NDLS · NOODLES & Co · Executive Compensation

$13.12 -0.49 (-3.60%)

Market Cap

$83.12M

5.97M

Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.

Fiscal 2025

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Joseph D. Christina	CEO	$407,116	—	$388,700	—	$82,569	$11,335	$889,720
Joseph Christina	President and Chief Executive Officer	$407,116	—	$388,700	—	$82,569	$11,335	$889,720
Drew Madsen	—	$547,692	—	$296,933	—	—	$24,360	$868,985
Mike Hynes	Chief Financial Officer	$382,611	—	$99,328	—	$51,002	$16,623	$549,564
Corey Kline	Executive Vice President, IT	$297,541	—	$37,248	—	$26,445	$15,846	$377,080
Kathy Lockhart	Chief Accounting Officer	$293,339	—	$37,248	—	$26,429	$19,194	$376,210

Fiscal 2024

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Former CEO	—	$800,654	—	$1,205,178	$262,500	$160,000	$11,304	$2,439,636
Drew Madsen	CEO	$800,654	—	$1,205,178	$262,500	$160,000	$11,304	$2,439,636
Brad West	Executive Vice President, Operations	$388,698	—	$219,339	—	$56,454	$12,582	$677,073
Mike Hynes	CFO	$379,202	—	$219,339	—	$56,288	$11,937	$666,766
Melissa Heidman	Former Executive Vice President, General Counsel & Secretary	$189,658	—	$191,922	—	$17,132	$213,493	$612,205
Corey Kline	Executive Vice President, IT	$293,034	—	$68,543	—	$25,461	$15,477	$402,515
Kathy Lockhart	Chief Accounting Officer	$283,726	—	$68,543	—	$23,115	$19,207	$394,591

Fiscal 2023

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Dave Boennighausen	—	$605,775	—	$1,199,997	—	—	$118,504	$1,924,276
Stacey Pool	Chief Marketing Officer	$368,308	—	$399,999	—	—	$22,311	$790,618
Brad West	Executive Vice President, Operations	$368,308	—	$399,999	—	—	$12,422	$780,729
Melissa Heidman	Former Executive Vice President, General Counsel & Secretary	$336,225	—	$349,991	—	—	$18,917	$705,133
Carl Lukach	—	$192,546	—	$399,999	—	—	$7,270	$599,815
Former CEO	—	$61,800	—	$252,000	—	—	$160,200	$474,000
Drew Madsen	CEO	$61,800	—	$252,000	—	—	$160,200	$474,000
Corey Kline	Executive Vice President, IT	$266,000	—	$124,995	—	—	$20,617	$411,612
Kathy Lockhart	Chief Accounting Officer	$264,748	—	$124,995	—	—	$18,620	$408,363
Mike Hynes	CFO	$137,308	—	$249,998	—	—	$2,948	$390,254

Fiscal 2022

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Dave Boennighausen	CEO	$641,385	—	$1,199,986	—	$134,063	$18,131	$1,993,565
Former CEO	—	$641,385	—	$1,199,986	—	$134,063	$18,131	$1,993,565
Former CFO	—	$375,577	—	$399,987	—	$62,082	$15,389	$853,035
Carl Lukach	CFO	$375,577	—	$399,987	—	$62,082	$15,389	$853,035
Brad West	Executive Vice President, Operations	$353,269	—	$399,987	—	$60,750	$20,978	$834,984
Stacey Pool	Chief Marketing Officer	$353,269	—	$399,987	—	$63,450	$16,955	$833,661
Melissa Heidman	Former Executive Vice President, General Counsel & Secretary	$325,237	—	$349,994	—	$48,322	$18,388	$741,941
Kathy Lockhart	Chief Accounting Officer	$255,352	—	$124,985	—	$26,528	$18,667	$425,532
Corey Kline	Executive Vice President, IT	$257,208	—	$124,985	—	$25,594	$15,801	$423,588

Fiscal 2021

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Former CEO	—	$614,539	—	$1,199,967	—	$576,285	$17,952	$2,408,743
Dave Boennighausen	CEO	$614,539	—	$1,199,967	—	$576,285	$17,952	$2,408,743
Former CFO	—	$350,000	—	$399,961	—	$195,825	$107,069	$1,052,855
Carl Lukach	CFO	$350,000	—	$399,961	—	$195,825	$107,069	$1,052,855
Stacey Pool	Chief Marketing Officer	$333,077	—	$399,961	—	$187,433	$16,955	$937,426
Brad West	Executive Vice President, Operations	$329,423	—	$399,961	—	$187,433	$18,818	$935,635
Melissa Heidman	Executive Vice President, General Counsel & Secretary	$314,077	—	$349,966	—	$147,335	$15,910	$827,288

Fiscal 2020

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Dave Boennighausen	CEO	$565,385	—	$1,200,000	—	$240,000	$5,080	$2,010,465
Stacey Pool	Chief Marketing Officer	$296,250	$100,000	$399,992	—	$78,000	$4,756	$878,998
Ken Kuick	—	$219,423	—	$399,992	—	—	$116,550	$735,965
Brad West	Executive Vice President, Operations	$287,193	—	$349,992	—	$61,200	$8,790	$707,175
Melissa Heidman	Executive Vice President, General Counsel & Secretary	$287,193	—	$349,992	—	$61,200	$8,590	$706,975
Carl Lukach	CFO	$16,154	$50,000	$99,995	—	—	—	$166,149

Fiscal 2019

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Dave Boennighausen	CEO	$548,654	—	$399,997	$200,041	$468,180	$13,597	$1,630,469
Former CFO	—	$330,769	—	$199,994	$100,021	$173,880	$16,191	$820,855
Melissa Heidman	Executive Vice President, General Counsel & Secretary	$284,231	—	$166,662	$83,349	$137,700	$15,320	$687,262
Brad West	Executive Vice President, Operations	$261,539	—	$166,662	$83,349	$137,700	$7,966	$657,216

Fiscal 2018

Executive	Role	Salary	Bonus	Stock Awards	Option Awards	Incentive	Other	Total
Dave Boennighausen	CEO	$525,000	—	$581,997	$174,996	$426,825	$13,517	$1,722,335
Brad West	Executive Vice President, Operations	$233,462	—	$307,332	$115,455	$101,896	$4,833	$762,978
Melissa Heidman	Executive Vice President, General Counsel & Secretary	$243,954	$12,813	$222,230	$79,998	$119,240	$11,825	$690,060
Former CFO	—	$33,750	—	$179,998	$119,996	$19,219	$77,118	$430,081

Executive changes

Person	Role	Change	Effective	Filed
Drew Madsen	Chief Executive Officer	Resigned	2025-08-31	2025-08-05
Joseph Christina	member of the Board	Appointed	2025-08-31	2025-08-05
Joseph Christina	President and Chief Executive Officer	Appointed	2025-08-31	2025-08-05
Joe Christina	President and Chief Operating Officer	Appointed	2025-02-18	2025-02-19
Joseph Christina	President and Chief Operating Officer	Appointed	2025-02-24	2025-02-19
Brad West	Chief Operating Officer	Retired	2025-06-30	2024-09-11
Britain Peakes	Class III director	Appointed	2024-06-10	2024-06-11
Stacey Pool	Chief Marketing Officer	Resigned	2024-05-17	2024-04-19
Drew Madsen	Chief Executive Officer	Appointed	2024-03-06	2024-03-07
Dave Boennighausen	Chief Executive Officer	Terminated	2023-11-09	2023-11-13
Drew Madsen	interim Chief Executive Officer	Appointed	2023-11-09	2023-11-13

Key facts CIK 1275158 CUSIP 65540B303 13F (30d) 3 filings 3 filers Visit website Investor relations