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Ronald M. Shaich net worth and biography

Ronald Shaich Biography and Net Worth

Director of CAVA Group

Ronald Shaich has served as Chair of our Board of Directors since November 2018. Mr. Shaich is the Managing Partner and Chief Executive Officer of Act III Holdings, LLC (“Act III”), which he founded in January 2018. Mr. Shaich also founded Panera Bread Company, where he served as Chief Executive Officer from 1984 to 2010 and from March 2012 to December 2017, and as a member of its board of directors from 1981 to 2018, including as Chair between 1988 and 2018. Mr. Shaich serves in the capacity as Chair of Act III’s privately-held portfolio companies including Tatte Bakery and Café, Life Alive Organic Café, and Level99. In addition, Mr. Shaich serves on the board of directors of Cambridge Innovation Center and Farmer’s Business Network. Mr. Shaich has also served on the board of directors of Whole Foods Market and as Chair of the Board of Trustees of Clark University and is currently a Clark trustee. Mr. Shaich received his B.A. in Political Science and Government and D.H.L. from Clark University and his M.B.A. from Harvard Business School.

What is Ronald M. Shaich's net worth?: The estimated net worth of Ronald M. Shaich is at least $711,100.00 as of June 5th, 2024. Mr. Shaich owns 5,000 shares of CAVA Group stock worth more than $711,100 as of November 21st. This net worth estimate does not reflect any other assets that Mr. Shaich may own. Learn More about Ronald M. Shaich's net worth.
How do I contact Ronald M. Shaich?: The corporate mailing address for Mr. Shaich and other CAVA Group executives is 14 Ridge Square NW, Suite 500, Washington, DC 20016, United States. CAVA Group can also be reached via phone at 202-400-2920 and via email at [email protected]. Learn More on Ronald M. Shaich's contact information.
Has Ronald M. Shaich been buying or selling shares of CAVA Group?: Ronald M. Shaich has not been actively trading shares of CAVA Group during the past quarter. Most recently, Ronald M. Shaich sold 1,231,979 shares of the business's stock in a transaction on Wednesday, June 5th. The shares were sold at an average price of $87.25, for a transaction totalling $107,490,167.75. Following the completion of the sale, the director now directly owns 5,000 shares of the company's stock, valued at $436,250. Learn More on Ronald M. Shaich's trading history.
Who are CAVA Group's active insiders?: CAVA Group's insider roster includes Kenneth Bertram (Chief Legal Officer & Secretary), Karen Kochevar (Director), Brett Schulman (Co-Founder & CEO), Ronald Shaich (Director), Tricia Tolivar (CFO), and Theodoros Xenohristos (Director). Learn More on CAVA Group's active insiders.
Are insiders buying or selling shares of CAVA Group?: During the last year, insiders at the sold shares 13 times. They sold a total of 5,287,797 shares worth more than $386,626,870.25. The most recent insider tranaction occured on November, 15th when Director Karen Kochevar sold 15,000 shares worth more than $2,100,000.00. Insiders at CAVA Group own 12.1% of the company. Learn More about insider trades at CAVA Group.
Information on this page was last updated on 11/15/2024.

Ronald M. Shaich Insider Trading History at CAVA Group

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
6/5/2024	Sell	1,231,979	$87.25	$107,490,167.75	5,000
3/4/2024	Sell	1,500,000	$57.20	$85,800,000.00	4,457,634

Ronald M. Shaich Buying and Selling Activity at CAVA Group

CAVA Group Company Overview

CAVA Group, Inc. owns and operates a chain of restaurants under the CAVA brand in the United States. The company also offers dips, spreads, and dressings through grocery stores. In addition, the company provides online and mobile ordering platforms. Cava Group, Inc. was founded in 2006 and is headquartered in Washington, the District of Columbia.

Today's Range

Now: $142.22

$137.27

$142.34

50 Day Range

MA: $132.82

$122.44

$147.86

2 Week Range

Now: $142.22

$31.47

$172.43

Volume

603,635 shs

Average Volume

2,775,122 shs

Market Capitalization

$16.30 billion

P/E Ratio

309.17

Dividend Yield

N/A

Beta

3.23

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