Wendy’s President and CEO Emil Brolick earned total compensation valued at $4.6 million in 2011 after taking the helm of the hamburger chain in September, according to a Securities and Exchange Commission filing Friday. Wendy’s outgoing CEO Roland Smith, who retired rather than relocate to Ohio from Atlanta after Wendy’s sold most of Arby’s, took home about $16.5 million in total compensation last year, including $11.4 million in severance pay. That pay package was up more than three-fold from the $4.9 million in total compensation that Smith earned in 2010. Brolick’s 2011 compensation included $338,462 in base salary for time served in the role; his base salary for the full year is $1.1 million. Brolick also received a $500,000 signing bonus, $3.2 million in stock and option awards and $533,000 in non-equity incentive plan compensation. Brolick, a former chief operating officer at Yum Brands, joined Wendy’s on Sept. 12. FoxWhy Wendy’s pigtails are standing on end
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Wendy’s President and CEO Emil Brolick earned total compensation valued at $4.6 million in 2011 after taking the helm of the hamburger chain in September, according to a Securities and Exchange Commission filing Friday. Wendy’s outgoing CEO Roland Smith, who retired rather than relocate to Ohio from Atlanta after Wendy’s sold most of Arby’s, took home about $16.5 million in total compensation last year, including $11.4 million in severance pay. That pay package was up more than three-fold from the $4.9 million in total compensation that Smith earned in 2010. Brolick’s 2011 compensation included $338,462 in base salary for time served in the role; his base salary for the full year is $1.1 million. Brolick also received a $500,000 signing bonus, $3.2 million in stock and option awards and $533,000 in non-equity incentive plan compensation. Brolick, a former chief operating officer at Yum Brands, joined Wendy’s on Sept. 12. Fox