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Recipe Unlimited Corporation (RECP.TO)

Toronto - Toronto Real Time Price. Currency in CAD
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10.42-0.44 (-4.05%)
At close: 3:59PM EDT

Recipe Unlimited Corporation

199 Four Valley Drive
Vaughan, ON L4K 0B8
Canada
905 760 2244
http://www.recipeunlimited.com

Sector(s)Consumer Cyclical
IndustryRestaurants
Full Time Employees

Key Executives

NameTitlePayExercisedYear Born
Mr. Frank HennesseyChief Exec. Officer920kN/A1964
Mr. Kenneth Joseph GrondinChief Financial Officer710kN/A1963
Dave LantzVP, Gen. Counsel & Sec.N/AN/AN/A
Julie DentonChief People OfficerN/AN/AN/A
Mr. Douglas S. MoffatExec. VP, COO of Second Cup Ltd and Exec. VP of Second Cup LtdN/AN/AN/A
Amounts are as of December 31, 2019 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in CAD.

Description

Recipe Unlimited Corporation operates as a multi-branded restaurant, catering, and food manufacturing company that franchises and operates restaurant brands. The company operates through four segments: Corporate Restaurants, Franchise Restaurants, Retail and Catering, and Central Operations. It operates and/or franchises restaurants under the Harvey's, Swiss Chalet, Kelsey's, East Side Mario's, Montana's, Milestones, Prime Pubs, Casey's, Bier Markt, Landing, New York Fries, St-Hubert, Original Joe's, State & Main, Elephant & Castle, The Burger's Priest, The Pickle Barrel restaurants, 1909 Taverne Moderne, The Keg, Fresh, Rose Reisman Catering, and Marigolds & Onions brand names. As of December 29, 2019, the company operated 1,373 restaurants, which include 1,332 in Canada, as well as 41 located in the United States, Bahrain, China, India, Macao, Oman, Panama, Qatar, Saudi Arabia, and the United Arab Emirates; and 23 brands. It also provides call center services for corporate and franchised restaurants; and leases buildings and equipment to franchisees. The company was formerly known as Cara Operations Limited and changed its name to Recipe Unlimited Corporation in May 2018. Recipe Unlimited Corporation was founded in 1883 and is headquartered in Vaughan, Canada.

Corporate Governance

Recipe Unlimited Corporation’s ISS Governance QualityScore as of December 9, 2019 is 10. The pillar scores are Audit: 1; Board: 7; Shareholder Rights: 10; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.