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Gaming & Lodging

Cava Group Executive Compensation (FY25)

CAVA · Executive and director compensation, fiscal 2023 to 2025
Chief executive, fiscal 2025
◇
Brett Schulman
Median of the other named officers
$1,536,483
5 officers, excluding the chief executive
Latest say-on-pay support
=
June 22, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of November 3, 2026Latest filing (8-K): June 24, 2026
4 filings cited on this page
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269 figures on this page: 267 cited to the filing that reported them, 2 calculated from figures it prints. See the citations

More on Cava Group

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Brett Schulman: $1,924,218 → $3,859,478 (100.6% higher)
Say-on-pay support: 91.6% → 87.8% (3.8 points lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Cava Group's chief executive and what were they paid?
Brett Schulman was paid $3,859,478 in total compensation as President and Chief Executive Officer for fiscal 2025. Schulman's total was 100.6% higher than the $1,924,218 reported for fiscal 2024.
What was Cava Group's say-on-pay result?
For fiscal 2025, shareholders backed the say-on-pay proposal with 87.8% of votes cast for or against in favor at the meeting held June 22, 2026.
Which companies are in Cava Group's peer group?
The disclosed peer group names Dutch Bros Inc., e.l.f. Beauty, Inc., First Watch Restaurant Group, Inc., Five Below, Inc. and Freshpet, Inc., among others.
What is Cava Group's chief executive pay ratio?
The company reported a chief executive pay ratio of 179:1 for fiscal 2025, against median employee compensation of $21,502.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Brett Schulman
President and Chief Executive Officer
◇—◇◇◇—◇◇
Tricia Tolivar
Chief Financial Officer
◇—◇◇◇—◇◇
Theodoros Xenohristos
Chief Concept Officer
◇—◇◇◇—◇◇
Jennifer Somers
Former Chief Operations Officer
◇—◇◇◇—◇◇
Kelly Costanza
Chief People Officer
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Brett Schulman
President and Chief Executive Officer
◇———◇—◇◇
Tricia Tolivar
Chief Financial Officer
◇———◇—◇◇
Jennifer Somers
Former Chief Operations Officer
◇———◇—◇◇
Kelly Costanza
Chief People Officer
◇———◇—◇◇
Theodoros Xenohristos
Chief Concept Officer
◇———◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Brett Schulman
President and Chief Executive Officer
◇—◇◇◇—◇◇
Jennifer Somers
Former Chief Operations Officer
Departed during or after this year
◇—◇◇——◇◇
Tricia Tolivar
Chief Financial Officer
◇—◇◇◇—◇◇
Kelly Costanza
Chief People Officer
◇—◇◇◇—◇◇
Theodoros Xenohristos
Chief Concept Officer
◇—◇◇◇—◇◇
Robert Bertram
Former Chief Legal Officer and Secretary
Departed during or after this year
◇—◇◇◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Brett SchulmanRSU◇——◇——◇
Brett SchulmanOPTION◇——◇—◇◇
Jennifer SomersRSU◇——◇——◇
Jennifer SomersOPTION◇——◇—◇◇
Kelly CostanzaRSU◇——◇——◇
Kelly CostanzaOPTION◇——◇—◇◇
Robert BertramRSU◇——◇——◇
Robert BertramOPTION◇——◇—◇◇
Theodoros XenohristosRSU◇——◇——◇
Theodoros XenohristosOPTION◇——◇—◇◇
Tricia TolivarRSU◇——◇——◇
Tricia TolivarOPTION◇——◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Brett SchulmanOption◇—◇6/14/2033
RSU◇◇——
RSU◇◇——
Option◇—◇5/10/2032
Option◇—◇4/3/2033
Option◇—◇2/28/2035
RSU◇◇——
RSU◇◇——
Tricia TolivarOption◇—◇6/14/2033
RSU◇◇——
Option◇—◇4/3/2033
Option◇—◇2/28/2035
Option◇—◇5/10/2032
RSU◇◇——
RSU◇◇——
RSU◇◇——
Theodoros XenohristosRSU◇◇——
Option◇—◇6/14/2033
RSU◇◇——
Option◇—◇2/28/2035
Option◇—◇4/3/2033
Option◇—◇5/10/2032
RSU◇◇——
RSU◇◇——
RSU◇◇——
Kelly CostanzaOption◇—◇6/14/2033
RSU◇◇——
RSU◇◇——
Option◇—◇4/3/2033
Option◇—◇2/28/2035
Option◇—◇5/10/2032
RSU◇◇——
RSU◇◇——
RSU◇◇——
Robert BertramOption◇—◇6/14/2033
RSU◇◇——
Option◇—◇4/3/2033
Option◇—◇5/10/2032
Option◇—◇2/28/2035
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Brett Schulman
President and Chief Executive Officer · Severance agreement
Severance multiple◇
Severance base◇
Clawback◇
Jennifer Somers
Former Chief Operations Officer · Severance agreement
Severance base◇
Clawback◇
Kelly Costanza
Chief People Officer · Severance agreement
Excise tax treatment◇
Clawback◇
Robert Bertram
Former Chief Legal Officer and Secretary · Severance agreement
Severance base◇
Excise tax treatment◇
Clawback◇
Theodoros Xenohristos
Chief Concept Officer · Severance agreement
Severance multiple◇
Severance base◇
Change-in-control trigger◇
Excise tax treatment◇
Tricia Tolivar
Chief Financial Officer · Severance agreement
Severance base◇
Clawback◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Ronald Shaich
Board chair
◇◇————◇
Lauri Shanahan
◇◇————◇
James D. White
◇◇————◇
David Bosserman
◇◇————◇
Karen Kochevar
◇◇————◇
Benjamin Felt
◇◇————◇
Philippe Amouyal
◇◇————◇
Brett Schulman and Theodoros Xenohristos served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Dutch Bros Inc. BROS
  • e.l.f. Beauty, Inc. ELF
  • First Watch Restaurant Group, Inc. FWRG
  • Five Below, Inc. FIVE
  • Freshpet, Inc. FRPT
  • Maplebear Inc. CART
  • Planet Fitness, Inc. PLNT
  • Shake Shack Inc. SHAK
  • Sweetgreen, Inc. SG
  • Texas Roadhouse, Inc. TXRH
  • Wingstop Inc. WING
  • YETI Holdings, Inc. YETI

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025June 22, 2026=◇◇◇
2024June 20, 2025=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇

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Sample answer — “What is the CEO’s total compensation?”
- Brett Schulman (President and Chief Executive Officer), FY2025 total compensation $3,859,478 (base salary $861,538) [exec_comp, SEC accession 0001628280-26-027224, filed 2026-04-24]

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What this page does not include

Everything above is a fact Cava Group disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Cava Group sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $500
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
269 figures on this page: 267 cited to the filing that reported them, 2 calculated from figures it prints.
267 cited to the filing
2 calculated from the filing

Documents cited

  1. 0001628280-26-045042
  2. 0001628280-26-027224
    CEO Pay Ratio · Director Compensation · Grants of Plan-Based Awards Table · Outstanding Equity Awards at Fiscal Year-End · and 2 more sections
  3. 0001628280-25-033039
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Cava Group executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/CAVA (accessed 2026).
Short form: data: Velarion

The paid brief for Cava Group

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
$500 for the Executive Compensation Report. Both reports for $900.
Get the executive briefGet the board briefNo account needed.
4 filings cited on this page
Method: intel.velarion.ai/methodology
A report that fails to generate is refunded in full
Published by Velarion Company Intelligence
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Gaming & Lodging rankings

Chief executive pay — Gaming & LodgingCEO pay ratio — Gaming & LodgingSay-on-pay support — Gaming & Lodging

Peers Cava Group discloses

The companies named in CAVA's own disclosed peer group.

Dutch Bros Inc.e.l.f. Beauty, Inc.First Watch Restaurant Group, Inc.Five Below, Inc.Freshpet, Inc.Maplebear Inc.Planet Fitness, Inc.Shake Shack Inc.Sweetgreen, Inc.Texas Roadhouse, Inc.Wingstop Inc.YETI Holdings, Inc.

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
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