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Subway's cofounder pursued franchisees' wives, appeared in a shirtless calendar, and had a secret adopted child

1 day ago   |   By Business Insider

Summary List Placement Subway cofounder and long-time CEO Fred DeLuca became famous for his rags-to-riches story of building the brand into the largest restaurant chain in the world by location.
But, behind the scenes, insiders say DeLuca's behavior could spark concerns.
In 2000, for example, a shirtless calendar of Subway executives was distributed among insiders at the company. DeLuca was the January model, posing in a darkened office. He is shirtless, holding a glass of what appears to be champagne in one hand and a blue notebook labeled "executive order" in the other.
Other months of...
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Subway cofounder Fred DeLuca ruled the company like a demigod and pursued wives of franchisees. How one man sent the world's biggest fast-food chain into a tailspin

Subway cofounder Fred DeLuca ruled the company like a demigod and pursued wives of franchisees. How one man sent the world's biggest fast-food chain into a tailspin

2 days ago   |   By Business Insider

Summary List Placement Fred DeLuca was angry at the people he made rich. It was the early 2000s, at a Subway convention at the glamorous oceanside Eden Roc Hotel in Miami Beach. Development agents - master franchisees deeply involved with the sandwich chain's expansion - arrived in Bentleys and Benzes. Eager to show off the riches Subway provided, they wheeled their cars in front of the hotel and pulled out wads of cash to tip valets $50.
DeLuca, the chief executive and cofounder of Subway, pulled up in an old Lincoln. He fumed as he watched the development agents. They should know not to...
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