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Christopher Pappas

Founder, Chairman, President, and Chief Executive Officer at Chefs' Warehouse
Board
Since April 11, 2009
Age
65 years
Education
Graduated from Adelphi University in 1981 with a Bachelor of Arts degree in Business Administration.
Tenure
Joined CHEF in 1985 as Founder and Chief Executive Officer, later assuming the role of President on April 11, 2009 and Chairman on March 1, 2011.

Also at Chefs' Warehouse

JP
John Pappas
Chief Operating Officer (COO)
AA
Alexandros Aldous
General Counsel
CP
Christina Polychroni
Chief Human Resources Officer

About

Christopher Pappas is the Founder, Chairman, President, and Chief Executive Officer of The Chefs' Warehouse, Inc., having joined the company in 1985 as its CEO. He later expanded his responsibilities by resuming the role of President on April 11, 2009 and becoming Chairman on March 1, 2011.

Born in 1960, he graduated from Adelphi University in 1981 with a Bachelor of Arts degree in Business Administration and had a stint as a professional basketball player in Europe before establishing his career.

He oversees all facets of the company’s operations, including product procurement, sales, marketing, strategy development, and business development, and also serves on the boards of the International Foodservice Distributors Association and the Hudson National Golf Club, demonstrating a broad commitment to the foodservice industry.

$CHEF Performance Under Christopher Pappas

Past Roles

OrganizationRoleDate RangeDetails
The Chefs' Warehouse, Inc. (CHEF) President (first tenure)Until January 1, 2007 Held the role from formation until 1/1/2007 before resuming later
Various European Basketball Teams Professional Basketball PlayerN/A Played professionally in Europe after graduating in 1981

External Roles

OrganizationRoleDate Range
International Foodservice Distributors Association Board MemberN/A
Hudson National Golf Club Board MemberN/A

Fixed Compensation

Data from  FY 2024
Component NameAmountPayment ScheduleAdditional Details
Salary$1,120,621 Paid during fiscal 2024Reflects salary adjustments due to timing and administrative items
All Other Compensation$160,767 Paid during fiscal 2024Includes Medical/Dental/Vision Insurance Premiums ($7,139 ), Life Insurance Premiums ($446 ), Tax Reimbursement ($3,180 ), Short-Term Disability Premiums ($216 ), 401(k) Match ($10,350 ), Auto Allowance ($30,000; monthly allowance of $2,500 ), Aircraft Usage ($109,436 ), and Phone Reimbursement (not applicable)

Performance Compensation

Data from  FY 2024

Annual Cash Incentive Plan

MetricValueDetails
Performance MeasureAEBITDAThreshold: < $190M = no payout; Target: $215M; Maximum: $230M+; Additional: At $220M or more yields 300% of target
Target Award$1,122,585Annual cash incentive target
Actual AEBITDA$219 millionResulted in payout at target

Performance-Based Stock Awards

MetricValueDetails
Weight - AEBITDA70%
Weight - ROIC15%
Weight - Share Price15%
Grant DateMarch 4, 2024
Grant Date Stock Price$34.4530-day trailing average
Grant Date Fair Value (AEBITDA Component)$1,660,756
Grant Date Fair Value (ROIC Component)$355,886
Grant Date Fair Value (Share Price Component)$355,851
Total Target Value$2,425,170
Shares at Target68,411
Shares at Maximum136,822Maximum payout = 200% of target
Vesting Schedule3-year performance period ending December 27, 2024 then service-based vesting