Subway Co-Founder Fred DeLuca Dies at 67 The sandwich BIZ Experiences opened his first location at just 17.

By Kate Taylor

Opinions expressed by BIZ Experiences contributors are their own.

Reuters | Stefan Wermuth

The man behind the Subway brand died just weeks after celebrating the company's 50th anniversary.

Subway founder and CEO Fred DeLuca died on Monday evening at the age of 67, the company confirmed on Tuesday. DeLuca founded the sandwich chain with his business partner, Dr. Peter Buck, in 1965 when he was only 17 years old.

Related: Burning Man Considers Legal Action Against Quiznos After Parody Ad

Under DeLuca's leadership, Subway began franchising in 1974 to grow into a chain with more than 44,000 locations worldwide. DeLuca was a major advocate for franchising throughout his life, telling BIZ Experiences in 2005, "The franchisees are uniquely in touch at the local level. They see what's going on in their communities in a way we couldn't ever imagine."

DeLuca was diagnosed with leukemia in 2013. He continued to serve as CEO while receiving treatments, but named his sister Suzanne Greco president overseeing day-to-day operations in January of this year.

Related: Subway Reveals It Did Not Act on a Serious Complaint About Jared Fogle in 2011

Kate Taylor

Reporter

Kate Taylor is a reporter at Business Insider. She was previously a reporter at BIZ Experiences. Get in touch with tips and feedback on Twitter at @Kate_H_Taylor. 

Want to be an BIZ Experiences Leadership Network contributor? Apply now to join.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for BIZ Experiencess to pursue in 2025.

Science & Technology

OpenAI's Latest Move Is a Game Changer — Here's How Smart Solopreneurs Are Turning It Into Profit

OpenAI's latest AI tool acts like a full-time assistant, helping solopreneurs save time, find leads and grow their business without hiring.

Social Media

How To Start a Youtube Channel: Step-by-Step Guide

YouTube can be a valuable way to grow your audience. If you're ready to create content, read more about starting a business YouTube Channel.

Money & Finance

These Are the Expected Retirement Ages By Generation, From Gen Z to Boomers — and the Average Savings Anticipated. How Do Yours Compare?

Many Americans say inflation prevents them from saving enough and fear they won't reach their financial goals.

Starting a Business

I Built a $20 Million Company by Age 22 While Still in College. Here's How I Did It and What I Learned Along the Way.

Wealth-building in your early twenties isn't about playing it safe; it's about exploiting the one time in life when having nothing to lose gives you everything to gain.

Business Solutions

Boost Team Productivity and Security With Windows 11 Pro, Now $15 for Life

Ideal for BIZ Experiencess and small-business owners who are looking to streamline their PC setup.