Today, the still privately-owned Pappas family of restaurants is based in Houston, Texas and is operated by Jim's sons, Harris and Chris. The vast majority of their compensation came in the form of The largest trade he's ever made was buying 190,000 units of Luby`s stock on 17 August 2017 worth over $532,000. Christopher Pappas's largest sale order was 300,000 units , worth over Encyclopedia.com. So what is the Queens bank card that Chris Harris owns? In the last 12 years, insiders at Chefs' Warehouse, Inc have sold an estimated value of $249.32M From building a restaurant dynasty to mentoring entrepreneurs and piloting small aircraft, "Mr. Pete," as colleagues and employees called him, was a leader with wide-reaching impact on the Houston hospitality industry. Please try in a few minutes. Luby's is also the franchisor for the Fuddruckers restaurant brand. The company was founded by Christopher Pappas and John D. Pappas in 1985 and is headquartered in Ridgefield, CT. WebThe founders are Greek-American brothers Pete and Jim Pappas, and the company is currently run by Jim's sons Christopher and Harris Pappas. Source of wealth: Cloud computing. Based in Houston, the still privately-owned and operated business is a highly respected leader in the industry nationwide. 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. Top 5 Steaks in America, Wine Spectator With locations in Houston, Dallas, Austin, San Antonio, Beaumont, Atlanta, Chicago, Denver and Phoenix, Pappas is a respected leader in the competitive restaurant industry. The oldest executive at Luby`s, Inc. is JoeMcKinney, 73, who is the Independent Director. Pappas brought with him to the New World in 1897: a passion for quality food and service, careful attention to detail, and a determination to treat every person that walks through the door as a welcome Guest. By Dan Alexander Forbes Staff. We also build relationships within our communities through participation and service as we work together to help meet community needs. https://www.encyclopedia.com/books/politics-and-business-magazines/pappas-restaurants-inc, "Pappas Restaurants, Inc. Youll encounter several of them on the floor each night as well, to be sure every Guest receives personal attention to their wine needs. Chris Harris (born June 18, 1989) is famous for being football player. View Address +Edit. Episode: Bolton & Ferrari SF90 (No. Get notified the next time Christopher Pappas buys or sells Chefs' Warehouse stock. $161.87K . 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. 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. Net worth: $1.0 billion (#2,475 wealthiest in the world) Residence: Provo, Utah. Mr. Pappas graduated from the University of Texas with a Bachelor of Science in Mechanical Engineering. He took his company public and for a time it was valued at over $1 billion. We even make our own chairs!#N#We own and operate almost everything we need to ensure we continue to serve the highest quality food in the exciting, comfortable environment that keeps our Guests satisfied and coming back. During the last twelve months, insiders at the sold shares 2 times. Telephone: (972) 980-9917 We carry more full-time chefs than other steakhouses. Harris J Pappas owns about 5,448,301 units of Lubys Inc common stock. Most recently he bought 75,000 units of LUB stock worth $210,000 on 2 March 2018. The Queens bank?! Christopher Pappas Net Worth Most recently he bought 75,000 units of LUB stock worth $210,000 on 2 March 2018. Mr. Pappas owns over 75,000 units of Luby`s stock worth over $8,180,476 and over the last 17 years he sold LUB stock worth over $0. As the President, Chief Executive Officer, and Director of Luby`s, the total compensation of Christopher Pappas at Luby`s is $9,615. 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. "Pappas Bros. Make Investment in Luby's," PR Newswire, December 27, 2000. However, the business also had its failures. On average, Christopher trades about 25,654 units every 44 days since 2005. The most recent transaction was a sale order of 8,000 units , worth passed down to his sons and grandsons. During the last twelve months, Chefs' Warehouse insiders bought shares 2 times. You can see the emphasis on family when you dine at Pappas Bros. Steakhouse. Past Address. His current term ends on January 3, 2025. We employ the electricians who keep the lights on and the kitchens humming. Food Network Christopher J. Pappas serves as President, Chief Executive Officer, Director of the Company. Brinker International, Inc. Having at least three chefs overseeing the kitchen each night means we can ensure every dish not just our incredible meat, but our sauces, desserts and sides, too goes out flawlessly. Christopher Pappas, age 59, is our founder and has served as our chief executive officer since 1985 and has been a director on our Board and our Board chairman since our IPO, and he also served as a director and the chairman of the board of our predecessor company, Chefs Warehouse Holdings, LLC. At Pappas Bros. Steakhouse, we put immeasurable care into everything we do, all to provide our Guests a dining experience like no other. Chris received a degree in engineering from the University of Texas and took a job at IBM computers. Information on this page was last updated on 3/13/2023. Earl Childress who sold 9,251 units worth Chefs' Warehouse, Inc's most recent insider trade came on March 14, 2023 by His sons, Pete and Jim, chose a different path than their father and entered the restaurant equipment and supply business. Chefs' Warehouse's insider roster includes Alexandros Aldous (General Counsel), Patricia Lecouras (Insider), James Leddy (CFO), Tim McCauley (CAO), Christopher Pappas (CEO), and John Pappas (Vice Chairman). Although Chris' salary for his presenting duties on Top Gear remains undisclosed, he has made a fortune from the reputed show. Maryville, Tennessee 37801-4936 Telephone: (813) 282-1225 Additionally, Mr. Pappas has broad executive management and operational experience from his 36-year tenure as Chief Executive Officer of Pappas Restaurants, Inc. Katherine Oliver who bought, In the last 12 years, insiders at Chefs' Warehouse, Inc have sold an estimated value of, https://www.sec.gov/Archives/edgar/data/1517175/000151717521000006/chefs2021proxy.htm, Mailing address is 100 East Ridge Road Ridgefield CT 06877 CT. In 1970, Jim Pappas's son, Harris, joined the family business, soon followed by his other sons, Christopher and Greg. This type of business is called "vertical integration," and it helps us ensure there's never a holdup in the process and that we have the absolute best for our Guests the moment they ask for it. 2023 GRV Media Ltd. All Rights Reserved. Harris Pappas owns over 75,000 units of Oceaneering International stock worth over $79,473,227 and over the last 19 years Harris sold OII stock worth over $668,640. He also has been Chief Executive Officer of Pappas Restaurants, Inc. since 1980. Moore, Paula, "Pappas Poised to Shake Up City's Tex-Mex Industry," San Antonio Business Journal, March 27, 1992. Most recently, Christopher Pappas sold 300,000 shares of the business's stock in a transaction on Tuesday, November 9th. It wasnt until 1976, when Jim's sons, Chris and Harris, following in their grandfather's footsteps opened their first restaurant, bringing the familys American dream full circle. Encyclopedia.com. This net worth estimate does not reflect any other investments that Mr. Pappas may own. Getting out a Coutts bank card, he instantly catches Paddys attention. Think of yourself as a Guest of the family. He left Greece in 1897 and traveled to America to pursue his dreams. Learn More on Chefs' Warehouse's active insiders. The company planned to open another Pappasito's and the Pappas' Cajun seafood concept, Pappadeux Seafood Kitchen, in San Antonio by the fall of 1993. Christopher Pappas has not been actively trading shares of Chefs' Warehouse during the last ninety days. Today, the still privately-owned Pappas family of restaurants is based in Houston, Texas and is operated by Jim's sons, Harris and Chris. Learn More on Chefs' Warehouse's active insiders. His net worth at one time was over a billion dollars. Pappas family in Texas considers buying Lubys and Fuddruckers restaurants The brothers also made their mark by offering large portions at moderate prices at restaurants with highly visible locations. Pappas brought with him to the New World in 1897: a passion for quality food and service, careful attention to detail, and a determination to treat every person that walks through the door as a welcome Guest. WebHarris and Chris still lead the chain of Pappas restaurants with more than 80 locations in seven states, throughout Texas, and with locations in New Mexico, Ohio, Georgia, Illinois, Arizona and Colorado. such as textbooks, contact OpenSecrets: info[at]crp.org. Pappas Pappas Bar-B-Q is a favorite for slow-smoked, lean and juicy Texas barbeque with all the trimmings. Insiders at Chefs' Warehouse own 11.5% of the company. Harris and Chris still lead the chain of Pappas restaurants with more than 90 locations in seven states, throughout Texas, and with locations in New Mexico, Ohio, Georgia, Illinois, Arizona and Colorado. For permission to reprint for commercial uses, Luby's financial fortunes continued to plunge with its stock price bottoming at 95 cents a share on May 7, 2003. Source: https://www.sec.gov/Archives/edgar/data/1517175/000151717521000006/chefs2021proxy.htm. Theyre what H.D. In 1995, the company settled a class-action complaint by the U.S. Mar 30, 2023. In December 2021, Pappas became engaged to Vann Bentley. You can see the complete history of Mr. Pappas stock trades at the bottom of the page. . Each of these restaurants included 10,000 to 12,000 square feet of space, was designed by the Pappas' architectural staff, and was built by the company's in-house construction crew. Amidst the company's growing success, it ran into legal woes. He was essential to the siting of new restaurants, said Chris Pappas. Telephone: (865) 379-5700 Chris Pappass income source is mostly from being a successful Politician. Calvin GinLuby'sTrade nameLuby'sNet incomeUS$15.226 million (2019)OwnerCalvin GinNumber of employees6133 (2019)ParentFlying Food Group12 more rows. There are 2 older and 13 younger executives at Luby`s. Harris and his brother, Chris, opened their first restaurant together in 1976. He has 30 years of operational management experience in the restaurant industry and is actively involved in the general operations of all Pappas restaurants and in the development of new sites and concepts. His former co-presenter Matt LeBlanc was making $1 million a year before he left the show in 2018. As of 2 March 2018 he still owns at least 4,595,773 units of Luby`s stock. Luby's is operating these businesses pending their sale under its previously announced plan of liquidation and dissolution referenced above. Based in Houston, the still privately-owned and operated business is a highly respected leader in the industry nationwide. In the late 1990s, Pappas was ranked the No. His net worth has since declined as the companys shares went into decline. It was reported that the drivers Youtube channel alone has a net worth of $29,000 in October 2020, according to statsmash.com. Web site: http://www.brink, Ruths Chris Steak House In 1979, the family opened the Circus Restaurant with a Barnum & Bailey theme but terminated the venture in 1985. and bought an estimated value of $5.6M worth of shares. Christopher James Pappas, and Harris J Pappas. The deal marked the Pappas brother's first ownership in a publicly traded company. 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. There are 2 older and 13 younger executives at Luby`s. Since then, we've opened more than 100 restaurants and have become a leader in the hospitality industry. Pick a style below, and copy the text for your bibliography. They sold a total of 21,000 shares worth more than $839,000.00. . The current estimated net worth of Lubys Inc's Director, Harris J Pappas, is estimated to be about $15.75M . Christopher Pappas Net Worth 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. Luby`s executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. 1900 Mellwood Avenue Learn More on Christopher Pappas' salary. Federal raids at six Pappas-owned restaurants in the Dallas area had found more than 100 undocumented workers, primarily from Mexico and Central America. The company had several firmly established and profitable concepts, including Pappas Seafood House, Caf Pappadeaux, Little Pappas Seafood Kitchen, Pappamia Cucina Italiana, Pappasito's Cantina, and Pappas Brisket House barbecue place. (516) 864-0200 The 10 Richest People in Utah