The Power List 2017: Andrew and Peggy Cherng
As the co-CEOs of Rosemead, Calif.-based Panda Restaurant Group Inc., Andrew and Peggy Cherng have built Panda Express to nearly 1,900 restaurants. Instead of pulling back to enjoy the success of their more than 30 years of work in the foodservice industry, the Cherngs are charging forward, supporting emerging restaurant brands.
The Cherngs recently made a series of diverse investment moves that reflect the Cherngs influence in this restaurant industry, and just how little interest they have in playing it safe.
In November, the couple made its second investment to grow Just Salad, the New York City-based fast-casual salad chain