CAVA Names Doug Thompson Chief Operations Officer, Effective March 2
CAVA Group announced that Douglas W. Thompson will become its Chief Operations Officer effective March 2, 2026, overseeing restaurant operations and field teams and reporting to CEO Brett Schulman. The filing sets out his compensation, including a $550,000 base salary, a target cash bonus of 75% of base salary, and a $200,000 relocation and sign-on bonus, which adds a new operations executive and the associated pay terms for shareholders to note.
Key points
- Thompson, 62, becomes Chief Operations Officer effective March 2, 2026 and reports directly to CEO Brett Schulman.
- Offer letter provides a $550,000 annual base salary and a target cash bonus of 75% of base salary.
- Equity award with approximate grant date value of $1,200,000 expected from fiscal 2027, plus a one-time restricted stock unit grant of approximately $500,000 and a $200,000 sign-on bonus.
- Thompson was CEO of Tumble 22 Texas Chicken Joint from October 2022 and served as COO of Texas Roadhouse from August 2018 to December 2021.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 12:57 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 12, 2026.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.