Gaming & Lodging
Papa Johns International Executive Compensation (FY25)
PZZA · Louisville, KY · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025 ◇ Todd Penegor | Latest say-on-pay support = April 30, 2026 | Chief executive pay ratio ◇ To the median employee |
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The paid brief on Papa Johns International
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.
Data as of November 3, 2026Latest filing (8-K): May 6, 2026
14 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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298 figures on this page: 289 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
More on Papa Johns International
Five data products on this company. Each one is requested through the developer setup page.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
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 — Todd Penegor: $4,816,730 → $8,442,953 (75.3% higher)
Say-on-pay support: 93.3% → 85.1% (8.2 points lower)
CEO pay ratio: 820:1 → 849:1 (3.5% higher)
Frequently asked questions
Answers drawn from the data on this page.
Who is Papa Johns International's chief executive and what were they paid?
Todd Penegor, President and Chief Executive Officer, received $8,442,953 in total compensation for fiscal 2025. Penegor's total moved 75.3% higher from the $4,816,730 reported for fiscal 2024.
What was Papa Johns International's say-on-pay result?
Shareholders supported the say-on-pay proposal with 85.1% of votes cast including abstentions in favor at the meeting held April 30, 2026 for fiscal 2025.
Which companies are in Papa Johns International's peer group?
The disclosed peer group includes Bloomin' Brands, Brinker International, Inc., Chipotle Mexican Grill, Inc., Denny's Corp. and Dine Brands Global, Inc., among others.
What is Papa Johns International's chief executive pay ratio?
The company reported a chief executive pay ratio of 849:1 for fiscal 2025, against median employee compensation of $9,947.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Rob Lynch Former President and Chief Executive Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Ann Gugino Former Chief Financial Officer | ◇ | — | ◇ | — | — | — | — | ◇ |
Max Wetzel Former Chief Commercial and Marketing Officer | ◇ | — | ◇ | — | — | — | — | ◇ |
Amanda Clark Chief Operating Officer, International | ◇ | — | ◇ | — | — | — | — | ◇ |
Caroline Oyler Chief Legal and Risk Officer | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Rob Lynch Former President and Chief Executive Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Ravi Thanawala Chief Financial Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Max Wetzel Former Chief Commercial and Marketing Officer Departed during or after this year | ◇ | — | ◇ | — | — | — | ◇ | ◇ |
Ann Gugino Former Interim Chief Financial Officer Departed during or after this year Served on an interim basis | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Amanda Clark Chief Operating Officer, International | ◇ | — | ◇ | — | ◇ | — | — | ◇ |
Caroline Oyler Chief Legal and Risk Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Christopher Collins Former Interim Principal Financial and Accounting Officer Departed during or after this year Served on an interim basis | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Robert Lynch Former President and Chief Executive Officer Departed during or after this year | ◇ | — | ◇ | — | — | — | — | ◇ |
Todd Penegor President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Ravi Thanawala Chief Financial Officer & EVP International and Former Interim President & CEO Served on an interim basis | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Caroline Miller Oyler Chief Legal and Risk Officer, Corporate Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Joseph Sieve Chief Restaurant & Global Development Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Todd Penegor President and Chief Executive Officer | ◇ | ◇ | ◇ | — | ◇ | — | ◇ | ◇ |
Ravi Thanawala Chief Financial Officer & President, North America | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Kevin Vasconi Chief Digital & Technology Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Caroline Miller Oyler Chief Administrative Officer, Corporate Secretary | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Joseph Sieve Former Chief Restaurant & Global Development Officer 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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Caroline Miller Oyler | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Caroline Miller Oyler | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Caroline Miller Oyler | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Caroline Miller Oyler | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Caroline Miller Oyler | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Joseph Sieve | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Joseph Sieve | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Kevin Vasconi | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Kevin Vasconi | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Ravi Thanawala | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Ravi Thanawala | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Todd A. Penegor | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Todd A. Penegor | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 2022, 2023, 2024 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. 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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Todd Penegor | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Ravi Thanawala | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Kevin Vasconi | PSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Caroline Miller Oyler | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Joseph Sieve | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — |
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.
Caroline Miller Oyler
Chief Legal and Risk Officer · Change-in-control agreement
| Clawback | ◇ |
Kevin Vasconi
Chief Digital & Technology Officer · Change-in-control agreement
| Clawback | ◇ |
Ravi Thanawala
Chief Financial Officer & President, North America · Terms as announced by the company
| Clawback | ◇ |
Director compensation
What each non-employee director was paid.
Fiscal 2025
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Christopher L. Coleman Board chair | ◇ | ◇ | — | — | — | — | ◇ |
John W. Garratt | ◇ | ◇ | — | — | — | — | ◇ |
Laurette T. Koellner | ◇ | ◇ | — | — | — | — | ◇ |
Jocelyn C. Mangan | ◇ | ◇ | — | — | — | — | ◇ |
Sonya E. Medina | ◇ | ◇ | — | — | — | — | ◇ |
Stephen L. Gibbs | ◇ | ◇ | — | — | — | — | ◇ |
John C. Miller | ◇ | ◇ | — | — | — | — | ◇ |
Anthony M. Sanfilippo | ◇ | — | — | — | — | — | ◇ |
Todd A. Penegor 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 Deferred 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
- Bloomin' Brands BLMN
- Brinker International, Inc. EAT
- Chipotle Mexican Grill, Inc. CMG
- Denny's Corp. DENN
- Dine Brands Global, Inc. DIN
- Domino's Pizza, Inc. DPZ
- Jack in the Box Inc. JACK
- Krispy Kreme, Inc. DNUT
- Restaurant Brands International Inc. QSR
- Shake Shack, Inc. SHAK
- Texas Roadhouse, Inc. TXRH
- The Cheesecake Factory, Inc. CAKE
- The Wendy's Company WEN
- Wingstop, Inc. WING
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | April 30, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | May 1, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | May 2, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | April 25, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | April 26, 2022 | = | ◇ | ◇ | ◇ |
| 2020 | April 27, 2021 | = | ◇ | ◇ | ◇ |
| 2019 | April 23, 2020 | = | ◇ | ◇ | ◇ |
| 2018 | April 30, 2019 | = | ◇ | ◇ | ◇ |
| 2017 | May 2, 2018 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
Ask our research desk — $99, 24h, every figure cited to its filing.
Sample answer — “What is the CEO’s total compensation?”
- Todd Penegor (President and Chief Executive Officer), FY2025 total compensation $8,442,953 (base salary $1,000,000) [exec_comp, SEC accession 0001628280-26-021204, filed 2026-03-26]What this page does not include
Everything above is a fact Papa Johns International disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Papa Johns International 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 — $500Written 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 — $500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $500Realizable 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 IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about accessMultiple companies at once
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
298 figures on this page: 289 cited to the filing that reported them, 9 calculated from figures it prints.
289 cited to the filing
9 calculated from the filing
Documents cited
- 0001628280-26-030804Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001628280-26-021204CEO Pay Ratio · Director Compensation · Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal Year-End · and 1 more section
- 0001628280-25-021511
- 0001628280-25-015058Summary Compensation Table
- 0001628280-24-020709Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001558370-24-004324Director Compensation · Summary Compensation Table
- 0001157523-23-000685Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001558370-23-004406Summary Compensation Table
- 0001157523-22-000523Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001157523-21-000567Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001104659-20-121397
- 0001157523-20-000588Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001157523-19-001072
- 0001104659-18-031292
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Papa Johns International executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/PZZA (accessed 2026).
Short form: data: Velarion
The paid brief for Papa Johns International
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.
14 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
Peers Papa Johns International discloses
The companies named in PZZA's own disclosed peer group.
Bloomin' BrandsBrinker International, Inc.Chipotle Mexican Grill, Inc.Denny's Corp.Dine Brands Global, Inc.Domino's Pizza, Inc.Jack in the Box Inc.Krispy Kreme, Inc.Restaurant Brands International Inc.Shake Shack, Inc.Texas Roadhouse, Inc.The Cheesecake Factory, Inc.The Wendy's CompanyWingstop, Inc.
Terms on this page
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}
}