You're correct, I didn't. I'm relying upon my memory from being in that industry at the time. As I recall, Cain was president of Godfather's when it was owned by a major flour company (Pillsbury or General Mills).
He took it to the point of bankruptcy and then engineered an employee buyout, stripping it of most of it's assets to leverage the buyout.
Godfather's was one of the top national chains when Cain became its president and now it is almost nonexistent.
Do your own research if you don't believe me.
Herman Cain, president, Godfather's
Calling it "the biggest challenge I have ever taken on in my entire career,' Herman Cain, 40, grabbed an offer by Pillsbury to take the helm of Godfather's Pizza. Declining sales and a deteriorating franchise system, coupled with the fact that Cain had never before even stepped foot in a Godfather's restaurant, all help to underscore the challenge he's faced with.
"Normally people don't accept jobs without having first set foot in the place, and normally people don't accept jobs in a city they've never been to in their life,' says Cain. But three factors overshadowed Cain's doubts, prompting him to accept the offer. "I thought about the confidence implied in me by Jeff Campbell (chairman and chief executive officer of Bu...
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Cain, a corporate VP with Pillsbury, left to climb a nine-month ladder from Burger King dishwasher to its Philadelphia regional VP transforming that poorly performing business. Then he helped buy Godfather's Pizza, the fifth largest pizza chain. Cain's political organizing in the NRA is described.
Although African Americans were prevalent in the food service and catering industries century and a half ago, many blacks reserve a disdain for the trade today, seeing it as a throwback to a time when all they were sanctioned to do was serve. Not Herman Cain, who this May completes his yearlong presidency of the National Restaurant Association (NRA). He is here to testify that food service can be as creative and enterprising a road as any for blacks seeking the top of the food chain. ...
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According to these reports, if I add your slant to them I get this picture.
Herman Cain, corporate VP at Pillsbury, left that position (how he ever got there is still a mystery given his ineptitude), and took a job as a burger flipper in the worst area of the Burger King division of Pillsbury. He apparently did such a poor job at Burger King in Philadelphia that they had no choice but to make him the regional VP of Burger King.
Then to top it all off he was such a flop that they offered him a lowly position as the head of Godfather's Pizza. According to your account it was apparently a flourishing business, but Herman Cain drove them to the brink of bankruptcy, then instigated a buy out and stripped the company before selling it.
The problem is that I can't find any record of this abysmal showing. All I can find are the glowing reports of how he'd had such a stellar career, and was doing such a good job at Godfather's Pizza, that the National Restaurant Association sought him out to become their first black president.
Obviously my research ability is far inferior to your memory. Maybe you could help me document your scenario of the failures of Herman Cain.