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Dan Cathy takes the reins at Chick-fil-A

November 8, 2013

Truett Cathy, founder of Chick-fil-A, has stepped down as CEO and chairman. He will be replaced by his son, Dan Cathy, who previously served as COO.

According to the Atlanta Journal-Constitution, Truett Cathy, 92, will remain with the company as chairman emeritus. He will also spend more time focusing on a new restaurant concept called Truett's Luau.

Dan Cathy's new role was announced internally this week. No formal announcement is planned.

In a statement obtained by the AJC, Truett Cathy said: "Dan is ready to take Chick-fil-A into its next chapter of growth and stewardship. He has been a highly effective leader in the business and shares my commitment of being a faithful steward to all that has been entrusted to us.

"I am deeply grateful for so many things in my life — for the opportunity to grow one modest restaurant into a chain that provides for the operators and team members who run them, for the communities they serve and for the bounty that has allowed us to give back through foster homes, scholarships and camps for children."

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