Joseph Camperlingo
Dine Brands GlobalAbout Joseph Camperlingo
Joseph F. Camperlingo, age 51, was appointed Senior Vice President and Chief Accounting Officer (CAO) of Dine Brands Global, effective November 6, 2025; he joined the company on September 29, 2025 to transition into the role . He previously served as Vice President, Transaction Support & Policy at The Walt Disney Company since 2018 . Dine Brands’ recent performance context: 2024 revenues were $812.3 million (down from $831.1 million in 2023) and consolidated adjusted EBITDA was $239.8 million (down from $256.4 million), with same-restaurant sales down 4.2% at Applebee’s and 2.0% at IHOP; the 2022–2024 cash LTIP paid 0% based on TSR at the 18.2nd percentile versus a restaurant index, underscoring the company’s pay-for-performance framework .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| The Walt Disney Company | Vice President, Transaction Support & Policy | 2018–2025 | Led transaction support and accounting policy at a diversified global entertainment company |
External Roles
- No public company board roles disclosed in the appointment 8-K .
Fixed Compensation
| Component | Details |
|---|---|
| Base Salary ($) | $370,000 per year |
| Target Bonus (%) | 50% of base salary under the annual incentive plan |
| Annual Incentive Plan Participation | Yes (corporate AIP) |
| Benefits/Perquisites | Eligible for standard senior executive health/benefit plans and perquisites |
Performance Compensation
One-time Equity Grant (Retention/Alignment)
| Grant Type | Grant Date (if disclosed) | Grant Date Fair Value ($) | Vesting Schedule | Shares |
|---|---|---|---|---|
| Restricted Stock (special grant) | Not disclosed | $300,000 | 50% on each of the next two anniversaries of the grant date, subject to continuous employment | Not disclosed |
Company Annual Incentive Plan (context for performance metrics and payouts)
| Metric | Threshold | Target | Maximum | Actual | % of Target Achieved | Payout % of Target |
|---|---|---|---|---|---|---|
| Dine Brands Adjusted EBITDA ($mm) | $220.0 | $265.0 | $285.0 | $247.1* | 93.2% | 70.0% |
| IHOP BU Adjusted EBITDA ($mm) | $150.0 | $174.5 | $190.0 | $163.6 | 93.8% | 67.5% |
| Applebee’s BU Adjusted EBITDA ($mm) | $105.0 | $119.7 | $135.0 | $107.4 | 89.7% | 35% |
| IHOP Same-Restaurant Sales Growth (%) | (0.3%) | 3.8% | 5.0% | (1.9%) | — | 0.0% |
| Applebee’s Same-Restaurant Sales Growth (%) | (0.3%) | 2.3% | 4.5% | (4.2%) | — | 0.0% |
| IHOP Net Development (units) | 10 | 20 | 45 | (3) | — | 0.0% |
| Applebee’s Net Development (units) | (35) | (25) | 0 | (35) | — | 50.0% |
| Dine Brands Net Development (units) | (11) | 27 | 100 | (33) | — | 0.0% |
| Traffic (Applebee’s/IHOP) | — | — | — | Not disclosed** | — | — |
*Committee approved a $7.3 million adjustment excluding the corporation’s contribution to the Applebee’s national advertising fund for bonus calculation purposes .
**Traffic components are competitively sensitive and excluded by the company .
Cash LTIP (TSR-based, company-wide context)
| Performance Period | Dine Brands TSR | Restaurant Index Percentile Rank | Payout (% of Target) |
|---|---|---|---|
| 2020–2022 | (18.9%) | 29.6th | 0% |
| 2021–2023 | (23.13%) | 27.6th | 0% |
| 2022–2024 | (47.62%) | 18.2nd | 0% |
Equity Ownership & Alignment
| Item | Status |
|---|---|
| Beneficial Ownership | Not disclosed in the 2025 proxy ownership table as of March 17, 2025 (pre-appointment timing) |
| Ownership Guidelines | Executives subject to stock ownership guidelines; company enforces accumulation over five years with potential consequences for non-compliance |
| Hedging/Pledging | Prohibited under Insider Trading Policy (no hedging/pledging transactions) |
| Vested vs. Unvested | Special restricted stock grant vests 50% per year over two years; unvested until each vesting date |
| Options | None disclosed in appointment 8-K |
Employment Terms
| Term | Details |
|---|---|
| Appointment | SVP & Chief Accounting Officer effective Nov 6, 2025; joined Sept 29, 2025 to transition |
| Offer Letter Compensation | $370,000 salary; 50% target bonus; eligibility for long-term equity incentives; $300,000 one-time restricted stock grant with 2-year vesting (50%/50%) |
| Severance / Change-in-Control | Not disclosed for Camperlingo in the 8-K; company maintains severance arrangements and double-trigger CIC vesting for certain executives; clawback policy in place |
| Perquisites | Eligible for standard senior executive benefits and perquisites (consistent with senior officers) . Company perquisites for NEOs typically include auto allowance, supplemental life/disability, annual physical, and dining reimbursements . |
Investment Implications
- Compensation alignment and retention: A modest base ($370k) with at-risk pay via annual bonus (50% target) and a two-year time-vested restricted stock grant signals retention and alignment, while avoiding guaranteed payouts; clawback and no hedging/pledging improve governance quality .
- Potential insider selling pressure: Two-year 50/50 vesting on the $300k restricted stock may create predictable liquidity windows around each anniversary; monitor Form 3 on appointment and subsequent Form 4 filings/10b5-1 plan adoptions for trading signals .
- Performance linkage: DIN’s AIP uses adjusted EBITDA, same-store sales, traffic, and net development metrics, and cash LTIP is TSR-based; recent underperformance (0% LTIP payouts, lower sales/EBITDA in 2024) indicates a high bar for incentive realization, reducing windfall risk .
- Governance and severance risk: Company-level policies feature double-trigger CIC vesting and no tax gross-ups, with robust stock ownership guidelines; Camperlingo’s specific severance/CIC economics were not disclosed, so participation in the broader severance plan remains unconfirmed—an information gap to track in future filings .
- Execution credibility: Disney transaction support/policy background suggests strong technical accounting and controls rigor—beneficial for DIN amid cost pressures and brand transitions; no controversies disclosed in filings related to the appointment .
Additional context: Media coverage notes prior experience at Deloitte before Disney; appointment announced publicly with Hall serving as CAO emeritus through January 2, 2026 .