Jersey Mike’s longtime CEO and founder steps down after $8 billion sale to private equity

The Founder and CEO of a Franchise That Recently Sold for $8 Billion Is Stepping Down. Here's Who's Replacing Him.

After guiding the brand through explosive growth and a private equity deal, Peter Cancro is stepping down. Here's what's next for the sandwich giant.

For the first time in about 50 years, Jersey Mike’s has a new CEO

Peter Cancro, the founder and CEO of Jersey Mike’s Subs, is stepping back from the leadership position following an $8 billion sale that made him a multibillionaire.

Jersey Mike’s hires Charlie Morrison as CEO

Morrison, former CEO of Wingstop and Salad and Go, takes over for Peter Cancro, who has led the chain for 50 years.

Jersey Mike's appoints Charlie Morrison as new CEO

Jersey Mike's has appointed industry veteran Charlie Morrison as chief executive officer (CEO), effective 28 April 2025.The post Jersey Mike’s appoints Charlie Morrison as new CEO appeared first on Verdict Food Service.

Charlie Morrison Appointed CEO of Jersey Mike’s

Charlie Morrison Distinguished Industry Veteran with a Sustained Track Record of Driving Growth at Wingstop and Other Global Restaurant Brands to Lead Company’s Next Chapter Following Successful 50-Year Career Building Jersey Mike’s, Peter Cancro to Remain Chairman of the Company’s Board of Directors and a Significant Minority Shareholder Manasquan, NJ  (RestaurantNews.com)  Jersey Mike’s Subs (“Jersey Mike’s” or the “Company”), a leading franch…

Morrison succeeds Cancro as CEO of Jersey Mike's

Jersey Mike’s Subs, franchisor of fast-casual subway sandwich shops, announced Thursday that food industry veteran Charlie Morrison will be the iconic sandwich company’s new chief executive officer, effective April 28. Morrison succeeds Peter Cancro, who is stepping down from the CEO role 50 years after acquiring the company’s first location in 1975. Cancro will stay on as chairman of Jersey Mike’s board of directors. Nigel Travis has been named…