Andrew Cherng

Andrew Cherng is a prominent American billionaire and entrepreneur, best known as the co-founder and co-CEO of Panda Restaurant Group, which owns the popular Panda Express chain. Born on November 30, 1948, in Yangzhou, China, Cherng's journey to becoming a successful businessman is a tale of innovation, perseverance, and strategic leadership.

Cherng moved to the United States in 1966 to attend Baker University in Kansas, where he earned a degree in mathematics. He later completed a master’s degree in applied mathematics at the University of Missouri. His career began in the aerospace industry, but he soon realized his passion lay in the restaurant business. In 1973, Cherng and his father, Master Chef Ming-Tsai Cherng, opened Panda Inn in Pasadena, California. The restaurant’s success laid the foundation for what would become a culinary empire.

In 1983, recognizing the growing popularity of fast food, Cherng and his wife, Peggy Cherng, launched the first Panda Express at the Glendale Galleria in California. The concept combined the quick service of fast food with high-quality Chinese cuisine, filling a niche in the American market. Peggy’s background in engineering and computer science played a crucial role in developing efficient operational systems, contributing to the chain’s rapid expansion.

Under Andrew Cherng's leadership, Panda Express has grown to over 2,200 locations worldwide, becoming the largest Asian segment restaurant chain in the United States. The company’s success is attributed to Cherng’s commitment to quality, innovation, and customer service. He emphasizes a strong corporate culture focused on values such as respect, growth, and continuous learning.

In addition to his business achievements, Cherng is known for his philanthropic efforts. Through the Panda Cares foundation, he and his wife have donated millions to health, education, and community organizations. Their contributions reflect a deep commitment to giving back and making a positive impact on society.

Andrew Cherng’s entrepreneurial spirit and strategic vision have not only transformed Panda Express into a household name but also set a standard for excellence in the restaurant industry. His legacy extends beyond business, highlighting the importance of philanthropy and community involvement in achieving long-term success.