Pizza Hut becomes first pizza company to offer meat substitutes to its menu
Pizza Hut Interim President Kevin Hochman on partnering with Beyond Meat to offer a plant-based topping, the impact of the coronavirus pandemic on business and its new gravity blanket.
Frank Carney, the co-founder of Pizza Hut and a lifelong entrepreneur, died on Wednesday morning at the age of 82, his wife Janie has confirmed.
Continue Reading Below
Carney, who suffered from Alzheimer’s disease, reportedly passed while battling pneumonia, the Wichita Eagle reported. He had also recently recovered from COVID-19.
Carney and his older brother Dan began their pizza venture in 1958, when both were studying at Wichita State University. Using $600 loaned to them by their mother, the two brothers opened the first Pizza Hut — reportedly named so because “their sign only had room for eight letters,” according to Pizza Hut’s official account — in a small brick building that now houses the Pizza Hut Museum.
YELP SHARES 2021 PROJECTIONS FOR RESTAURANT, TRAVEL INDUSTRIES
After growing their business, the Carney brothers would eventually sell Pizza Hut to PepsiCo for $300 million in 1977, though Dan would later claim that his younger brother probably “lost most of what he had made in Pizza Hut” pursuing other entrepreneurial ventures including real estate, oil, gas, automotive, and more, according to the Eagle.
“When he decided he was going to do something, he just . . . went after it.”