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The first of the now-cross-country restaurant chain appeared in Scottsdale, Arizona in 1993. The name P.F. Chang's is derived from Paul Fleming's initials (“PF"). He also conceptualized Pei Wei Asian Diner, a casual, quick-service offshoot of P.F. Chang's. P.F. Chang's was sold in 2012 for $1.1 billion. [12]
P. F. Chang's China Bistro is an American-based, casual dining restaurant chain founded in 1993 by Paul Fleming and Philip Chiang that serves Asian fusion cuisine. Centerbridge Partners owned and operated Chang's until acquired by the private equity firm TriArtisan Capital Advisors on March 2, 2019. [ 6 ]
In 2020, Damola became P. F. Chang’s first Black CEO at the age of 31. [20] [21] [22] During his tenure, the company launched P. F. Chang’s To Go, a concept that led to the growth of the brand’s delivery business. He also navigated the company through Covid-19 pandemic challenges, returned it to profitability with a 31.7% increase in ...
Damola Adamolekun, P.F. Chang’s CEO and Paulson & Co. Partner joins the Yahoo Finance Live panel to discuss P.F. Chang’s To Go concept and the impact of COVID on the restaurant industry.
Centerbridge Partners bought PF Chang's back in 2012 in a $1.10-billion deal including Pei Wei Asian Diner. However, those two brands are now separate from each other.
Forbes released its 37th World's Billionaires list and according to its rankings, for 2022 there are 2,668 billionaires in the world worth $12.7 trillion. These numbers are down approximately $400 ...
John Antioco is an American businessman, an 8-time CEO for iconic American brands including Circle K, Taco Bell, Blockbuster Video, TGI Fridays and PF Chang’s. He is now chairman of the board of directors at BRIX Holdings LLC and the Managing Partner of JAMCO Interests LLC.
However, like most Asian-style dishes, sodium counts for most of the menu are sky-high, so even the best picks on P.F. Chang's menu will likely exceed your daily sodium limit. For example, an ...