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Christine Barone [Feb 13

Chief Executive Officer and President at Dutch Bros
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

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