Read the DAILY CAL Sep 8, 2004 Daily Californian Online, Berkeley, California article about Zachary's Pizza and the transition to employee ownership.
A Slice of the Pie.
Zachary's Pizza Begins Transfer to Employee Ownership.
By Betty Yu
(excerpt from article)
Chunky deep-dish pizza, thick crowds and long lines spilling out the door are hallmarks of two popular East Bay restaurants.
Zachary's Chicago Pizza has been a growing success since husband-and-wife team Zach Zachowski and Barbara Gabel opened their first store on College Avenue in 1983. Over the span of 21 years, they have tripled the square footage of the restaurant and more than doubled the number of seats. A second store opened on Solano Avenue in Berkeley in 1984.
Now the pair are retiring and giving Zachary's staff a piece of the pie-making the restaurants employee-owned through a program known as the Employee Stock Ownership Plan.
"We wanted to give our long-term employees a future," Gabel says. "We wanted to get out, and the ESOP is the best way to accomplish that and carry it on to the next generation. We think our employees deserve that."
Zachary’s is part of a small group of 11,000 businesses of every size, both publicly held and privately owned, that participate in ESOPs. In 2002, the plan covered over 8.5 million employees nationwide, according to the National Center for Employee Ownership.
Read the entire DAILY CAL article (opens in a new browser)
A few recent DAILY CAL awards:
2004
Featured in DAILY CALIFORNIAN ONLINE.
2002
DAILY CALIFORNIAN Newspaper, Best Pizza.
2001 Awards
Voted Best Pizza in DAILY CALIFORNIAN Newspaper Readers' Poll
DAILY CALIFORNIAN Newspaper, Best Pizza.
DAILY CALIFORNIAN Newspaper, Best Restaurant, Honorable Mention.
2000
DAILY CALIFORNIAN Newspaper, Best Restaurant, Honorable Mention.
1999
Voted Best Pizza DAILY CALIFORNIAN.
1998
Winner Best Gourmet Pizza DAILY CALIFORNIAN Readers' Poll.
The Daily Californian is an independent, student-run newspaper published by the Independent Berkeley Students Publishing Company, Inc. The newspaper serves the UC Berkeley campus and its surrounding community, publishing Monday through Friday during the academic year and twice a week during the summer. Established in 1871, The Daily Californian is one of the oldest newspapers on the West Coast and one of the oldest college newspapers in the country. Daily Cal staffers have the unique opportunity of gaining daily metro news experience in the lively city of Berkeley. The newspaper has consistently covered the city and its institutions since its establishment, allowing student journalists to report on campus as well as city news.
See also:
Awards and Reviews
Article about Zagat Survey.
Video from Evening Magazine.
Program on Travel Channel.
Article in Oakland Tribune.
Article in Contra Costa Times.
Article in Pizza Today.
Article in Wall Street Journal.
Best of Citysearch.
Best of East Bay Diablo Magazine.
Best Pizza San Francisco Magazine.
AOL City Guide City's Best.
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