Terry Donovan

Manager at AETHOS

Terry Donovan

Terry Donovan has worked in many facets of the hospitality business. He is tremendously knowledgeable about Food & Beverage operations in both the front and back of house. Most recently, he was a member of the opening team of a new restaurant in New York, Manhattan. Terry received his MBA from Mercy College in Manhattan. At Syracuse University he achieved a double major in History and Political Science. He currently resides in Brooklyn, NY and still loves history.

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Insights by Terry Donovan (6)

Governance in a Changing World

The restaurant industry has been hit especially hard by COVID. Layoffs, closures, a shift to delivery and outdoor dining, as well as mergers and acquisitions have dominated the news this past year. Many executives and even board directors have taken pay cuts during this health crisis.

Restaurant CEO Pay and Performance

2020 has been an incredibly tumultuous year within the restaurant industry. Due to the pandemic, the industry has seen closures, bankruptcies, acquisitions, and a complete shift in the way guests interact with restaurants.

Corporate Governance Study: Lodging Boards 2020

The hotel/travel industry has been particularly hard hit by COVID. Many of the industry's venerable brands have had to do the unthinkable, furlough or layoff significant percentages of their workforce.

Hotel CEO Pay For Performance Study 2020

What a difference 6 months makes. 2020 began with hotel companies coming off one of the strongest years in history and feeling optimistic the good times would continue. Since then, the industry has had widespread closures, massive layoffs, and CEO's taking significant pay cuts while grappling with a global pandemic.

Pay-for-Performance Model measures components of CEO compensation

AETHOS Consulting Group has conducted a recent analysis, testing whether deficient performance would precipitate a CEO's ouster. Keith Kefgen, Managing Director and CEO of AETHOS and Terry Donovan, Manager, took a look into the three components of CEO compensation: salary, incentives, and pay-for-performance.
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