Andrew & Peggy Cherng

Founders & Co-CEOs of Panda Restaurant Group

As founders and Co-CEOs of Panda Restaurant Group, Andrew and Peggy Cherng have built a family-owned and operated restaurant empire that surpasses $3 billion in annual revenue. A fundamental component of their business strategy is giving back and paying forward: the Cherngs’ philanthropic endeavors have seen over $83 million given to education, youth leadership development, and healthcare causes over the years. In 2017, they made a $30 million gift to name and endow the Department of Medical Engineering at Caltech.