Sign in

    Kevin D. Hochman

    President and CEO of Brinker International, Inc. at Brinker International Inc
    Since June 2022
    Age
    50 years
    Tenure
    Has served as President and CEO of Brinker International, Inc. and President of Chili's Grill & Bar since June 2022.

    Also at Brinker International Inc

    AMW
    Aaron M. White
    Executive Vice President and Chief People Officer
    CMC
    Christopher M. Caldwell
    Senior Vice President and Chief Information Officer
    DSF
    Daniel S. Fuller
    Senior Vice President, Chief Legal Officer, and Secretary

    About

    Kevin D. Hochman is a seasoned executive with extensive experience in the food and restaurant industry. He has held several key leadership roles over the course of his career, including significant tenures at renowned companies such as Yum! Brands, Inc. and Procter & Gamble.

    During his time at Yum! Brands, he served in multiple capacities across different brands. Notably, he was the President and Chief Concept Officer for KFC U.S. from March 2017 to May 2022, the Interim President of Pizza Hut U.S. from December 2019 to January 2022, and the Chief Marketing Officer for KFC U.S. from January 2014 to February 2017, contributing to the overall brand strategy and business performance.

    Before his tenure at Yum!, he spent 18 years at Procter & Gamble, where he developed his leadership and strategic skills. His comprehensive experience in marketing, operations, and consumer behavior has helped shape his approach to steering large-scale organizations in the competitive restaurant sector.

    At Brinker International, Inc., he currently holds the top executive role, serving also as the President of Chili's Grill & Bar, where his continued leadership focuses on innovation and growth in the food service industry.

    $EAT Performance Under Kevin D. Hochman

    Past Roles

    OrganizationRoleDate RangeDetails
    Yum! Brands, Inc.President and Chief Concept Officer of KFC U.S.March 2017 to May 2022 Oversaw KFC's overall brand strategy and business performance in the US.
    Yum! Brands, Inc.Interim President of Pizza Hut U.S.December 2019 to January 2022 Drove profitable same-store sales and managed franchise operations for Pizza Hut U.S..
    Yum! Brands, Inc.Chief Marketing Officer for KFC U.S.January 2014 to February 2017 Led marketing initiatives for KFC U.S..
    Procter & GambleSenior Leadership Positions18-year tenure Held various senior leadership roles during his tenure.

    Fixed Compensation

    Data from  FY 2024
    Component NameAmountPayment ScheduleAdditional Details
    Base Salary$939,808 Annual (2024)N/A
    401(k) Company Matching$13,700 Annual (2024)N/A
    Insurance Premiums$16,449 Annual (2024)Covers Life, Retiree Medical, and Long-Term Care premiums
    Other Compensation$47,132 Annual (2024)Includes $36,477 relocation expenses and $10,655 for other perquisites

    Performance Compensation

    Data from  FY 2024

    Short-Term Incentive Plan (Bonus Plan)

    MetricThresholdTargetMaximumWeighting
    Adjusted PBT$139.15M (50% payout) $173.94M (100% payout) $217.42M (200% payout) 60%
    Revenue KPI$4.10B (0% payout) $4.32B (100% payout) $4.53B (200% payout) 40%
    • Actual Achievements: Adjusted PBT at $229.77M and Revenue KPI at $4.42B.
    • Combined Payout Multiplier: 178.26%, resulting in an actual payout of $2,184,525 compared to a target of $1,225,471.

    Performance Shares (Long-Term Incentive)

    MetricThresholdTargetMaximum
    Adjusted EBITDA$376.6M $443M $509.5M
    • Vesting Schedule: Vests at the end of fiscal 2026 (three-year performance period).
    • Grant Details:
      • Grant Date: August 31, 2023
      • Grant Date Fair Value: $2,699,999
      • Award Shares: 772 (threshold), 77,209 (target), 154,418 (maximum)

    Equity Incentive Plan Awards (Fiscal 2024 Grants)

    DetailValue
    Performance MetricAdjusted EBITDA
    VestingPerformance shares vest at end of fiscal 2026; RSUs vest in three equal annual installments
    Grant DateAugust 31, 2023
    Grant Date Fair Value (Performance Shares)$2,699,999
    Number of Shares (Performance)772 / 77,209 / 154,418
    RSUs - Grant Date Fair Value$1,799,986
    RSUs - Number of Shares54,995

    Potential Payments Upon Termination or Change in Control

    • Conditions: Applies for involuntary not-for-cause termination or resignation for good reason, and in cases of death or disability.
    • Payout Details: May retain a pro-rata portion or full performance share value, with a potential maximum payout of $10,834,895 under specific conditions.

    This detailed breakdown outlines the performance compensation components for 2024, including metrics, thresholds, targets, weights, vesting schedules, evaluation periods, and actual performance outcomes.