Steak n Shake, the iconic, 76-year-old American brand, is much older than its chairman and chief executive, Sardar Biglari. Founded in 1934, Steak n Shake boasts nearly 500 locations, systemwide sales of $724 million and more than 20,000 employees. It is controlled by one man, a 33-year-old investor. By most accounts, Biglari’s leadership of the chain since 2008 has created a significant company turnaround. Steak n Shake posted one of the strongest fiscal years in foodservice last ...
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