$RRGB·8-K

RED ROBIN GOURMET BURGERS INC · Apr 30, 8:00 AM ET

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RED ROBIN GOURMET BURGERS INC 8-K

Research Summary

AI-generated summary

Updated

Red Robin Appoints New CFO Mark Graff; Interim CFO to Depart

What Happened

  • Red Robin Gourmet Burgers, Inc. (RRGB) announced the appointment of Mark Graff as Chief Financial Officer, effective May 4, 2026, and that he will assume the company’s principal financial officer and principal accounting officer roles on May 31, 2026. Christopher Meyer’s service as interim principal financial officer and principal accounting officer will conclude on May 31, 2026, when his independent contractor agreement expires.

Key Details

  • Appointment and timing: Mark Graff appointed April 29, 2026; CFO role effective May 4, 2026; principal financial/accounting officer duties begin May 31, 2026. Christopher Meyer’s engagement ends May 31, 2026.
  • Compensation: Annual base salary of $500,000; annual bonus eligibility with a target of 75% of base salary (prorated for 2026); equity inducement award target equal to 120% of base salary for 2026.
  • Severance and covenants: Eligible for the company’s Executive Severance Plan with 1.0x cash severance multipliers and 12 months of benefits continuation in both change-in-control and non-change-in-control qualifying terminations. Employment agreement includes nondisclosure, nondisparagement, and 12-month post-employment non‑compete and non‑solicit restrictions.
  • Background: Graff, age 47, most recently served as President of Bonefish Grill and Fine Dining at Bloomin’ Brands (Nov 2023–Nov 2025) and held senior finance, strategy and investor relations roles at Bloomin’ Brands (2012–2025); prior roles at Deloitte (2010–2012) and Raymond James (2004–2010).

Why It Matters

  • This is a material leadership change in Red Robin’s finance organization: a permanent CFO is being installed with defined pay and severance terms, and the interim CFO will exit at month-end. For investors, a new CFO can affect financial strategy, reporting continuity, and investor communications. The filing provides clear timelines and compensation terms but contains no forward-looking financial guidance.

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