Ryanair’s Michael O’Leary: Firing On All Cylinders, Diogo Jota; Another Perfect Liverpool Signing, Minnesota Vikings Reverse Script, Beat Panthers, Keep Postseason Hopes Alive, Nocking Point Creates A Special Rose Wine To Commemorate 2020, How To Tell If The Company Culture Is Right For You, Diego Maradona Documentaries Available For Streaming, BTS’s ‘BE’ Opens At No. Company culture is critically important to effectiveness and fulfillment. Whataburger has been the heart and soul of our family legacy for nearly 70 years, but we feel really good about the partnership with BDT," said Tom Dobson. You have 4 free articles remaining this month, Sign-up to our daily newsletter for more articles like this + access to 5 extra articles. The company was founded by Harmon Dobson … recently proposed a new budget that would make Mississippi the 10th no-income-tax state. Tom healed the wounds that Peterson left on Whataburger by pulling together as a company, simplifying its message, shutting down less profitable locations, and putting emphasis back on … The Dobson family owns Whataburger, a fast food chain with more than 770 locations primarily in southern American states from Arizona to Florida. All Rights Reserved. EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Michigan Economic Development Corporation BrandVoice, As More Americans Move To No-Income-Tax States, More Lawmakers Move To Phase Out State Income Taxes. The Dobson family owns Whataburger, a fast food chain with more than 770 locations primarily in southern American states from Arizona to Florida. The leadership will shift, though Atkinson and Board Chair Tom Dobson, son of Whataburger founder Harmon Dobson, will continue to serve on the restaurant chain's board of directors. "BDT and the Whataburger team will begin exploring expansion plans – while staying true to the brand it has been over the past 69 years," Whataburger said in a statement on Friday. In an effort to make the Magnolia State more attractive to new families, employers, and job creation, Governor Tate Reeves (R-Miss.) A key influence for Ryanair's Michael O'Leary was the fact that he grew up on a farm. Tom Dobson has served as board chairman, while his siblings sat on the Whataburger board, according to Forbes. The new CEO and president of Whataburger was Tom Dobson, the son of Harmon and Grace Dobson. See why nearly a quarter of a million subscribers begin their day with the Starting 5. The family's net worth is up more than $1 billion since last year, in part due to new information obtained by FORBES about the company's revenues, which are estimated to be well over $1 billion. After he and his wife Grace died, their children, Tom, Hugh and Lynne, inherited the company. Annual sales are estimated to be approximately $2 billion. They are trusted advisors and partners who have worked closely with other family businesses and they have a tremendous reputation for doing the right thing.". With the second best passing yardage total of his career, Patrick Mahomes evened his record against Tom Brady. Tom Dobson, currently board chairman, will retire but keep a seat on the company's board of directors. Tom Dobson serves as chairman, while his siblings Hugh and Lynne sit on the Whataburger board. All Rights Reserved. To continue reading login or create an account. "They have a track record of success with businesses as special as ours that want to grow, while preserving culture and family history. BDT, on the other hand, is a merchant bank that had more than $12 billion in assets under management, according to Business Insider. The Texas-based chain, established in 1950, now serves customers at more than 800 locations in 10 states. 1 With One Of The Largest Debuts Of 2020, Biden Picks All-Female Communications Team, Laverne Cox Says She And Friend Were Attacked Because She’s Trans, Northwestern University Has Developed An AI System That Helps Detect Covid-19 On Chest X-Rays. Las Aguilas was established by the Dobson family in 2011. Overcoming adversity is often a formula that championship teams follow. But it can be harder to discern a company culture during the pandemic. KFC Weighing Up Introducing Vegan Options at Fast Food Chain, Florida Women Attacked BK Manager After They Didn't Get Fries: Police, Wendy's Employee Takes Bath in Restaurant's Sink. The company was founded by Harmon Dobson in 1950 and later inherited by his children—Tom, Hugh and Lynne. The Return Of Resale Ticketing. 1 of 51. IRS data shows people have been flocking to no-income-tax states for years. Diogo Jota has turned Liverpool fans into believers since his September move from Wolves. BDT will provide the funding needed to grow Whataburger's operations. “Farmers have to survive the winter. President and CEO Preston Atkinson and board chairman Tom Dobson … Atkinson and Dobson will remain on the company's board of directors "to provide ongoing guidance and ensure a smooth transition," according to the release. Harry Potter New York's Online Store is Officially Open Fans can now have the magic of the Wizarding World delivered to their doors. More: Whataburger's lawyer: Texan restaurant … While terms of the deal weren't disclosed in the company's press release, the transaction is expected later this summer. The company's sale was driven by Whataburger's desire to expand its brand and introduce its restaurants to a new customer base, the company said. Whataburger, the popular burger chain with a 69-year legacy in Texas, has sold a majority interest in the company to Chicago-based investment banking firm BDT Capital. Harmon Dobson stands with his five-year-old future Mr. Whataburger, Tom Dobson (1955). © 2020 Forbes Media LLC. The actress said a man aggressively approached her in a Los Angeles park on Saturday. Patrick Mahomes And The Kansas City Chiefs Outduel Tom Brady’s Buccaneers, Edinson Cavani Arrives At Manchester United, Meet Diageo’s 2020 Distillers Edition Collection. Here's how. Social Media Gets Frosty. As the sports world continues to reel from the loss of legendary Argentine footballer Diego Maradona, HBO and Netflix documentaries are available for streaming. This could potentially act as a rapid screening and triage tool. Whataburger’s founders, the Dobson family, will have a minority ownership position in the company. Fans of Diageo’s lineup of single malts have something new to be on the hunt for: six new limited-edition single malts from some of its most iconic distilleries. Vivid Seats, the Chicago resale ticket market moves to reinstate payment to suppliers within 15 days after sale. In May, Reuters reported that Whataburger had hired investment bank Morgan Stanley to help explore the possibility of a sale. Vivid Seats Dances While StubHub Spins. President and CEO Preston Atkinson and chairman Tom Dobson will step down from their positions to work with Las Aguilas, an investment company focused on philanthropy and real estate. His wife Grace died, their tom dobson whataburger, tom, Hugh and Lynne inherited... None of that Sunday against the Carolina Panthers to grow Whataburger 's operations are usually the team that heartbreak... Whataburger company, which was born from a single burger stand, has built and managed 800. 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