Last updated: 15 August 2019 at 1:36am EST

Laurence Mindel Net Worth




The estimated Net Worth of Laurence B Mindel is at least $658 Thousand dollars as of 12 August 2019. Mr. Mindel owns over 2,500 units of Cheesecake Factory stock worth over $453,250 and over the last 12 years he sold CAKE stock worth over $0. In addition, he makes $205,000 as Independent Director at Cheesecake Factory.

Mr. Mindel CAKE stock SEC Form 4 insiders trading

Laurence has made over 4 trades of the Cheesecake Factory stock since 2012, according to the Form 4 filled with the SEC. Most recently he bought 2,500 units of CAKE stock worth $97,600 on 12 August 2019.

The largest trade he's ever made was buying 5,000 units of Cheesecake Factory stock on 4 June 2012 worth over $151,550. On average, Laurence trades about 2,750 units every 656 days since 2012. As of 12 August 2019 he still owns at least 12,500 units of Cheesecake Factory stock.

You can see the complete history of Mr. Mindel stock trades at the bottom of the page.





Laurence Mindel biography

Laurence B. Mindel is Independent Director of Company. He has more than 50 years of experience as a restaurant creator, developer and operator and is currently the Managing Partner of Poggio Trattoria, an award-winning Italian restaurant, and Copita Tequileria Y Comida, a “modern” Mexican restaurant, both located in Sausalito and Convivo, a “nomad Italian” restaurant in Santa Barbara, California. In 1970, he co-founded Spectrum Foods whose restaurant portfolio included, among others, California-based restaurants Ciao, Prego, MacArthur Park, Guaymas and Harry’s Bar. Following the acquisition of Spectrum Foods by Saga Corp. (NYSE) in 1984, Mr. Mindel served as President of Saga’s restaurant group where he directed the operations of more than 200 restaurants with combined revenue of over $375 million. When Saga was acquired in 1986, Mr. Mindel founded Il Fornaio, a restaurant and bakery company which became public in 1997 (Nasdaq) and was subsequently taken private in 2001. His professional honors include Nation’s Restaurant News “Golden Chain” award, International Foodservice Manufacturers Association “Gold Plate” award, Food Arts Magazine “Silver Spoon” award, Leadership Roundtable Conference award for Distinguished & Exemplary Leadership in the Food Service Industry and, in 1998, he was inducted into the California Restaurant Association’s Hall of Fame. In 1985, Mr. Mindel became the first American and the first person of non-Italian descent to be awarded the Caterina de Medici Medal from the Italian government, recognizing excellence in the preservation of Italian heritage outside of Italy.

What is the salary of Laurence Mindel?

As the Independent Director of Cheesecake Factory, the total compensation of Laurence Mindel at Cheesecake Factory is $205,000. There are 13 executives at Cheesecake Factory getting paid more, with David Overton having the highest compensation of $6,715,890.



How old is Laurence Mindel?

Laurence Mindel is 82, he's been the Independent Director of Cheesecake Factory since 2012. There are 1 older and 16 younger executives at Cheesecake Factory. The oldest executive at Cheesecake Factory Inc. is Herbert Simon, 85, who is the Independent Director.

What's Laurence Mindel's mailing address?

Laurence's mailing address filed with the SEC is C/O 26901 MALIBU HILLS ROAD, , CALABASAS HILLS, CA, 91301.

Insiders trading at Cheesecake Factory

Over the last 21 years, insiders at Cheesecake Factory have traded over $26,340,763 worth of Cheesecake Factory stock and bought 234,344 units worth $7,632,576 . The most active insiders traders include Herbert Simon, David Overton, and Gerald W Deitchle. On average, Cheesecake Factory executives and independent directors trade stock every 26 days with the average trade being worth of $552,530. The most recent stock trade was executed by Keith Carango on 14 May 2024, trading 3,785 units of CAKE stock currently worth $151,779.



What does Cheesecake Factory do?

the cheesecake factory incorporated created the upscale casual dining segment in 1978 with the introduction of its namesake concept. as a leader in the upscale casual dining industry we offer many exciting and rewarding career opportunities for staff members to blaze their own trail of success. at the cheesecake factory we offer both restaurant manager and kitchen manager opportunities in our 3 concepts. our management career paths offer 5 levels of management. we hire restaurant and kitchen managers and provide them an opportunity to grow and develop at a self-directed pace to general manager and executive kitchen manager. at our corporate center located in calabasas hills, ca we support our many business units including 3 restaurant concepts and 2 bakery facilities. our corporate headquarters are comprised of several departments - construction, design, executive management, guest services, legal, purchasing, risk services, finance, human resources, marketing, performance development,



What does Cheesecake Factory's logo look like?

Cheesecake Factory Inc. logo

Complete history of Mr. Mindel stock trades at Cheesecake Factory

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
12 Aug 2019 Laurence B Mindel
Director
Buy 2,500 $39.04 $97,600
12 Aug 2019
12,500
16 May 2019 Laurence B Mindel
Director
Buy 2,000 $47.50 $95,000
16 May 2019
10,000
6 May 2019 Laurence B Mindel
Director
Buy 1,500 $49.64 $74,460
6 May 2019
8,000
4 Jun 2012 Laurence B Mindel
Director
Buy 5,000 $30.31 $151,550
4 Jun 2012
5,000


Cheesecake Factory executives and stock owners

Cheesecake Factory executives and other stock owners filed with the SEC include: