Chick-fil-A founder’s grandson is named CEO
ATLANTA — A grandson of Chick-fil-A’s founder has been named the next chief executive officer of the booming fast-food chain giant, taking on a title currently held by his dad.
Andrew Cathy, 43, is slated to become CEO on Nov. 1. His father, Dan Cathy, 68, a son of founder Truett Cathy, will retain the title of chairman, the family-owned, Atlanta-based company announced Thursday.
Dan Cathy has been CEO since 2013. Truett Cathy died in 2014.
“I have every confidence Andrew is ready,” Dan Cathy said in an announcement posted online. Andrew Cathy is currently the chain’s executive vice president of operations, a position he’s held since 2019.
A number of members of the Cathy family have been involved in the business over the years.
The chicken sandwich chain has been among the fastest growing in fast food and now ranks among the three largest businesses in the industry, as measured by revenue. It has enjoyed some of the highest per-restaurant sales in its segment.
Chick-fil-A’s profits rose last year during the pandemic, even as most of the chain’s dining rooms remained closed, according to disclosures the private company is required to make to prospective franchisees.
Chick-fil-A said its annual chainwide revenue was just over $1 billion when Dan Cathy became president in 2001. It said revenue hit $14.1 billion last year with 2,627 restaurants, the vast majority of them operated by franchisees.
Andrew Cathy previously operated a Chick-fil-A in St. Petersburg, Fla. He later held roles related to franchisee selection and was the company’s chief people officer.
Chick-fil-A has often generated particularly polarizing images. It enjoys huge loyalty among fans of its fried chicken sandwiches, waffle fries and impeccably friendly staff. But for years some diners have avoided the chain after Dan Cathy repeatedly weighed in publicly against same-sex marriage. The company and its leaders also faced criticism about corporate and franchisee donations to groups some viewed as anti-gay.
Yet business continued to soar for the company. Even before the pandemic its drive-thru lines were packed, pushing the company to innovate on how to get drivers through more easily.
Nonetheless, third-party studies have found the chain’s drivethru times have remained the slowest among major fast-food brands, even as customers give the chain and its drive-thrus high marks.