RedCarpetLife
#0 World Rank
Andrew Cherng

Andrew Cherng

0% | $ 0M
A. Cherng
Rank
#0
Net Worth
$00.0B
Gender
Male
Age
77Y
Country
United States
Born On
April, 1948
Deceased
No
Relationship Status
Married
Children
3
Education

University Of Missouri - Master Of Science

Designation Info :

Self-Made
Yes
Type
Self-Made (Restaurants)
Organization Name
Panda Restaurant Group
Title
Co-Founder & Co-CEO
Source

Panda Express

Industry
Food & Beverage, Restaurants

About A. Cherng


A ndrew Cherng, along with his wife Peggy Cherng, is the co-founder and co-CEO of Panda Restaurant Group, the parent company of the ubiquitous American-Chinese fast-food chain, Panda Express. Born in Yangzhou, China, and raised in Taiwan and Japan, Andrew immigrated to the United States to study mathematics. In 1973, he and his father, a master chef, opened their first full-service restaurant, Panda Inn, in Pasadena, California.

The major breakthrough came in 1983 when, at the suggestion of a local developer, Andrew and Peggy opened the first fast-food version of their restaurant, Panda Express, in a shopping mall. The concept took off, and they expanded rapidly across the country and later, internationally. The couple built their privately held empire with a focus on consistent quality, operational efficiency, and a strong corporate culture based on employee development. Today, Panda Express is the largest Asian-segment restaurant chain in the United States, and the Cherngs are among the wealthiest self-made couples in the country.

Quick Reads


  • Co-founder and co-CEO of Panda Express, the largest Chinese fast-food chain in the U.S.
  • Founded the company with his wife, Peggy Cherng.
  • Opened the first Panda Inn restaurant with his father in 1973.
  • Launched the first fast-food Panda Express in 1983.
  • Panda Restaurant Group is a privately held family business with thousands of locations.

More Profiles


Advertisement

You May Like