Steak n Shake, the iconic, 76-year-old American brand, is much older than its chairman and chief executive, Sardar Biglari. Founded in 1934, Steak n Shake boasts nearly 500 locations, systemwide sales of $724 million and more than 20,000 employees. It is controlled by one man, a 33-year-old investor.
By most accounts, Biglari’s leadership of the chain since 2008 has created a significant company turnaround.
Steak n Shake posted one of the strongest fiscal years in foo