Sign in or Register

Already a member?

Sign in

Or sign in with your account on:

Not a member yet?


Panera Bread CEO Lives Off of $4.50 a Day

  +Follow September 18, 2013 8:57AM
Tickers Mentioned:

In an attempt to raise awareness about hunger in the United States, Panera Bread Co. (PNRA) CEO Ron Shiach is living off of $4.50 a day and blogging his experience.

“For one week, beginning Saturday, September 14, 2013, I will live on just $4.50 a day, the average daily benefit per person provided by the Supplemental Nutrition Assistance Program (SNAP; formerly known as Food Stamps),” said Sciach.

According to a recent New York Times article, 49 million people are categorized as “food insecure”, or as Sciach simply put, hungry. 48 million people in the United States are supported by food stamps, while an estimated 16 million children go to bed hungry.

While Sciach has spent many hours studying the issue of hunger, he himself has never personally experienced it. That is until now.

Since the "SNAP Challenge" began on September 14, the CEO has been updating his experience on Linkedin Corporation (LNKD) .

When grocery shopping on a weekly budget of $31.50, to his surprise Shiach has found he cannot afford common items such as milk, fruits, coffee, or yogurt. His diet mostly consists of cereal without milk, pasta, and dry chickpeas.

On the third day of the Snap Challenge, Schiach wrote that he felt “bloated and weak” due to the carbohydrate-heavy diet. In addition, he noted that he had a hard time focusing throughout the day.

The challenge is also taking a toll on Sciach mentally. By the fourth day he stated that his mind is constantly “consumed by food.” He cited an instance where he lashed out at this wife for over-portioning his pasta at dinner because of his anxiety over running out of food.

Sciach experience with hunger lasts one week, but he realizes that for many others it is a real and on-going struggle.

“To be clear, I don’t mean to trivialize anyone else’s experience or claim mine as an authentic representation of what food insecurity looks like," Shiach said. “Rather, my hope is to inspire other leaders – in business, government and the nonprofit world – to take on the challenge of food insecurity as their own.”

Through this experience Sciach hopes that he himself will be inspired to figure out new solutions to the problem of hunger. Sciach also initiated Panera Cares in 2010, which provides a collection of cafes that offer free food to those in need.

DISCLOSURE: The views and opinions expressed in this article are those of the authors, and do not represent the views of equities.com. Readers should not consider statements made by the author as formal recommendations and should consult their financial advisor before making any investment decisions.

Please state any and all relevant disclosures pertaining to the article you are submitting. If none, put "None".

Liked What You Read? Join Equities.com as a contributor and get eyeballs on your content FOR FREE!

Results for PNRA
28 Nov 14 10:32:18
$PNRA Is Gluten-Free a Real Threat to Panera Bread Co.? http://t.co/atpkIgN54I
Clair Voight
28 Nov 14 09:31:24
$PNRA Is Gluten-Free a Real Threat to Panera Bread Co.? http://t.co/J78fI3F6yk
Penny Stock Secret
28 Nov 14 08:57:35
Premium Alerts Ranked #1 For Gains 2834% Last Week http://t.co/SVqoMlijqL .. $PNRA $BXS $CFR
Kym L
28 Nov 14 07:37:02
I can't cut and paste for retweet for some reason - but check out $PNRA I tweeted the other day (Nov 25)
Sunrise Trader
28 Nov 14 07:33:53
$ICE $PNRA $COST $ORLY big day today for these names
Samuel Brown
28 Nov 14 07:33:02
$PNRA Top Franchises: Investing in Panera Bread Co. http://t.co/CxlF6scL2t
28 Nov 14 00:20:09
Our Penny Stock Pick On $STTK Is Up 128.57% In 2 Days! Major Update: http://t.co/oR27rFfh2v $PNRA $BXS $CFR
27 Nov 14 21:32:04
Top Tweets for $PNRA (Panera Bread Co symbol PNRA) on 11/28/2014 http://t.co/JfPZN6r78q
27 Nov 14 20:13:19
Our Penny Stock Pick On $STTK Is Up 128.57% In 2 Days! Major Update: http://t.co/oR27rFfh2v $PNRA $BXS $CFR
27 Nov 14 14:05:52
Our Penny Stock Pick On $STTK Is Up 128.57% In 2 Days! Major Update: http://t.co/oR27rFfh2v $PNRA $BXS $CFR
Penny Stock Secret
27 Nov 14 08:53:09
This Guy Is Making Millions! Watch This Video Proof Here At http://t.co/SVqoMlijqL .. $PNRA $BXS $CFR http://t.co/KZb94DBqvi
US Banking News
27 Nov 14 06:20:35
Panera Bread Gets Average Rating of Hold from Analysts $PNRA http://t.co/Ryxde5SXj0
26 Nov 14 22:37:41
Our Penny Stock Pick On $STTK Is Up 128.57% In 2 Days! Major Update: http://t.co/oR27rFfh2v $PNRA $BXS $CFR
26 Nov 14 17:16:37
Our Penny Stock Pick On $STTK Is Up 128.57% In 2 Days! Major Update: http://t.co/oR27rFfh2v $PNRA $BXS $CFR
Kym L
26 Nov 14 17:15:51
$PNRA updated notes on chart https://t.co/mEcCUIczuc via http://t.co/xwjHFWIZcr
Josette Becnel
26 Nov 14 16:32:58
Are you thinking of Investing in $PNRA $INTC $BMRN $CADX #liquidity http://t.co/qOlxQX5Vfv
Joella Vitale
26 Nov 14 16:21:45
#Stocks you might want to hold onto $TWO $PNRA $RKT $AAPL Visit http://t.co/OioIXNkvCw
Germaine Luke
26 Nov 14 15:00:11
$JCI Todays movers to research $ILMN $PNRA $AMZN #wealthmanagement http://t.co/6ulb2fPshr
Damari Wicker
26 Nov 14 14:59:42
$PNRA Great #Stock Newsletter on $HXL $FOSL $DUST #liquidity http://t.co/q3CVcMIc8k
Devan Olivarez
26 Nov 14 14:56:56
Get Free research on $NNN $BRCM $PNRA $AAPL #NASDAQ http://t.co/JnKafp7uxe
Leonie Machado
26 Nov 14 14:42:24
Are you Bullish on these #stocks $PNRA $KMT $ALR $FB Try this http://t.co/jwdLZ1jTlN
Octavius Chandler
26 Nov 14 14:39:43
Looking for more info on $ASBC $PNRA $RYN $PCLN #financial http://t.co/NsZjivSKzD
Lu Askew
26 Nov 14 14:35:36
#Stocks you migh want to Sell $COST $TMUS $PNRA $BWP #liquidity http://t.co/diXFMnT4KD
Cortney Crooks
26 Nov 14 14:29:42
$PNRA Keeping my Eye on $GAS $GPC $FB #financial http://t.co/9JQvHSXiGO
Horacio Beebe
26 Nov 14 14:23:55
Are you looking for more winners like $CAG $PNRA $BRCD $AAPL #StockMarket http://t.co/hbrmeKSCX2
Horacio Beebe
26 Nov 14 14:00:25
Looking for research on $PNRA $APOL $SO $DF Give it a try http://t.co/mOR9Cg78Ms
26 Nov 14 13:29:32
Our Penny Stock Pick On $STTK Gained 171% And Closed up Over 85%! Huge News: https://t.co/AMUdfiTtGW $PNRA $BXS $CFR
Chrissy Croteau
26 Nov 14 13:26:27
$EQR #Stocks you might want to buy $NDSN $PNRA $FXY Goto http://t.co/BfdVUq2J95
Demetra Denial
26 Nov 14 13:09:48
Is it breakout time on $PNRA $TSN $TE $AMZN Click http://t.co/Ei4hCMfqRa
Karin Metcalf
26 Nov 14 12:40:31
$AEO Are you hanging on to $VLY $PNRA $GAIN #wealthmanagement http://t.co/R44FMeqAPG
26 Nov 14 12:30:14
Hedge Funds Trimming: $EXR $PRE $HAWK $ISRG $ETN $EV $CCI $BEE $OUTR $VTR $R $KLAC $WDAY $MWE $PNRA http://t.co/Vv2VEnpBuv #trading #mkt
Lissette Collins
26 Nov 14 12:23:09
Awesome #Stock #Research on $PNRA $ECL $MKL $AAPL #equity http://t.co/jJdrfTfoMq
Market Int Center
26 Nov 14 12:19:48
Panera Bread $PNRA Trading Near $169.29 Resistance Level ( http://t.co/jxk3XIZlgT )
Davon Billups
26 Nov 14 12:11:12
$MCRS Seeking the next stock like $BRCM $PNRA $QLYS #liquidity http://t.co/CIxt0KSiah
Natashia Cabrera
26 Nov 14 12:10:46
$PNRA Do you think you should hold $TXT $DV $YOD #financialnews http://t.co/HdjJH0LgzE
Demarcus Batson
26 Nov 14 12:04:55
$DLR #Stocks to hold onto $JDSU $PNRA $CSIQ #money http://t.co/c5OfxbH1KY
Penny Stock Secret
26 Nov 14 12:00:19
$71,000 in ONE TRADE!! By Follwing Their Signals More Info Here http://t.co/8BoYC1bsiz .. $PNRA $BXS $CFR
Jaylon Cleary
26 Nov 14 11:30:18
Todays movers to research $TCB $PNRA $ARG $CADX #NASDAQ http://t.co/MvDUN270DB
Frank Tribble
26 Nov 14 11:09:50
Regretting your investment in $TCO $PNRA $FII $FEYE #Research http://t.co/OZCRXBWeRd
Bret Kenwell
26 Nov 14 11:00:37
Boston Market CEO Says Business Is Booming -- Not Just on Thanksgiving http://t.co/dNjUrW8OPw via @TheStreet $MCD $JACK $PNRA $CMG
Martin Johnson
26 Nov 14 10:15:06
$PNRA Is it breakout time on $AGNC $KSU $GOOG #personalfinance http://t.co/3P09hIY0uT
Irma Doucet
26 Nov 14 10:01:11
$PNRA Top Franchises: Investing in Panera Bread Co. http://t.co/YEGkL5uwbx
Carrie Nixon
26 Nov 14 09:25:47
Great #Stock Newsletter you must have $MPC $PNRA $EXR $DF #Research http://t.co/rME2dvtszb
Melvina Stapleton
26 Nov 14 09:09:36
$PNRA Best research on #stocks such s $ECL $CNX $SLW #investing http://t.co/4f45gQ1sPe
Caron Putnam
26 Nov 14 09:02:32
$PNRA Some Stocks to Watch $LNT $LLTC $SLV #equity http://t.co/HPmi8CbBZH
Thad Bowens
26 Nov 14 08:55:24
$TMO #Pennystock Research on $TMUS $PNRA $GOOG #financial http://t.co/K3wzfXhom3
Dana Mcginnis
26 Nov 14 08:26:21
Todays movers to research $P $CI $PNRA $SSO Give it a try http://t.co/QED8yqSIJ1
Quantpost Service
26 Nov 14 08:10:12
$CMG News: "Why We're Defending Zoe's Kitchen $CMG $PNRA $FRGI $ZOES …" http://t.co/810usdfPfs Board view: https://t.co/gx2h9h6Hh4
Seeking Alpha
26 Nov 14 08:10:12
Why We're Defending Zoe's Kitchen http://t.co/7Dr8yP11Q6 $CMG $PNRA $FRGI $ZOES
Lu Askew
26 Nov 14 08:06:43
#Stocks you might want to hold onto $BRCM $PNRA $ETR $CADX View now http://t.co/fFkkriTdiz
  +Follow September 18, 2013 8:57AM



blog comments powered by Disqus

About us

Equities.com is the most advanced interactive online social ecosystem for the financial industry, serving as a resource center and next-generation communication platform that connects self-directed investors with public issuers, market experts, and professional service providers and vendors. Registered members can leverage our exclusive proprietary research tools such as the Small-Cap Stars, which outperformed 90% of all small-cap mutual funds, and robust do-it-yourself E.V.A. research reports. The Equities.com Issuer Dashboard is the ideal tool to communicate and manage investor awareness campaigns to the investment community, as well as to access valuable resources to help your company grow.

Market Data powered by QuoteMedia.
Copyright © QuoteMedia. Data delayed 15 minutes unless otherwise indicated. Terms of Use.