"Texas Roadhouse" Ceo donates bonus to front line workers

discusdad

By: KXXV Staff

Texas Roadhouse CEO Kent Taylor has chosen forego his salary and bonus pay period through the end of 2020 in order to support employees furloughed due to the COVID-19 pandemic, according to MarketWatch.com.

According to a filing with the Securities and Exchange Commission, the chain's board of directors also voted Tuesday to suspend the payment of quarterly cash dividends of the company's common stock.

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The board said the filings were made to "better manage its cash position and enhance financial flexibility in light of the uncertainty in the global markets resulting from the COVID-19 outbreak."

mogley98

Good move when they re open I'll go there

austin20

Kent is a sincerely good guy

drobs

"In 2018, Taylor's salary was $1.3 million."

Awesome guy to do that.

nunn

That is just too cool.  Texas Roadhouse is a great and popular place to eat.  We celebrated Dawnie's birthday at the one in Sherman.  Soon as this illness scare is over, we will eat there again, and feel good about it.

nunn

https://www.kxxv.com/news/national/truckers-photo-of-receipt-goes-viral-thankful-for-texas-roadhouses-support

Seems like a good outfit overall.

Grasshopper

  Very good! We have one about 30 miles from me and for a chain it is good. Course I love the bread rolls, and eat to many.

Rocky Raab

Please note that there is one high muckety-muck who has made no such honorable sacrifice to help a struggling organization. His name is Wayne LaPierre.

Sam06

voted Tuesday to suspend the payment of quarterly cash dividends of the company's common stock.

Great news unless you are a stock holder.