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Subway

FB Roundup: Mohsin and Zuber Issa, Mackenzie Scott, Gordon Moore

March 28, 2023

In this week’s FB Roundup, the Issa brothers explore an £8 billion takeover of the Subway fast-food chain; MacKenzie Scott launches a $250 million ‘open call’ for non-profits in need of funding; and tributes are paid to Intel co-founder Gordon Moore.

Issa brothers explore £8 billion takeover of Subway fast-food chain
Mohsin and Zuber Issa, the billionaire brothers who own a majority stake in UK supermarket giant Asda, are exploring an £8 billion takeover of the American fast food chain Subway.

FB Roundup: Rafael del Pino Jr., Fred DeLuca, Tom Love

March 8, 2023

In this week’s FB Roundup, the Spanish prime minister speaks out against Rafael del Pino Jr’s headquarters move; Goldman Sachs joins the bid to buy Subway from founders’ heirs; and tributes are paid to US truck stop chain founder Tom Love.

Spanish prime minister speaks out against Rafael del Pino Jr.’s headquarters move
Spanish prime minister Pedro Sánchez has publicly criticised billionaire businessman Rafael del Pino Jr. after revealing plans to move the headquarters of Ferrovial SA to the Netherlands.

FB Roundup: Delphine Arnault, Andrew Forrest, Fred DeLuca and Peter Buck

January 16, 2023

In this week’s FB Roundup, Bernard Arnault appoints his daughter Delphine to run Dior; Andrew Forrest says Australia-to-Singapore solar plan is no longer viable; and the heirs of Subway’s founders are set to reap dividends from $10 billion sale deal.

Bernard Arnault appoints daughter Delphine to run Dior
The world's richest man and chairman of luxury goods giant LVMH, Bernard Arnault, has officially appointed his daughter Delphine as the chief executive officer (CEO) of French luxury fashion house Dior.

Arnault’s eldest child takes the reins in a further management shakeup, having recently assigned his eldest son, Antoine, to run the family-owned holding company Christian Dior SE.

FB Roundup: Subway, CIR Group & Tata Sons

May 4, 2018

Sister of Subway founder retires after 45 years, Monica Mondardini steps away from GEDI, Tata and John Deere lease to subsistence farmers

Sister of Subway founder retires after 45 years

Suzanne Greco, the sister of Subway founder Fred DeLuca, has retired as chief executive after more than 45 years with the business.

Greco started with the company as a “sandwich artist” in 1973, and worked her way up the ranks, becoming chief executive in 2015 when her older brother died of cancer.

FB Roundup: Subway, Madison Square Garden, Ab InBev and Sab Miller

September 18, 2015

Subway founder Fred DeLuca dies at 67; Family brewers eye $275bn mega merger; and Madison Square Garden to split entertainment and media businesses

Subway founder Fred DeLuca dies at 67

Fred DeLuca, the billionaire founder and president of American sandwich franchise Subway, died this week after a two-year battle with leukaemia. He was 67.

The second-generation Italian immigrant started small with his first sandwich shop in Bridgeport, Connecticut in 1965. He called it Pete’s Super Submarines.

From Berenberg Bank to Subway – family business birthdays for 2015

February 20, 2015

Corporate anniversaries are a chance for businesses to get nostalgic and celebrate the fact they’re still standing, so looking ahead to 2015, CampdenFB has pulled together a list of family businesses around the world celebrating round numbers this year.

Corporate anniversaries are a ripe for businesses to get nostalgic and celebrate the fact they’re still standing, so looking to the year ahead, CampdenFB has pulled together a list of family businesses around the world celebrating round numbers in 2015.

Subway founder passes responsibilities on to younger sister

February 10, 2015

Months after Subway founder and president Fred DeLuca returned to work following chemotherapy for leukaemia, the fast-food chain has this week confirmed his sister has taken on increased leadership responsibilities at the fast-food chain.

Suzanne Greco is already senior vice president, a member of the board of directors, and the strategic planning committee, and has been involved with the US food business since it was founded in 1965.