Burger Mogul's Luck Ran Out; Carl's Jr. Exec Ousted. (Originated from The Orange County Register, Calif.)

From: Knight Ridder/Tribune Business News | Date: October 4, 1993| Author: Hirsch, Jerry | Copyright information

Oct. 4--For five decades Carl Karcher was the model of California entrepreneurial success. He capitalized on changes in lifestyle and demographics to take advantage of the state's post World War II economic boom, transforming a single hot- dog cart into a 648-outlet fast-food chain.

Over five decades the working-class boy became a millionaire, a noted philanthropist and an icon for entrepreneurial spirit.

But then Carl's luck ran out, at home and at work. Over the p...

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