John Chidsey is a person in Burnaze's franchise knowledge graph, mentioned since 2019. 26 stories link here, each summarized from the original publisher.
After a long sale period, the private-equity firm Roark Capital bought Subway in 2024 in a $9.6 billion deal, with some of the purchase price coming in the form of an earn-out provision.
Subway aims to improve value reputation with new menu offerings
Subway names Jonathan Fitzpatrick as its new CEO, effective July 28, with a focus on driving growth and innovation.
Subway ended 2024 with more than 1,000 new openings globally, marking its second consecutive year of positive net growth—even as U.S.
John Chidsey, Subway’s first CEO from outside the founding DeLuca family, will step down at the end of 2024 after a transformative five-year tenure, according to a recent press release.
Subway names Jeff Shepherd as Chief Financial Officer, who will oversee the brand's global finance organization.
Subway, one of the world’s largest restaurant brands, has officially opened its second global dual-headquarters in Shelton, Conn., building on five decades of history in the region.
Roark Capital agreed to acquire Subway for $9.5 billion, adding the brand to its substantial franchise portfolio.
Subway was acquired by Roark Capital in a deal valued at approximately $9.6 billion, marking one of the largest transactions in the restaurant industry.
Subway announced the sale of the brand to Roark Capital, a private equity firm with $37 billion in assets under management.
Subway announced leadership transitions, with President of North America Trevor Haynes leaving the company at the end of the calendar year.
Subway achieves 10 consecutive quarters of positive sales, with record-breaking average unit volume and same-store sales growth.
Subway celebrates 15 new master franchise agreements since 2021, expanding to over 9,000 future restaurants across EMEA, APAC, and LAC.
Dae Gee Korean BBQ has signed a master franchise agreement to bring up to 20 new restaurants to Mexico, led by Restaurant Management Group.
Subway enters master franchise agreement to open 4,000 restaurants in China.
Subway, the fast-casual restaurant chain, is reportedly hiring financial advisors to explore a potential sale, which could value the company between $8 billion and $10 billion.
Subway announces a new master franchise agreement in Peninsular Malaysia, expanding the brand's footprint with 500 new locations over 10 years.
Subway beat 2021 sales projections by nearly $1.4 billion and reached its highest annual AUV since 2014.
Subway and Alhokair announce a new partnership to expand Subway’s footprint in the Kingdom of Saudi Arabia, nearly doubling the number of restaurants over the next six years.
Subway signs a 10-year, 2,000-unit master franchise agreement with Everstone Group to expand its presence in India, Sri Lanka, and Bangladesh.
Subway is rumored to be for sale, with franchisees worried about the future of the company after layoffs, decreasing sales, and leadership changes
PPP loans can help franchisees save their businesses, with around 70 percent of franchisees receiving funding through existing bank relationships.
Subway partners with Postmates to give guests the power to make a difference and help feed healthcare workers fighting on the frontlines of the COVID-19 outbreak.
Subway appoints Mike Kappitt as Chief Operating and Insights Officer, with over 20 years of experience in the restaurant and franchising industries.