Outback Steakhouse's new CEO gets $500,000 signing bonus—even though he got one from Delta just a year before [Fortune]
Bloomin' Brands, Inc. (BLMN)
Last bloomin' brands, inc. earnings: 2/18 07:00 am
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US:NASDAQ Investor Relations:
investors.bloominbrands.com/investor-relations
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Source: Fortune
Delta gave Mike Spanos a $250,000 signing bonus to join the airline as its chief operating officer last June, but he'll now get double that just by signing the dotted line to become CEO of Bloomin Brands', the parent of Outback Steakhouse, in a move announced Monday. All told, Spanos' initial compensation package is valued at almost $12.3 million. That's over 1 million orders of the Bloomin' Onion, Outback's signature fried appetizer currently priced at $10.99. Meanwhile, Spanos will continue to receive perks from Delta, including free flights for him and his family. In a filing with the SEC, Delta said Spanos would receive the benefits provided under the company's officer and director severance plan. Under that plan, Spanos is entitled to up to $15,000 of complimentary travel and access to the airline's members-only lounge for himself, his immediate family and other designated guests, according to the company's latest proxy statement , as long as his departure is considered termi
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News
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BLMN
Earnings
- 8/6/24 - Miss
BLMN
Sec Filings
- 9/11/24 - Form 3
- 9/5/24 - Form 4
- 9/5/24 - Form 4
- BLMN's page on the SEC website