(918) 492-7043is Chet's phone number. JE: And an easy form of advertising? Yeah. Less than a decade later, the company was running 43 stores in Oklahoma and had begun to branch out into surrounding states. Well, Oklahoma A&M, the only kind of business classes they had were agricultural business, they didnt even have business-business. September 9, 2020. hellcat vs p938; simple small front yard landscaping ideas low maintenance; jenny's super stretchy bind off in the round; senate democratic media center We didnt think we could do both at the same time and learn it. Thats an old story. But we knew fountains worked, we knew that kids running through fountains and so forth was fun. Gasoline seemed a lot easier than food. That took stuff we had to buy and get to work and so forth, so the whole thing has been a battle. We didnt have competition but we paid what assistant managers made in super markets for store managers and they made a little less and whatever. Yeah, thats right. CC: Yeah, I mean people fall in love with real estate when they own it. CC: Yeah. Healthcare's dysfunction and out-of-control costsare well documented. JE: Which was the toughest to figure out, the products or finding the right people? 11 in CSP's 2019 Top 202 ranking of U.S. c-store chains by number of company-owned retail locations. There werent missiles going around, so we were there in the business to keep the Russians off our back. Sure and we realized earlier than other people did that convenience didnt have value anymore because there was too much convenience. CC: Yeah, I love that. We talked to everybody. CC: That we were going to go broke. A 22-year-old employee of Tulsa-based convenience store chain QuikTrip died last week after contracting COVID-19, according to an email sent by QuikTrip CEO Chet Cadieux III which was obtained. JE: That additive package, that wasnt easy. CC: Yeah. Cloud Services & Solutions | Accenture And then later on they were coming out, and they would come back to work for us usually. And thats what they all were and there were about 3,000 convenience stores in the United States when we started and they were in Dallas and Atlanta and some in Florida. You can only go so broke. So when he came with this ready-made deal that was small, but at least it wasnt dirty, (Laughter) I mean you know. JE: To be able to become current with technology and let people buy it at the pump. CC: Oh no, no. It was just Git-n-Go and us. They said, Youre QuikTrip, its QuikTrip Gasoline. We had (come up with) Red Line Gasoline. CC: No, wed pay for fixing their car, cleaning out the tanks and whatever. He did dog food, he did soap. And they have pre-sliced and they have all sorts of stuff to make it work better. QuikTrip: Co-founder Chester Cadieux passes away | KTUL And I didnt want to get into something with real tough competition cause you couldnt survive. Around 20% of the privately-held company is owned . He owns a jewellery store named Lalitha Jewellery. Cadieux, Chester. And then the 4th store, and we were going bankrupt in there but the. property and now theyve sold it all because they dont want to be in the gasoline business. CC: Well it was fun and the Cowboy always had Lamar with him in his pickup truck. JE: So she had a big influence on your life. My mother was a huge influence in my life. When he passed away, and he passed away just before the first QuikTrip opened, and he loaned me about $5,000 to get in, (to the business) which is worth about $80,000 or $90,000 now. Or what kind of name is it, CC: They were French-Canadian, from ten generations of French-Canadian and my grandparents moved to Chicago not knowing each other and they just met in Chicago, which was the place to be in the 1880s. Id see a junkyard, or Id see a trash truck. Chester Edward Cadieux Net Worth (2023) | wallmine We try to have fun. I ran in 20 of them. Having a net worth of $3 million, Chester Cadieux is a successful businessman. But Number 3 was okay. The Tulsa Metro Chamber elected Chet Cadieux, chairman, chief executive officer and president of the QuikTrip Corporation as the 2007 chairman of the board of directors at its Annual Meeting on Thursday, January 11. Douglas Miller Art Director Over the years, Chesters business ingenuity and charitable spirit have been recognized by numerous awards and honors. CC: No. I mean nobody has a plant where they make bad gasoline. But thats so rare that you have that problem. The familys net worth is estimated at $1.9 billion. As the Independent Director of BOK, the total compensation of Chester Cadieux at BOK is $33,281. Mr. GKFF Staff | George Kaiser Family Foundation Staff And as time went on it expanded because people who used to be young got old and they still went to convenience stores, but not as often. and mostly its just all major oil companies, and so you work your way in to being able to buy gasoline in markets where you want to buy it. CC: And that sounded hot, but you have to be QuikTrip. And weve done it with better people, really. CC: Yes, yes, because thats the whole driving force of the company. JE: But gas is gas is gas and so was it the additive packages that would make the difference for you do you believe? That killed volume on some streets and added tremendous volume on other streets. What I learned from QuikTrip CEO Chet Cadieux's lecture Then you had to go back to pre-pay gasoline and you didnt want to have to go back to pre-pay because that slows everything down. It was fun. The most recent stock trade was executed by Alan S Armstrong on 15 March 2023, trading 1,500 units of BOKF stock currently worth $130,605. Chester Edward Cadieux Net Worth (2023) | wallmine After graduating from Tulsas Central High School, Chester earned a degree in Business Administration from the University of Oklahoma and then joined the Air Force. That was a hot spot and there was, you know, theres all sorts of areas that you move to where they spoke French or they spoke, you know, whatever language they spoke.