| Type | Private |
|---|---|
| Industry | Restaurants |
| Founded | 1964 |
| Founder(s) | Carl Karcher |
| Headquarters | Carpinteria, California, USA |
| Key people | Carl Karcher (deceased) Andrew Puzder |
| Revenue | $5.567 billion USD (2007) |
| Net income | $201.4 million USD (2007) |
| Owner(s) | Apollo Management |
| Employees | 157,300 (2006) |
| Website | ckr.com |
CKE Restaurants, Inc. is the parent company of the Carl's Jr., Hardee's, Green Burrito, and Red Burrito restaurant chains. Its headquarters are in Carpinteria, California. It was incorporated in 1964 by Carl's Jr. founder Carl Karcher as Carl Karcher Enterprises, Inc.
In 2007, it sold La Salsa fresh mex restaurants.[1] From 1996 to 1999, the company also owned the Rally's drive-up hamburger chain [1], and it owned Taco Bueno from 1996 until 2001. The company acquired Hardee's in 1997 from Imasco.
The current CEO is Andrew Puzder, who has served as CKE CEO since September 2000.[2]
On February 26, 2010, THL Partners agreed to acquire CKE Restaurants Inc.[3] Ultimately CKE accepted a $693.9 million takeover offer from Apollo Management, ending the earlier takeover agreement with THL Partners.
|
|||||||||||||||||