Business » Corporate

Chick-Fil-A Founder Retiring as CEO, Chairman

Friday Nov 8, 2013
  • PRINT
  • COMMENTS (0)
  • LARGE
  • MEDIUM
  • SMALL
Chick-fil-a founder Truett Cathy, left, and his son, Dan Cathy, pose for a photo with the Chick-fil-A cows during a celebration of passing the $3 billon dollar mark in system-wide sales for the first time at the Chick-fil-a headquarters in Atlanta.
Chick-fil-a founder Truett Cathy, left, and his son, Dan Cathy, pose for a photo with the Chick-fil-A cows during a celebration of passing the $3 billon dollar mark in system-wide sales for the first time at the Chick-fil-a headquarters in Atlanta.  (Source:AP Photo)

Chick-fil-A founder Truett Cathy is retiring as chairman and CEO. His son, Dan Cathy, will take on both roles.

Truett Cathy, 92, will assume the title of founder and chairman emeritus of the restaurant chain. The company said in a statement that he will continue to concentrate on his entrepreneurial work. This includes his new restaurant concept, Truett’s Luau, opening in Fayetteville, Ga. in December.

Truett Cathy founded Chick-fil-A in 1967.

Dan Cathy currently serves as president and chief operating officer of Chick-fil-A Inc. He will retain the title of president when he becomes chairman and CEO.

Privately held Chick-fil-A is based in Atlanta. It has more than 1,765 restaurants in 39 states and Washington D.C. The company’s 2012 sales were $4.6 billion.

Copyright Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Comments

Add New Comment

Comments on Facebook