INDIANAPOLIS The Steak n Shake Co. said late Thursday that company chairman and well-known activist investor Sardar Biglari was named chief executive of the beleaguered operator-franchisor earlier this week after the resignation of interim CEO Wayne Kelley. Steak n Shake, which operates or franchises about 490 namesake restaurants, said a search was under way for a chain president, or an executive “focused on restaurant operations.” The former interim president at Steak n Shake, ...
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to the NRN Digital and Print access package, for only a small additional amount, you can get NRN All Access, which includes premium reports such as the annual NRN Top 200 data. Either way, we ask that you register now. We promise it will only take a few minutes!