Truett Cathy to step down as Chick-fil-A CEO - wave3.com-Louisville News, Weather & Sports

Truett Cathy to step down as Chick-fil-A CEO

Source: Chick-fil-A Source: Chick-fil-A
ATLANTA (CBS46) -

Truett Cathy, 92, is stepping down as CEO of Chick-fil-A. His son, Dan, will assume the role of Chairman, President and CEO.

"Dan is ready to take Chick-fil-A into its next chapter of growth and stewardship. He has been a highly effective leader in the business and shares my commitment of being a faithful steward to all that has been entrusted to us. I am deeply grateful for so many things in my life --- for the opportunity to grow one modest restaurant into a chain that provides for the Operators and team members who run them, for the communities they serve and for the bounty that has allowed us to give back through foster homes, scholarships and camps for children. I am also grateful for my children and grandchildren who have a love for the family business, and I have the deepest confidence in their commitment to continue graciously running our family business under Dan's leadership," said Truett Cathy in a statement.

Truett Cathy started the business in 1946, when he and his brother, Ben, opened an Atlanta diner known as Dwarf Grill, later renamed Dwarf House.

In 1967, Truett Cathy founded and opened the first Chick-fil-A restaurant in Atlanta's Greenbriar Shopping Center.

Truett Cathy will assume the title of Founder and Chairman Emeritus and will continue to focus on his other entrepreneurial endeavors.

Copyright 2013 WGCL-TV (Meredith Corporation). All rights reserved.

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