Toast, Inc. (TOST)

23.85 -0.89 (-3.60%) At close: 04:00PM EST

Toast, Inc.

401 Park Drive
Suite 801
Boston, MA 02215
United States
617 297 1005
https://www.toasttab.com

Sector(s): Technology
Industry: Software—Infrastructure
Full-time employees: 3,172

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Christopher P. Comparato	Chairman, CEO & Director	349.76k	N/A	1967
Mr. Stephen Fredette	Co-Founder, Pres & Director	309.11k	N/A	1985
Mr. Aman Narang	Co-Founder, Co-Pres, COO & Director	314.18k	N/A	1983
Ms. Elena Gomez	Chief Financial Officer	498.94k	N/A	1970
Mr. Brian R. Elworthy	Sr. VP, Gen. Counsel & Corp. Sec.	434.48k	N/A	1981
Ms. Jennifer DiRico	Sr. VP & GM of International	445.88k	472.38k	N/A
Mr. Jonathan Grimm	Co-Founder & CTO of Toast.org	N/A	N/A	1986
Mr. James Michael Matlock	Chief Accounting Officer & Principal Accounting Officer	N/A	N/A	N/A
Ms. Deborah J. Chrapaty	Chief Technology Officer	N/A	N/A	1961
Ms. Anisha Vaswani	Chief Information Officer	N/A	N/A	N/A

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Toast, Inc. operates a cloud-based and digital technology platform for the restaurant industry in the United States and Ireland. The company offers Toast Point of Sale (POS), a hardware product; Toast Order & Pay, which allows guests to order and pay from their mobile devices; Toast Flex that is used for on-counter order and pay, as well as used as a server station, guest kiosk, kitchen display system, or order fulfillment station; Toast Go, a handheld POS device that enhances the table turn times through tableside ordering and payment acceptance; and Toast Tap, a card reader. It also provides kitchen display system software that connects the front of the house with the kitchen staff; multi-location management software, which allows customers to manage and standardize their operations and configure menus; xtraCHEF that provides back-office tools; and Toast Flex for Kitchen, a larger format mountable piece of hardware that can be used as a kitchen screen. In addition, the company offers Toast Online Ordering & Toast TakeOut app, a software-based platform that provides restaurants to take off-premises orders directly through their branded website; First-Party Delivery services for restaurants to manage a fleet of drivers, and customize delivery hours, zones, fees, and minimum ticket sizes; Toast Delivery Services, which enables restaurants to utilize a partner network of delivery drivers; and Toast Delivery Partners services. Further, it provides loyalty programs and gift cards; payroll and team management products; business owner policy insurance and restaurant-specific add-ons; payment processing solutions; loans advanced to restaurants; purchase financing; reporting and analytics solutions; Toast Partner Connect that allows customers to discover, select, and connect their restaurant to its partners; and bi-directional APIs. The company was incorporated in 2011 and is headquartered in Boston, Massachusetts.

Corporate governance

Toast, Inc.’s ISS governance QualityScore as of 1 February 2023 is 8. The pillar scores are Audit: 1; Board: 7; Shareholder rights: 10; Compensation: 8.

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 10 indicates higher governance risk.