Texas Roadhouse CEO Gives Up Salary To Pay Front-Line Employees During Coronavirus Crisis
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The CEO of Texas Roadhouse restaurants is giving up his salary and bonus for the year in order to pay the chain’s front line employees during the Coronavirus pandemic.
From the pay period starting March 18 through January 7, 2021, Kent Taylor will forgo his base salary and bonus; a move revealed in a securities filing, according to FSR magazine.
In 2018, Taylor’s base salary was $525,000 and his incentive compensation bonus was $829,316, according to Louisville Business First.
Taylor began the popular steakhouse chain in 1993, reportedly growing to 611 restaurants in 49 states and 10 foreign countries.
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