Red Robin Appoints Mark Graff as New CFO, Bringing Extensive Restaurant Industry Financial and Operational Leadership
Summary
Red Robin Gourmet Burgers, Inc. has appointed Mark Graff, formerly President of Bonefish Grill at Bloomin' Brands, as its new Chief Financial Officer, effective May 4, 2026.
Key Events
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New Chief Financial Officer Appointed
Mark Graff, with over a decade of experience at Bloomin' Brands, including as President of Bonefish Grill and Fine Dining, will assume the CFO role effective May 4, 2026. He will become the principal financial and accounting officer on May 31, 2026.
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Interim CFO Transition
Christopher Meyer's interim role as principal financial and accounting officer will conclude on May 31, 2026, as planned, succeeding him with Mr. Graff.
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Executive Compensation Package
Mr. Graff's compensation includes an annual base salary of $500,000, a $50,000 sign-on bonus, a target annual bonus of 75% of base salary, and an equity inducement award with a target value of 120% of his base salary.
Analysis
This appointment is a significant positive development for Red Robin, bringing a highly experienced financial and operational leader to the executive team. Mr. Graff's extensive background at Bloomin' Brands, where he managed a substantial business unit and led strategic financial initiatives, is directly relevant to Red Robin's efforts to improve operational efficiency and drive growth. The transition from an interim CFO to a permanent, seasoned executive provides stability and signals a commitment to long-term financial strategy. His compensation package, including a substantial equity award, reflects the company's investment in attracting top-tier talent to navigate its financial future.
At the time of this filing, RRGB was trading at $3.60 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $64.9M. The 52-week trading range was $2.46 to $7.89. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.