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Toast, Inc. (TOST)

NYSE - NYSE Delayed Price. Currency in USD
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21.09+0.21 (+1.01%)
At close: 04:00PM EST
21.10 +0.01 (+0.05%)
After hours: 07:45PM EST

Toast, Inc.

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

Sector(s)Technology
IndustrySoftware - Infrastructure
Full-time employees

Key executives

NameTitlePayExercisedYear born
Mr. Aman NarangCo-Founder, CEO & Director30kN/A1984
Mr. Stephen FredetteCo-Founder, President & Director30kN/A1985
Mr. Jonathan GrimmCo-Founder & CTO of Toast.org30kN/A1986
Ms. Elena GomezChief Financial Officer754.06kN/A1970
Mr. Brian R. ElworthySenior VP, General Counsel & Corporate Secretary529.24k350.1k1981
Mr. James Michael MatlockChief Accounting Officer & Principal Accounting OfficerN/AN/AN/A
Ms. Deborah J. ChrapatyChief Technology OfficerN/AN/A1961
Alice Kousoum LopattoVice President of Investor RelationsN/AN/AN/A
Karen DeVincent-ReinboldSenior PR & Communications ManagerN/AN/AN/A
Mr. Kevin HamiltonChief Marketing OfficerN/AN/AN/A
Amounts are as of 31 December 2022, 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 digital technology platform for the restaurant industry in the United States and Ireland. The company offers Toast POS, a software module that integrates payment processing with point of sale functionality; Toast Invoicing that allows restaurants to send invoices and collect payment; Toast Mobile Order & Pay, which allows guests to scan a QR code to browse the menu, order, and pay from mobile; Kitchen Display System software that connects the house with the kitchen staff; and Multi-Location Management, a tool to manage operations and configure menus across multiple locations and channels. It also provides Toast Flex, an hardware for on-counter order and pay; Toast Go, an integrated handheld POS device; Toast Tap, a card reader for accepting EMV-contactless payments; Toast Online Ordering & Toast TakeOut, an online ordering and consumer Toast TakeOut application; First-Party Delivery, a toast delivery service; POS integration for restaurants using third-party delivery services to order intake and eliminate the need for extra third-party tablets; and loyalty, email marketing, and Toast Gift Cards services. In addition, the company offers Payroll & Team Management solution for employee performance and satisfaction; Employee management tools, such as Sling for Toast that provide streamlined scheduling and team communication; Toast Pay Card & PayOut, which offers eligible workers instant access to a portion of their tips and wages; and Tips Manager solution that automates the tip-pooling process. Further, it provides xtraCHEF a suite of back-office tools, such as accounts payable automation, inventory management, ingredient price tracker, and recipe costing for restaurants; Payment Processing, capital funding, and purchase financing solutions; insights and reporting on real-time sales, menu, and labor data; Toast Partner Connect, a portal that allows customers to discover, select, and connect their restaurant to partners; and a suite of bi-directional application programming interfaces. The company was formerly known as Opti Systems, Inc. and changed its name to Toast, Inc. in 2012. Toast, Inc. was incorporated in 2011 and is headquartered in Boston, Massachusetts.

Corporate governance

Toast, Inc.’s ISS governance QualityScore as of 1 February 2024 is 8. The pillar scores are Audit: 4; Board: 4; Shareholder rights: 10; Compensation: 7.

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.