
Peter Cancro
Peter Cancro is the founder and former CEO of Jersey Mike’s Subs, a fast-growing sandwich chain that he transformed from a single location in New Jersey into a major competitor in the industry with over 3,000 locations. Starting his journey in 1971 at the age of 17, Cancro purchased the original store and expanded the brand significantly through franchising. Under his leadership, Jersey Mike’s became the second-largest sandwich chain in the U.S., known for its high-quality subs and commitment to community engagement. Following an $8 billion sale to private equity firm Blackstone, Cancro stepped down as CEO but remains actively involved as the chairman of the board.
Not in the pool (under ¢1).
Recent news mentions
The reported seller is a limited liability company tied to Jersey Mike’s Subs founder Peter Cancro.
Mark Zuckerberg moves to Florida's 'Billionaire Bunker' amid CA wealth taxPeter Cancro announced he’s stepping down from his role as founder and CEO of Jersey Mike’s Subs.
Spirits industry getting hammered, reviving a river, ‘hell ants’: Catch up on the day’s storiesPeter Cancro, the founder and CEO of Jersey Mike’s Subs, is stepping back from the leadership position following an $8 billion sale that made him a multibillionaire.
Jersey Mike’s longtime founder and CEO steps down after $8 billion sale to private equity















