Summary List PlacementKent Taylor, the creator and CEO of Texas Roadhouse, known for his deep look after employees and entrepreneurial spirit, passed away Thursday at age 65, the business stated.
Taylor founded the Lone Star State-themed steakhouse– well-known for its faithful fans, totally free peanuts, and unlimited rolls and butter– in1993 In the years given that, he “devoted himself to constructing it into a famous experience for ‘Roadies’ and dining establishment guests alike,” the restaurant’s lead director Greg Moore stated in the declaration.
” He lacked a doubt, a people-first leader,” Moore said, keeping in mind that Taylor forfeited his settlement package in the middle of the COVID-19 pandemic in support of his employees. “His entrepreneurial spirit will reside on in the company he constructed, the jobs he supported and the lives he touched.”.
The business did not define a cause of death..
Taylor was the visionary behind the business’s partner model and its mission of “Famous Food and Legendary Service,” Jefferies expert Andy Barish said in a note. The dining establishment chain, which now has more than 600 locations across the country, went public in2004 Ever since, its “unending concentrate on providing a quality experience with great worth has made it one of the most constant casual dining business overall,” Barish stated..
Texas Roadhouse measured up to the buzz of being America’s preferred steakhouse chain, according to one Expert reporter who dubbed the dining establishment the “clear winner” in a competitors with Wilderness Steakhouse. According to Pitchbook, the restaurant was also called Worker’s Option Finest Places to Work by Glassdoor.
Throughout his profession, Taylor received lots of awards, consisting of ending up being a member of the Kentucky Business Hall of Fame and being called the 2014 Operator of the Year by Nation’s Dining establishment News, Pitchbook said..
He earned his Bachelor of Science from the University of North Carolina, which he went to on a track scholarship. Before establishing his restaurant, he operated at KFC, Bennigan’s, and Hooters of America, according to Pitchbook..
Taylor’s successor as CEO will be President Jerry Morgan, the business said, including that Morgan will be key in assisting business progress “after such an awful loss.” Morgan has actually operated at Texas Roadhouse for 23 years..
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In a tweet, Louisville Mayor Greg Fischer stated Taylor was a “maverick entrepreneur who embodied the worths of never quiting and putting others first.”.
” Louisville lost a much liked and unique person with Kent Taylor’s passing today,” Fischer stated. “Kent’s kind and generous spirit was his constant driving force whether it was quietly assisting a friend or constructing among America’s great business.”.
Louisville lost a much liked and unique person with Kent Taylor’s passing today. Kent’s kind and generous spirit was his consistent driving force whether it was quietly helping a good friend or constructing one of America’s fantastic business in @texasroadhouse. 1/2– Mayor Greg Fischer (@louisvillemayor) March 19,2021
Kentucky Sen. Mitch McConnell stated Taylor didn’t fit the “mold of a big-time CEO.” He constructed his business taking vibrant risks and utilizing creativity and grit, McConnell said. However many of all, he appreciated his team..
” When the pandemic threw everything into uncertainty last year, there was no question what Kent would do,” McConnell said. “Like always, he put his people. He dug deep into his own pockets and covered health care and rewards for thousands all while keeping his stores open to make sure employees got paychecks when they required them most. These were acts of extraordinary leadership that were all very normal for Kent.” Sign up with the discussion about this story” NOW ENJOY: Why pureblooded horse semen is the world’s most expensive liquid