Staab Management's Growth Plan Delivers - First National Bank

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  • Oct 3, 2013
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1 First National Bank Salutes Local Businesses Staab Managements Growth Plan Delivers With its recent acquisition make our developed culture and organizational stability will of 13 Pizza Hut stores in Kansas, f a m i l y a strong nd were a great place to work. Staab Management Company (SMC) oriented family culture From a nancial perspective, Dave based in Grand Island, Nebr., has business throughout Staab credits First National Bank with increased its holdings to nearly 70 model work their network supporting his companys growth restaurants located throughout for us. of Pizza Hut strategy through acquisitions like the Nebraska, Minnesota, Iowa, Missouri T h a t restaurants. one in Kansas. As the economy grows, and Kansas. business This emphasis its harder to nd acquisition packages Many of the towns we operate in model was is evident from that are less than 10 restaurants, he are rural communities, according to established the family noted. So, we have to make sure company president Dave Staab. The in the mid- atmosphere nancing is available as we pursue majority of our markets are small, with 1 9 6 0 s and expanded larger acquisitions. 10,000 people or less in population, when Ken m e n u As family-owned businesses, which is where we have been able to Staab and selections Staab Management and his brother, at each of First National Bank share the N o r m a n , Ken (right) and his son, Dave, outside company their dine-in same conservative values and o p e n e d headquarters in Grand Island, Nebr. Dave joined the restaurants, commitment to serving and giving SMC management team in 1994 and became president to the their rst in 2002. back to the communities where Pizza Hut in employment their employees work and live. Hays, Kansas. During the next decade, opportunities available at both the First Nationals culture mirrored ours, their holdings grew to 30 locations, corporate and local level. so it was a good t and probably one which they sold to Pizza Hut when the While the Pizza Hut brand is known of the main reasons we went with parent company went public in 1972. primarily for carryout and delivery across them, Dave Staab added. Were both Most of our restaurants at that much of the nation, dine-in restaurants interested in developing long-term time were in college towns where the are still very viable in the Central Plains relationships. menu included pizza and beer, but states, according to Dave Staab. Were no sandwiches, salads or pasta, Ken somewhat unique as an organization recalled. As time went on, it became because we own 95 percent of our real evident that if we wanted to grow our estate, so we continue to invest in our business, we had to adapt to non- assets and provide a nicer atmosphere college towns and become more family for our customers. oriented. Employee development is another Ken started his own company in priority at Staab Management. 1973, which expanded from a single Everyone involved in restaurant Pizza Hut restaurant in Alliance, Nebr., operations is provided training and a to 30 locations in a multi-state area road map for advancement within the Cody Metcalf prepares a pizza for the by the early 1990s. The family-owned organization. Its as true today as it lunch buffet at a Pizza Hut in Grand Island owned by Staab Management, which business has continued to grow under was in 1965. Were only as strong as Pizza Hut dine-in restaurants like this oversees more than 1,700 employees in the leadership of Kens son, Dave, who the people who are part of our team, one owned by Staab Management in its network of restaurants in Minnesota, joined the company in 1994. Dave acknowledged. People who Grand Island remain viable throughout Iowa, Nebraska, Missouri and Kansas. Both Ken and Dave have are looking for a family-oriented the Central States region. First National Bank is passionate about helping local businesses Proudly Supporting like Staab Management, Local Businesses. because when businesses One withYou. thrive, so does our community. Member FDIC

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