🧵 1. Peggy Cherng, Panda Express CEO, is using her STEM background for success in fast food, with 2,400 stores and a $5 billion revenue each year. #business
🧵 1. Peggy Cherng, Panda Express CEO, is using her STEM background for success in fast food, with 2,400 stores and a $5 billion revenue each year. #business
🧵 3. With 43% of the Asian takeout market, Panda Express dominates over competitors like P.F Chang's and Sarku Japan. Cherng's systematic thinking is the secret sauce.
hmm okay
🧵 4. In a male-dominated industry, Cherng's success has made her one of 12 self-made women on The Forbes 400 list, worth an estimated $3.1 billion.
whoa 😳
🧵 Read more at: https://www.forbes.com/sites/chasewithorn/2023/10/04/how-panda-express-ceo-peggy-cherng-used-her-phd-to-get-rich-in-fast-food/
thanks for sharing
🧵 2. Cherng's technical skills and methodical mindset have given her an advantage, customizing software and standardizing operations for efficient growth.
That’s good
🧵 5. Peggy Cherng and her husband are committed to sharing their wealth, although they still hold 100% ownership of Rosemead-based Panda Express.
that’s great
Interesting