Explore about the Famous Businessperson Edward C. Droste, who was born in No Country on April 22, 1951. Analyze Edward C. Droste’s net worth, age, bio, birthday, dating, height-weight, wiki. Investigate who is Edward C. Droste dating now? Look into this article to know how old is Edward C. Droste?
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Edward C. Droste Biography
Edward C. Droste (born April 22, 1951) is an American businessman. He is a co-founder of the Hooters restaurant chain and played a major role in various marketing initiatives that helped it to grow. Droste also co-founded several other restaurant chains, the resort management company Provident Resorts, and the marketing firm Provident Advertising and Marketing.
In 1968 Droste was elected Iowa Boys State Governor.
Immediately after graduating, in 1973, Droste moved to Florida to work for U.S. Home Corporation, quickly rising to Vice President of the management subsidiary of U.S. Home, the youngest person at that time to hold the position. Droste oversaw property management for the company’s high-rise condominiums in Florida’s West Coast.
He graduated from Iowa State University in 1973, with a B.S. degree in Industrial Administration and Political Science. He was President of his graduating class, and was named National Top Alumnus of the Year for his fraternity, Tau Kappa Epsilon. He later dedicated a study hall in his name at Iowa State’s business school.
Droste left U.S. Home in 1976 to start Bieder Management, which handled distressed property management for lenders and developers. His work took him around the country, where he saw many different kinds of bars and restaurants, informing his later career.
Droste and five partners opened the first Hooters restaurant in Clearwater, Florida in October 4, 1983. In the early days, when the restaurant was suffering from limited traffic, Droste came up with several unorthodox advertising and public relations efforts. In one instance, Droste wore a chicken costume to draw customers, and also painted a Hooters sign on a partially-sunken boat.
He later submitted Austin’s photo for promotional purposes to Playboy, and she was eventually selected as a Playboy Playmate in July 1986. Austin’s appearance resulted in a huge spike in national awareness for the chain.
In 2004, the Clearwater Regional Chamber of Commerce honored Droste with the “Mr. Clearwater” award for his service on behalf of the Clearwater community.
Droste married Marsha Posey in May 2006. He proposed in 2005 at a Miami Swimsuit Pageant in front of an audience of 2,000, under the pretext of presenting a “Manager of the Year” award. The proposal was also broadcast to 400 Hooters restaurants nationwide.
In 2008, Droste and his wife Marsha received the Gayle Sierens Volunteer of the Year in Philanthropy Award.
In 2012, Droste was inducted into the Tampa Bay Business Hall of Fame.
In 2014, Ed Droste was named a “Florida Icon” by Florida Trend Magazine.
What's Edward C. Droste Net Worth 2024
Net Worth (2024) | $1 Million (Approx.) |
Net Worth (2023) | Under Review |
Net Worth (2022) | Under Review |
Net Worth (2021) | Under Review |
Net Worth (2020) | Under Review |
Edward C. Droste Family
Father's Name | Not Available |
Mother's Name | Not Available |
Siblings | Not Available |
Spouse | Not Available |
Childrens | Not Available |