Type Private Founded January 1, 1966 Revenue 1.28 billion USD (2012) Founder Carl Karcher | Industry Restaurants CEO Andrew Puzder (Sep 2000–) Number of employees 20,200 Parent organization CKE Restaurants | |
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Key people Carl Karcher (deceased)
Andrew Puzder (CEO) Operating income Net income $-6.261 million (FY 2012) Headquarters Carpinteria, California, United States Subsidiaries Carl's Jr., Hardee's, Hardees Food Systems Inc | ||
Cke restaurants ceo trump would make a better president than obama
CKE Restaurants Holdings, Inc., is the parent company of the Carl's Jr., Hardee's, Green Burrito, and Red Burrito quick-service restaurant ("QSR") brands. The company's headquarters are located in Carpinteria, California. On March 4, 2016, CKE Restaurants Holdings, Inc. announced that they would be consolidating their corporate offices in St. Louis, Missouri and Carpinteria, California and moving them to the Nashville, Tennessee area at the Franklin Park office complex. CKE’s Anaheim, Calif.-based office will remain open.
Contents
- Cke restaurants ceo trump would make a better president than obama
- Cke restaurants holdings inc
- 1960s
- 1990s
- 2000s
- Fundraising
- International
- References
As of March 2016, CKE has a total of 3,664 franchised or company-operated restaurants in 44 states and 38 foreign countries and U.S. territories. It is a privately-held company.
Cke restaurants holdings inc
1960s
The company was incorporated in 1966 by Carl's Jr. founder Carl Karcher.
1990s
In 1996, CKE acquired Rally's and Taco Bueno. Rally's was later sold to Checkers in 1999. Checkers and Rally's now follow a similar concept as CKE has for its Carl's Jr. and Hardee's chains. Taco Bueno was sold in 2001 when private investment group Jacobson Partners purchased the chain for $72.5 million US dollars to help aid CKE Restaurants in a debt battle.
In 1997, CKE acquired Hardee's from Canadian-based company Imasco Limited.
2000s
In September 2000, Andrew Puzder was named CEO and he continues to serve in this role today.
In March 2002, CKE purchased Santa Barbara Restaurant Group, Inc. (SBRG), acquiring with it direct ownership of the Green Burrito brand.
On February 26, 2010, THL Partners agreed to acquire CKE Restaurants Inc. However, CKE Restaurants was, instead, acquired by Columbia Lake Acquisition Holdings, Inc., an affiliate of Apollo Management VII, L.P. in July 2010, after CKE accepted a $693.9 million takeover offer from Apollo Global Management, ending the earlier takeover agreement with THL Partners.
On November 20, 2013, Roark Capital Group agreed to acquire CKE from Apollo for $1.65-$1.75 billion.
Fundraising
CKE conducts an annual Stars for Heroes in-store fundraising campaign at both Hardee’s and Carl’s Jr. restaurants to benefit U.S. military veterans and their families. Since the program’s launch in 2011, Stars for Heroes has raised nearly $5 million to date.
International
As of March 2016, there are a total of 377 Carl’s Jr. and 327 Hardee’s restaurants in 38 foreign countries.