Thirty years ago, brothers Chris and Harris Pappas debuted a restaurant where all the greatest hits from a fresh seafood joint, Cajun eatery and prime steakhouse appeared on the same menu. In December 2000, the Pappas brothers acknowledged the purchase of more than a million shares of Luby's Inc., a financially troubled San Antonio-based business with a chain of cafeteria-style restaurants in ten states. During the last twelve months, insiders at the sold shares 2 times. Pappas Christopher's mailing address filed with the SEC is 13111 NW FREEWAY, SUITE 600, HOUSTON, TX, 77040. The founders are Greek-American brothers Pete and Jim Pappas, and the company is currently run by Jim's sons Christopher and Harris Pappas. WebChris Pappas is CEO/Co-Owner at Pappas Restaurants Inc. See Chris Pappas's compensation, career history, education, & memberships. Pappas Chris Pappas If you have any further feedback about this profile, please send an email at support@heylink.me, If you want to create a HeyLink.me profile, If you have some troubles, please send an email at support@heylink.me. Additionally, Mr. Pappas has broad executive management and operational experience from his 36-year tenure as Chief Executive Officer of Pappas Restaurants, Inc. But when the next generation came along, young Chris and Harris were encouraged to avoid the restaurant industry and given warnings about its long hours and unpredictable schedules. Until just a few weeks ago, he continued to come to the Pappas Restaurants office on Yale Street. Walker said the letter indicated that the owners of the restaurant group, brothers Chris and Harris Pappas, were not willing to consent to use of the Pappas Restaurants name. Open Secrets following the money in politics, OpenSecrets Following the money in politics. Unlike these competitors, the Pappas business could take its time in building a high quality restaurant, devoting as much labor to the project as was required. The company is run by brothers Christopher and Harris Pappas, who also serve as the executive team at Luby's, Inc., a cafeteria chain in several states. Pappas Restaurants strives to be a superior restaurant company through constant innovation, attention to detail, and a focus on quality in all that we do. Telephone: (865) 379-5700 Pappas Jim Pappas' sons, Chris, Harris and Gregory J. Pappas, now deceased, later joined the business. Harris The brothers eventually built the venture into a successful restaurant supply business, selling chairs, booths, refrigerators, and other kitchen equipment. WebChris Pappas with an estimated net worth of $2,565,011 in 2018. Check Background Get Contact Info This Is Me - Edit. Christopher James Pappas, and Harris J Pappas. The largest trade he's ever made was buying 190,000 units of Luby`s stock on 17 August 2017 worth over $532,000. With his brother, Harris Pappas, he has founded and operated more than 90 restaurants during his successful career, including Pappadeaux Seafood Kitchen, Pappasitos Cantina, and Pappas Bros. Steakhouse. He brought with him a passion for quality and service that became the benchmark of his success as he opened restaurants throughout Tennessee, Arkansas and Texas. The company took more than a year to build the restaurant, spending $6 million on the wine inventory alone. Therefore, its best to use Encyclopedia.com citations as a starting point before checking the style against your school or publications requirements and the most-recent information available at these sites: http://www.chicagomanualofstyle.org/tools_citationguide.html. Christopher and Harris Pappas also moved Luby's headquarters from San Antonio to Houston, where the Pappas chain of restaurants was based. . Despite having clear sources of income, Chris net worth is still undetermined. Combine that with Pappas Bros. Steakhouses investment in hiring and training top-notch staff, use of the classic dry-aging process, and emphasis on only the best ingredients, and you have all the makings for a remarkable dining experience. Luby's, Inc. operates two core restaurant brands: Luby's Cafeterias and Fuddruckers. Their father, a Greek immigrant who owned restaurants in Texas, Arkansas and Tennessee, had alerted them to a business opportunity in Houston distributing refrigeration equipment. Although growth for the cafeteria chain remained in the distance, the Pappas brothers sought to improve profitability through increasing same store sales, improving brand through advertising, and introducing new entrees. Pappas Maryville, Tennessee 37801-4936 The most recent stock trade was executed by Randolph C Read on 6 July 2021, trading 7,500 units of LUB stock currently worth $13,350. At the same time, the company continued to expand its family empire with the opening of new restaurants in Chicago and Atlanta. Because our values emphasize using fresh ingredients and preparing everything from scratch each day to serve only the finest quality food, weve invested a lot in having the right people on staff. Ruggless, Ron, "Chris Pappas," Nation's Restaurant News, January 1997. Some of our wait staff have even been catering to our Guests since day one. Harris J Pappas owns about 5,448,301 units of Lubys Inc common stock. We can share some details, though . 2019Encyclopedia.com | All rights reserved. Christopher's mailing address filed with the SEC is 13111 NW FREEWAY, SUITE 600, HOUSTON, TX, 77040. The oldest executive at Luby`s, Inc. is JoeMcKinney, 73, who is the Independent Director. 2023 GRV Media Ltd. All Rights Reserved. It's what makes our company unique, attracts new employees and Guests and motivates our regulars to return again and again. Insider trading is most common in May, with the busiest year in 2020. In 1945, H.D. Last updated: 16 June 2019 at 8:05pm EST. Christopher Pappas has served as the president and chief executive officer of Lubys since 2001, according to documents filed with the U.S. Securities and Exchange Commission. The company was founded by Christopher Pappas and John D. Pappas in 1985 and is headquartered in Ridgefield, CT. It had further suffered from high management turnover, declining sales, a controversial president who resigned in September 2000, and a proxy fight with a small group of shareholders who had tried to oust some of company's board members at its January annual meeting. Because each style has its own formatting nuances that evolve over time and not all information is available for every reference entry or article, Encyclopedia.com cannot guarantee each citation it generates. The most active insiders traders include Partners Llc Bylinsky Grego, Christopher James Pappas, and Harris J Pappas. U.S.A. In addition, he makes $9,615 as President, Chief Executive Officer, and Director at Luby`s. 500 International Parkway, Suite 100 Richest People in Utah The company had modest success in opening and operating several casual dining spots, including two Dot Coffee Shops, a Brisket House barbecue, and the Strawberry Patch American bistro. Additionally, Mr. Pappas has broad executive management and operational experience from his 36-year tenure as Chief Executive Officer of Pappas Restaurants, Inc. Christopher Pappas has not been actively trading shares of Chefs' Warehouse during the last ninety days. Learn More on Chefs' Warehouse's active insiders. Web site: http://www.brink, Ruths Chris Steak House In March 2001, with Luby's in dire financial straights, the company named Christopher J. Pappas as company president and CEO and Harris J. Pappas as chief operating officer. The co-founder of Pappas Restaurants, a privately held chain of about 80 eateries, Dimitrios Fetokakis, owner of Niko Niko 's Greek restaurant, considered Pappas a mentor. The Pappas Bros. secret to incredible meat is the dry-aging process, and there are only three written copies of our exact dry-aging process in existence: one with the Pappas brothers themselves and one at each location. The racing driver doesnt just stop at television, as he has his own Youtube channelChris Harris on Carswhich has an impressive 453,000 subscribers! In 1996, the company's gamble on a new conceptan upscale steakhouse with a cigar room, impressive wine cellar, and playful artraised the business to new heights. All the copies are stored in safes to protect the secret. They all tackled Astra car rental at an airport in Cyprus but Chris shocked his driving buddies soon after. Christopher Pappas Net Worth They decided to close 50 of the chain's worst performers and worked to cut debt to $29.8 million. Search or Ask your queries, we will try to resolve it. Fax: (502) 893-6676 Learn More on Chefs' Warehouse's active insiders. We employ several pastry chefs specifically to create decadent desserts. There are 2 older and 13 younger executives at Luby`s. Learn More about Christopher Pappas' net worth. Alexandros Aldous, General Counsel, WebThe Pappas brothers are Houston natives with a passion for exciting, diverse, and delicious food. WebChris Pappas is CEO of Pappas Restaurants, Inc. The warm, inviting atmosphere and family-focused attitude found in every Pappas restaurant started well before the Pappas Brothers opened their first restaurant in 1976. and bought an estimated value of $22.97M worth of shares. The Pappas family also continued to operate the restaurant supply business, becoming its sole client. With a wine list of 1,600 selections, a cigar room, and other amenities, the restaurant proved a success in catering to business executives and others with a taste for fine food. new generation takes the reins at Pappas Restaurants He has been our president since April 11, 2009 and before that was our president from our formation to January 1, 2007. Public Company Luby's is operating these businesses pending their sale under its previously announced plan of liquidation and dissolution referenced above. Tampa, Florida 33607 Katherine Oliver who bought 982 units worth $29.99K . View Address +Edit. The family-owned Pappas Restaurants, Inc., chain operates in more than 60 locations in Houston, Dallas, Austin, San Antonio, Beaumont, Atlanta, Chicago, Denver, and Phoenix. The company's taqueria concept called Pappatacos also proved a failure. And our sommeliers are among the best in the business, advancing through the highest levels of certification. "Head of Luby's Hints at Menu Changes to Boost Cafeteria Chain," Knight Ridder/Tribune Business News, March 29, 2001. The current estimated net worth of Oceaneering International Inc's Director, Harris J Pappas, is estimated to be about $15.8M . The Spirit of the Pappas restaurants is embodied in our Mission Statement. The Food Product Distribution segment operates primarily in the United States. stock awards of $1,274,910 , Youll get to know our staff, and theyll get to know you a personal touch that sets dining with us apart. One of the things that make Pappas Restaurants different from other restaurant companies is that Pappas not only run our restaurants to feed our loyal Guests day in and day out, we also own and drive the trucks that deliver the freshest meats and seafood to our restaurants every day. The comedians yearly income from his career as a stand-up comedian is estimated to be $400,000. passed down to his sons and grandsons. Episode: Bolton & Ferrari SF90 (No. To request permission for commercial use, please contactus. Mr. Harris J. PappasChristopher J. PappasPappas Restaurants/Founders. The company ran into more legal trouble in 1997 after a three-year federal investigation found the 54-unit restaurant chain to be in violation of federal immigration laws. He currently resides in Oklahoma, United States. In short, the Pappas Brothers are just your everyday exceptional entrepreneurs of Greek descent who have made quite a name for themselves in the restaurant business or, as Harris likes to say, the "people business.". Employees: 9,100 Christopher Pappas Net Worth
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chris and harris pappas net worth