Coronavirus
Coronavirus Information Center
Severe weather outlook South Dakota

Texas Roadhouse CEO gives up salary, bonus to pay front-line workers during coronavirus pandemic

National News

AUSTIN, Texas – Texas Roadhouse’s CEO is giving up his salary and bonuses this year to help employees during the coronavirus pandemic.

According to MarketWatch, the move affects W. Kent Taylor’s pay from March 18 through Jan. 7, 2021. His base salary and bonus will instead go to front-line workers during that time.

Taylor has a base salary of $525,000 and earned total compensation of $1.3 million in 2018, according to Louisville Business First.

MarketWatch also reported that Texas Roadhouse will suspend its dividend in an effort to conserve cash during the pandemic.

In a message on the chain’s website, Taylor said Texas Roadhouse locations would remain open for To-Go and Curbside services because “restaurants play a vital role in our nation’s food supply, and we are going to help fill the gap where and how we can.”

Texas Roadhouse restaurants are also offering special family packs for order; some have turned their parking lots into drive-thrus in response to prohibitions on offering dine-in meals.

Copyright 2020 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Latest Stories

More Local News

Recent Videos

Teaching child abuse prevention

DSU wins big

Flight Club

WDA Soccer 9-19

Hannah Herbel

Robert One Minute 9-19

Grocery Giveaway

Street Fair

White House Interview Part 2

Homicide in Williston

COVID-19 ND Watch 9-19

Friday Night Football Frenzy 2 9-18

Friday Night Football Frenzy 9-18

Embrace Update

Education Center funded

Drought Update

Friday, November 18th, 2020 - KX Storm Team Evening Forecast - Dave Holder

WDA Girl's Golf

YHF

Mental Health

More Video

KX News Trending Stories

COVID Symptoms infographic

North Dakota Resources

North Dakota Resources

More Resources

Don't Miss

More Don't Miss