G.J. Hart

President, CEO, and Board Member at Red Robin Gourmet Burgers Inc

Board

Since September 2022

Age

67 years

Tenure

Joined as a director in August 2019 and assumed the role of President and CEO in September 2022 at RRGB.

Also at Red Robin Gourmet Burgers Inc

Meghan Spuler

Chief People Officer

Sarah Mussetter

Chief Legal Officer and Secretary

Todd Wilson

Chief Financial Officer (CFO)

About

G.J. Hart serves as the President, Chief Executive Officer, and a member of the Board of Directors at Red Robin Gourmet Burgers, Inc. He first joined the company as a director in August 2019 and then took on his current leadership role in September 2022.

With over 35 years of experience in the restaurant industry, he has successfully led major brands including Torchy’s Tacos, California Pizza Kitchen, and Texas Roadhouse Holdings. His leadership drove significant growth and transformation at these organizations, notably increasing revenues at Texas Roadhouse from $63 million to over $1 billion.

Beyond his executive roles, he has engaged in extensive board service and community initiatives. His strategic decisions at RRGB, such as the launch of a loyalty program and innovative dining experiences, reflect his dedication to both operational excellence and industry innovation.

$RRGB Performance Under G.J. Hart

Past Roles

Organization	Role	Date Range	Details
Torchy’s Tacos	Chief Executive Officer	2018–December 2021	Retired in December 2021
California Pizza Kitchen	Executive Chairman and Chief Executive Officer	2011–2018	Held leadership roles driving growth
Texas Roadhouse Holdings, LLC	President (2000–2011); CEO & Board Member (2004–2011)	2000–2011; 2004–2011	Company’s TSR outperformed the market, and revenues increased from $63 million to over $1 billion
Al Copeland Investments, TriFoods International, New Zealand Lamb Company, and Shenandoah Valley Poultry	Various leadership positions	N/A	Held various leadership roles earlier in his career

External Roles

Organization	Role	Date Range	Details
National Restaurant Association	Board Member	2024–present	N/A
Blessings In A Backpack	Board Member	2023–present	N/A
Portillo’s	Board Member	2014–present	N/A
The Hart School	Board Member	2006–present	N/A
James Madison University of Business	Board Member	2005–present	N/A

Fixed Compensation

Data from FY 2023

Component Name	Amount	Payment Schedule	Additional Details
Base Salary	$1,000,000	Annual, fixed payment	Fixed annual base salary for 2023
Sign-On Bonus	$500,000	1st: $250,000 within 30 days of commencement; 2nd: $250,000 in March 2023	Sign-on cash bonus paid in two installments
Relocation Reimbursement	N/A	According to company policy	Specific amount not detailed
Other Compensation	$65,453	Not specified	Includes $61,490 for moving expenses and $3,962 for other compensation

Performance Compensation

Data from FY 2023

Annual Bonus

Metric	Value	Weight	Details
Target Bonus	$1,000,000	N/A	Based on 100% of annual base salary
Actual Payout	$1,301,170	N/A	Achieved bonus of 130.12% of target
Annual Adjusted EBITDA	Target: $65,044,000; Actual: $68,885,000 (105.9% achievement)	60%	Contributed 77.73% to overall bonus payout
Quarterly Adjusted EBITDA	Same target as annual; Achievement: 105.9%, 100% payout before weighting	25%	Based on four quarterly measures
G&A Expenses	Target: $81,812,000; Actual: $81,553,000 (100% achievement, 133.33% payout pre-weighting)	15%	Contributed 20% to overall bonus payout
True-Up Adjusted EBITDA	105.91% of target	N/A	Additional true-up yielding 7.39% contribution to bonus payout

Short-Term Incentive (STI)

Metric	Value	Weight	Details
Threshold	$362,500	N/A	Minimum performance level for cash incentive
Target	$1,000,000	N/A	Based on annual base salary
Maximum	$1,900,000	N/A	Cap for the STI payout
Adjusted EBITDA Contribution	N/A	85%	Comprises 60% (annual measure) and 25% (quarterly measures)
G&A Expenses Contribution	N/A	15%	Additional payout can increase up to 33.33% based on strategic area objectives
Actual STI Payout	$1,301,170	N/A	Reflects overall achievement of 130.12% of target bonus

Restricted Stock Units (RSUs)

Metric	Value	Details
Grant Date	March 20, 2023	Date of award
Grant Date Fair Value	$185,356	Valuation per grant
Vesting Schedule	Ratably over 3 years	Vests on each anniversary of the grant date
Vesting Condition	Continued employment	Time-based vesting; not performance-dependent
Total Target Value	$2,000,000	Represents 50% of total long-term incentive award

Performance Stock Units (PSUs)

Metric	Value	Details
Performance Metric	Relative Total Shareholder Return (TSR)	Measured over a 3-year period (2023-2025)
Payout Scale (Units)	Threshold: 46,339; Target: 185,356; Maximum: 370,712	Linear interpolation between thresholds
Payout Percentages	Below Minimum: 0%, Minimum: 25%, Target: 100%, Maximum: 200%	Based on TSR relative to a peer group
Vesting Schedule	Cliff vesting	Vesting occurs at the end of the 3-year performance period; contingent on continued employment
Additional Conditions	If TSR is negative	Maximum payout capped at 100% of target grant amount