Management criteria checks 2/4
Toast's CEO is Aman Narang, appointed in Jan 2024, has a tenure of less than a year. total yearly compensation is $4.77M, comprised of 0.4% salary and 99.6% bonuses, including company stock and options. directly owns 3.54% of the company’s shares, worth $494.21M. The average tenure of the management team and the board of directors is 0.7 years and 4 years respectively.
Key information
Aman Narang
Chief executive officer
US$4.8m
Total compensation
| CEO salary percentage | 0.4% |
| CEO tenure | less than a year |
| CEO ownership | 3.5% |
| Management average tenure | less than a year |
| Board average tenure | 4yrs |
Recent management updates
Recent updates
Toast: Widening Competitive Moat And Significant Growth Runway
Aug 01
Toast: Perfectly Warm, But Needs More Butter
Jun 17
Toast: Strong Q1 Earnings, Raising Price Target As Management Delivers
May 08
Toast: Getting Closer And Closer To Profitability
Apr 25
Toast: Toasting To Success, Premium Valuation Justified
Apr 04
Toast: Increasing My Price Target, As Revenue And Margins Rise
Mar 20
Toast, Inc. (NYSE:TOST) Stock Rockets 27% But Many Are Still Ignoring The Company
Feb 24
Toast: Turning The Corner On Profits
Feb 17
Toast: Growing Customer Adoption And Expanding Margins Will Likely Drive Impressive Returns
Jan 17
Toast: Innovation To Power Growth
Dec 16
Toast, Inc. (NYSE:TOST) Might Not Be As Mispriced As It Looks
Nov 10
Toast Earnings: Revenue Growth Challenges In A Competitive Market
Nov 08
Toast: Just Starting To Lift Off
Oct 24
Toast: Toasting To Growth, Buttering Up The Restaurant Industry
Sep 22
The Bullish Case For Toast After Strong Earnings
Aug 22
Toast: Serving Another Successful Quarter
Aug 13
Toast: Q2 Earnings Preview, Remains A 'Buy'
Jul 26
Toast: Buying The Selloff
Jul 20
Toast: Empowering Restaurants With Cutting-Edge Technology
Jun 14
Toast Q4 2022 Earnings Preview
Feb 15
Toast: The All-In-One Restaurant Solution
Feb 03
Toast: The Problem With How It Is Earning Its Payment Revenue
Dec 12
CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Jun 30 2024 | n/a | n/a | -US$136m |
| Mar 31 2024 | n/a | n/a | -US$248m |
| Dec 31 2023 | US$5m | US$20k | -US$246m |
| Sep 30 2023 | n/a | n/a | -US$310m |
| Jun 30 2023 | n/a | n/a | -US$377m |
| Mar 31 2023 | n/a | n/a | -US$333m |
| Dec 31 2022 | US$4m | US$20k | -US$275m |
| Sep 30 2022 | n/a | n/a | -US$174m |
| Jun 30 2022 | n/a | n/a | -US$330m |
| Mar 31 2022 | n/a | n/a | -US$411m |
| Dec 31 2021 | US$1m | US$197k | -US$487m |
Compensation vs Market: Aman's total compensation ($USD4.77M) is below average for companies of similar size in the US market ($USD13.03M).
Compensation vs Earnings: Aman's compensation has increased whilst the company is unprofitable.
CEO
Aman Narang (41 yo)
less than a year
Tenure
US$4,774,556
Compensation
Mr. Aman Narang is a Co-Founder of Toast, Inc. and had been its President since March 2023 and was its Co-President since December 2012 until March 2023 and is Chief Executive Officer from January 01, 2024...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | less than a year | US$4.77m | 3.54% $ 494.2m | |
| Co-Founder | less than a year | US$4.30m | 5.6% $ 782.4m | |
| Chief Financial Officer | 3.3yrs | US$5.45m | 0.033% $ 4.6m | |
| Senior VP | 7.8yrs | US$3.14m | 0.045% $ 6.2m | |
| Chief Technology Officer | 2.7yrs | no data | no data | |
| Chief Marketing Officer | less than a year | no data | no data | |
| Chief People Officer | less than a year | no data | no data | |
| Chief Revenue Officer | 2.7yrs | no data | 0.0059% $ 828.5k | |
| Chief Customer Officer | 2.7yrs | no data | no data | |
| Senior VP & GM of FinTech | less than a year | no data | no data | |
| Senior VP & GM of Commerce | less than a year | no data | no data | |
| Chief of Staff | less than a year | no data | no data |
0.7yrs
Average Tenure
45yo
Average Age
Experienced Management: TOST's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Co-Founder | 3.7yrs | US$4.77m | 3.54% $ 494.2m | |
| Co-Founder | 3.1yrs | US$4.30m | 5.6% $ 782.4m | |
| Independent Director | 7.3yrs | US$314.23k | 0.043% $ 6.0m | |
| Independent Director | 3.5yrs | US$314.23k | 0.0084% $ 1.2m | |
| Independent Director | 5.5yrs | US$314.23k | 0.0047% $ 660.8k | |
| Independent Chairperson | 4.4yrs | US$379.23k | 0.015% $ 2.2m | |
| Independent Director | 8.8yrs | US$319.23k | 0.075% $ 10.4m | |
| Director | 8.8yrs | US$8.59m | 1.62% $ 226.9m | |
| Independent Director | 2.8yrs | US$313.40k | 0.0053% $ 739.1k | |
| Independent Director | 3.6yrs | US$329.23k | 0.0081% $ 1.1m |
4.0yrs
Average Tenure
57yo
Average Age
Experienced Board: TOST's board of directors are considered experienced (4 years average tenure).
