Who owns p.f. changs

TriArtisan, based in New York, invests in consumer retail, professional services and other types of businesses. It was part of a group that acquired the TGI Friday's restaurant chain in Centerbridge had purchased P. Centerbridge still owns Pei Wei. According to the Bloomberg report, P. All rights reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of American City Business Journals.

Menu Bizwomen. Latest News. Steve Anderson Photography P. Even in , with the opening of the P. Chang's China Bistro in Newport Beach, he had begun thinking about new possibilities. At the time he owned 13 restaurants, located as far apart as Texas and Hawaii, with an array of ethnic cuisines. His solution to the problem of the company expansion was to hire a team of professional managers.

Although he would retain a minority 12 percent ownership of the company, he decided he would step down and let P. Chang's China Bistro become a separate entity outside of his control.

His future role would be that of consultant and advisor. Early in , the company was incorporated as P. Fleming found the man to head the new executive team, Richard L. Federico, who, in a partnership arrangement with Fleming, took on the presidency of P. He joined the company after leaving his posts as president of Brinker International's Macaroni Grill unit chain and president of BI's Italian concepts. Like Fleming, he came to the Chinese restaurant market with no experience in oriental foods.

In fact, unlike Fleming, he had never really acquired a taste for it. He did bring managerial experience, however. He was a cofounder of the Grady's Goodtimes concept, which originated in Knoxville, Tennessee, and was bought by Brinker International in Vivian, who signed on in April of , also came to the company from Brinker International, where he had been vice-president of investor relations.

With venture capital provided by out-of-state backers, the company began accelerating its growth near the end of , when it opened restaurants in Las Vegas, Houston, and Denver. The managers were testing new markets, moving into new locales after careful demographic analyses of their prospective customer pools.

They wanted to avoid the fate of the China Coast, a chain of Darden Restaurants which tried to expand too rapidly and failed.

In fact, P. The company made its IPO in December of Moreover, to the surprise of many analysts, the company's stock fared extremely well. Who named Prince Edward Island? What language is spoken in Prince Edward Island? What is the smallest province in Canada? Is Prince Edward Island a good place to live? Which province in Canada is the cheapest to live in? Is it expensive to live in Prince Edward Island? Does Prince Edward Island get snow? What is the best month to visit PEI? Is Prince Edward Island a good place to retire?

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