The Entrepreneurs Weekly
No Result
View All Result
Saturday, July 19, 2025
  • Login
  • Home
  • BUSINESS
  • POLITICS
  • ENTREPRENEURSHIP
  • ENTERTAINMENT
Subscribe
The Entrepreneurs Weekly
  • Home
  • BUSINESS
  • POLITICS
  • ENTREPRENEURSHIP
  • ENTERTAINMENT
No Result
View All Result
The Entrepreneurs Weekly
No Result
View All Result
Home Business

Jersey Mike’s Appoints New CEO After $8 Billion Acquisition | Entrepreneur

by Brand Post
April 25, 2025
in Business
0
Jersey Mike’s Appoints New CEO After  Billion Acquisition | Entrepreneur
152
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter


Sandwich giant Jersey Mike’s announced Thursday that Charlie Morrison, a franchise veteran known for scaling restaurant brands, will become its CEO effective April 28. He succeeds founder Peter Cancro, who built Jersey Mike’s from a single sub shop at the Jersey Shore into a 2,800-unit powerhouse. Cancro will remain chairman of the board and a minority shareholder. The move marks a pivotal moment for Jersey Mike’s as it prepares to accelerate growth in both domestic and international markets.

Related: Considering franchise ownership? Get started now to find your personalized list of franchises that match your lifestyle, interests and budget.

“In Charlie, we have found the ideal next CEO for Jersey Mike’s, and I look forward to him propelling our business even further,” Cancro said in a statement. “Importantly, he also shares our values and commitment to giving to the communities we serve.”

Morrison brings more than 30 years of experience in the restaurant franchise industry, most notably as CEO of Wingstop from 2012 to 2022. Under his leadership, Wingstop expanded to more than 2,300 locations across more than 10 countries, and its average unit volume doubled. He also led the company’s successful IPO in 2015. Morrison most recently served as CEO of Texas-based Salad and Go.

Related: How a Police Officer Started a Pet Care Business Making $3 Million a Year

His arrival comes at a high-growth moment for Jersey Mike’s. The company ranked #2 on Entrepreneur‘s 2025 Franchise 500, holding steady from 2024. Last November, private equity firm Blackstone acquired the brand for $8 billion with an aim to support global expansion and digital infrastructure. Jersey Mike’s also announced its first international expansion in 2024, planning more than 300 restaurants in Canada.

Morrison will take the reins at a time of strong momentum, with plans to build on Jersey Mike’s rapid expansion and tech-driven initiatives. He emphasized his excitement about collaborating with franchise owners and continuing to drive innovation while staying true to the brand’s values of quality, service and community.

Related: What I Learned About Leadership as an NCAA Division 1 Soccer Referee

“I could not be more excited to get to work with this incredible team and the owners who bring it to life every day,” Morrison said. “Together, we’ll focus on continuing to accelerate growth across new and existing markets and identifying opportunities to invest in additional technological advancements and innovation.”

With Cancro staying on as chairman and Morrison stepping into day-to-day leadership, Jersey Mike’s appears poised to grow its footprint and influence even further — without losing sight of the values that have defined the brand for nearly 50 years.

Related: 23 Questions to Ask a Franchisor When You Meet Face to Face



Source link

Tags: acquisitionAppointsBillionCEOentrepreneurfranchiseJerseyMikesNews

Related Posts

Why Top Brands Use Push Notifications to Boost Engagement | Entrepreneur
Business

Why Top Brands Use Push Notifications to Boost Engagement | Entrepreneur

July 19, 2025
5 AI Tools Doing Overtime So You Can Run a Profitable Solo Business (Without Losing Your Mind) | Entrepreneur
Business

5 AI Tools Doing Overtime So You Can Run a Profitable Solo Business (Without Losing Your Mind) | Entrepreneur

July 19, 2025
Meet the Person Who Invented Plastic that Dissolves in Water | Entrepreneur
Business

Meet the Person Who Invented Plastic that Dissolves in Water | Entrepreneur

July 18, 2025
  • Trending
  • Comments
  • Latest
Meet Amir Kenzo: A Well Known Musical Artist From Iran.

Meet Amir Kenzo: A Well Known Musical Artist From Iran.

August 21, 2022
Behind the Glamour: Bella Davis Opens Up About Overcoming Adversity in Modeling

Behind the Glamour: Bella Davis Opens Up About Overcoming Adversity in Modeling

April 20, 2024
Dr. Donya Ball: Pioneering Leadership Solutions for Tomorrow’s Challenges

Dr. Donya Ball: Pioneering Leadership Solutions for Tomorrow’s Challenges

May 10, 2024
Nasiyr Bey’s Journey from Brooklyn to Charlotte: The Entrepreneurial Path to Owning a Successful Cigar Lounge

Nasiyr Bey’s Journey from Brooklyn to Charlotte: The Entrepreneurial Path to Owning a Successful Cigar Lounge

August 8, 2024
Augmented.City Startup Developers Appeal To US Politicians With An Open Letter

Augmented.City Startup Developers Appeal To US Politicians With An Open Letter

0
U.S. High Court Snubs Challenge To State And Local Tax Deduction Cap

U.S. High Court Snubs Challenge To State And Local Tax Deduction Cap

0
GOP Lawmaker Blames Biden For Russia-Ukraine War: Putin ‘Could never have Invaded’

GOP Lawmaker Blames Biden For Russia-Ukraine War: Putin ‘Could never have Invaded’

0
Brad Winget’s Tips and Tricks on Having a Career in Real Estate

Brad Winget’s Tips and Tricks on Having a Career in Real Estate

0
Why Top Brands Use Push Notifications to Boost Engagement | Entrepreneur

Why Top Brands Use Push Notifications to Boost Engagement | Entrepreneur

July 19, 2025
5 AI Tools Doing Overtime So You Can Run a Profitable Solo Business (Without Losing Your Mind) | Entrepreneur

5 AI Tools Doing Overtime So You Can Run a Profitable Solo Business (Without Losing Your Mind) | Entrepreneur

July 19, 2025
Meet the Person Who Invented Plastic that Dissolves in Water | Entrepreneur

Meet the Person Who Invented Plastic that Dissolves in Water | Entrepreneur

July 18, 2025
President Donald Trump Signs GENIUS Act: ‘Crypto Capital’ | Entrepreneur

President Donald Trump Signs GENIUS Act: ‘Crypto Capital’ | Entrepreneur

July 18, 2025

The EW prides itself on assembling a proficient and dedicated team comprising seasoned journalists and editors. This collective commitment drives us to provide our esteemed readership with nothing short of the most comprehensive, accurate, and captivating news coverage available.

Transcending the bounds of Chicago to encompass a broader scope, we ensure that our audience remains well-informed and engaged with the latest developments, both locally and beyond.

NEWS

  • Business
  • Politics
  • Entrepreneurship
  • Entertainment
Instagram Facebook

© 2024 Entrepreneurs Weekly.  All Rights Reserved.

  • About Us
  • Advertise
  • Contact Us
No Result
View All Result
  • ENTREPRENEURSHIP
  • ENTERTAINMENT
  • POLITICS
  • BUSINESS
  • CONTACT US
  • ADVERTISEMENT

Copyright © 2024 - The Entrepreneurs Weekly

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In