November 19, 2021
Dr. Peter Buck, the co-founder of Subway, died Nov. 18. Buck was 90, according to a statement from Subway.
While working as a nuclear physicist in 1965, Buck loaned his late business partner Fred Deluca $1,000 to open a sub shop. By 1973, the Buck and Deluca had 16 locations throughout Connecticut. In 1974, franchising began.
Subway has since grown to nearly 40,000 worldwide locations.
"We are deeply saddened by the passing of one of Subway's founders, Dr. Peter Buck," Subway CEO John Chidsey said in a statement. "He was a shining example of a dedicated, hands-on leader, and an integral member of the Subway family. Dr. Buck's devotion to Subway, and his vision for the brand, helped grow it from a singular sandwich shop in Bridgeport, Connecticut, to the world's largest restaurant brand. We are forever grateful for his countless contributions and I speak on behalf of all of us at Subway when I say that we will honor his legacy as we continue to build this incredible brand."