3 Actual result exceeding maximum, triggering 200% payout
    Bonus Eligibility 100% of base salary; effective payout at 200% Base salary of $750,000 applies in performance evaluation
    Vesting Schedule for Stock Awards RSUs vest 1/3 on each anniversary Granted on March 1, 2024; 60,667 shares with a grant date fair value of $1,799,990