Wingstop (NASDAQ: WING) names Raj Kapoor COO as two SVPs exit roles
Rhea-AI Filing Summary
Wingstop Inc. reported a leadership reorganization that includes reinstating the role of Chief Operating Officer and appointing Rajneesh (Raj) Kapoor, previously President of International, to the position effective January 7, 2026. As COO, Mr. Kapoor will oversee domestic and international franchise development and operations, as well as company-owned restaurants.
Mr. Kapoor’s compensation includes a base salary of $625,000 per year and an annual incentive bonus target of $450,000 for fiscal 2026, along with eligibility for existing executive benefit plans. The company also reassigned duties of Marisa J. Carona and Albert McGrath, who will remain employees through March 10, 2026, and whose departures will qualify them for severance benefits under Wingstop’s Amended and Restated Executive Severance Plan.
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FAQ
What executive change did Wingstop (WING) announce in this 8-K?
Wingstop reinstated the Chief Operating Officer role and appointed Rajneesh (Raj) Kapoor, previously President of International, as COO effective January 7, 2026.
What will the new Wingstop COO Raj Kapoor be responsible for?
Raj Kapoor will oversee domestic and international franchise development and operations, as well as company-owned and operated restaurants at Wingstop.
What is Raj Kapoor’s compensation as Wingstop COO?
As COO, Raj Kapoor will receive a $625,000 annual base salary and an annual incentive bonus target of $450,000 for fiscal year 2026, plus participation in existing executive benefit and incentive plans.
What prior experience does Raj Kapoor bring to Wingstop (WING)?
Raj Kapoor has served as Wingstop’s Senior Vice President, President of International since May 2023 and previously spent 27 years at 7-Eleven, Inc. in roles spanning information technology, international, and as Senior Vice President, Fresh Food, Beverages, and Restaurants.
Which other executives are leaving Wingstop and when?
Wingstop reassigned duties and responsibilities of Marisa J. Carona, Senior Vice President, Chief US Franchise Operations and Development Officer, and Albert McGrath, Senior Vice President, General Counsel and Secretary. Both will remain employees through March 10, 2026.
Will the departing Wingstop executives receive severance benefits?
Yes. The departures of Marisa J. Carona and Albert McGrath will qualify them for severance benefits under Wingstop’s Amended and Restated Executive Severance Plan, as described in the company’s April 3, 2025 proxy statement.