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Panera Bread CEO Lives Off of $4.50 a Day

  +Follow September 18, 2013 8:57AM
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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.

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Results for PNRA
MB North
28 Apr 15 03:03:21
RT @SeekingAlpha: 3 Trends To Watch In Buffalo Wild Wings' Upcoming Earnings http://t.co/jkSrHSFt5z $EAT $PNRA $BWLD
Stock Market Basics
28 Apr 15 02:56:42
RT @10Xtrading: Shake Shack $SHAK Delicious Food, Poor Stock Purchase For Now http://t.co/jY9x8EL8vX $CMG $PNRA
Stock Market Basics
28 Apr 15 02:56:25
RT @10Xtrading: Take Profits In Panera Bread Ahead Of First Quarter Earnings http://t.co/DZ8HdQPSDJ $PNRA $CMG
OptMapp
28 Apr 15 01:58:18
Potential option plays today: $TWTR / $GPRO / $BWLD / $PNRA (report earnings after the close today), $MA & $GRMN (before the open tomorrow)
Quantpost Cnsmr Good
28 Apr 15 01:57:12
$PEP News: "Chipotle Axes GMO Ingredients From Its Menu $CMG $MCD $DNKN $PEP $PNRA" http://t.co/aA0Pj805XU Analyze: https://t.co/nOi4GQ9jEn
Quick Stock Ideas
28 Apr 15 01:57:11
Chipotle Axes GMO Ingredients From Its Menu http://t.co/rmzb9IR5CL $CMG $MCD $DNKN $PEP $PNRA
Seeking Alpha
28 Apr 15 01:57:10
Chipotle Axes GMO Ingredients From Its Menu http://t.co/Ex54AA2hCl $CMG $MCD $DNKN $PEP $PNRA
Invest-Smart
28 Apr 15 01:43:30
Interesting US earnings today: $AGCO, $AKAM, $BSX, $BMY, $BWLD, $CRUS, $ESRX, $F, $IPGP, $JBLU, $KRFT, $LXK, $MHFI, $NOV, $PNRA, $PFE, $TWTR
Terence Tsao
28 Apr 15 00:54:05
@Option_Coach $PNRA earning is today, do you plan to closing this spread before? or just riding it out?
Seeking Alpha
28 Apr 15 00:27:15
3 Trends To Watch In Buffalo Wild Wings' Upcoming Earnings http://t.co/jkSrHSFt5z $EAT $PNRA $BWLD
Clark Joseph Kent
27 Apr 15 23:13:30
Earnings after Tuesday’s close $MTSI $MWA $NANO $NATI $NCR $NVDQ $OHI $OI $OTEX $PEI $PNRA $RNG $RPXC $RRC $RSYS $SKT $SLCA $SWI $TAHO $TE
Trader sajjan
27 Apr 15 22:38:33
RT @PipsToDollars: EARNINGS: M: $AAPL $RCII $SOHU T: $BWLD* $PNRA* $KRFT $GPRO $TWTR W: $BIDU* $MAR $NXPI TH: $EXPE* $XOM $LNKD ** F: $C…
Cutlass
27 Apr 15 22:07:55
RT @MsPutOptions: $PNRA check out the chart http://t.co/Fn3jNIea6W
msputoptions
27 Apr 15 22:00:07
$PNRA check out the chart http://t.co/Fn3jNIea6W
Letsinvestnow
27 Apr 15 20:59:58
RT @SprinkleBit: #Earnings tomorrow: http://t.co/yoCe7bxHqU $GPRO $UPS $SIRI $PFE $JBLU $PNRA $F $FLWS $TWTR $BWLD $GNW, $AET, $ALLY, $KRFT…
Biswamohan Mishra
27 Apr 15 20:09:26
RT @sssvenky: Earnings Calendar for April 28th - $TWTR $F $UPS $BWLD $PNRA $COH $WYNN $WHR $LOGM $UTHR $BMY $X #bellwethers http://t.co/Fy1…
10X Trading
27 Apr 15 20:06:19
Shake Shack $SHAK Delicious Food, Poor Stock Purchase For Now http://t.co/jY9x8EL8vX $CMG $PNRA
10X Trading
27 Apr 15 19:48:57
Take Profits In Panera Bread Ahead Of First Quarter Earnings http://t.co/DZ8HdQPSDJ $PNRA $CMG
Venky Srinivasan
27 Apr 15 18:25:10
Earnings Calendar for April 28th - $TWTR $F $UPS $BWLD $PNRA $COH $WYNN $WHR $LOGM $UTHR $BMY $X #bellwethers http://t.co/Fy1fLFMHSq
carlos acosta
27 Apr 15 18:06:30
RT @daytradingninja: Notable Earnings 2015.04.28 $PFE $MRK $BMY $UPS $ESRX $F $KRFT $AET $ECL $TWTR $VLO $BSX $SIRI $COH $WYN $JBLU $X $…
Time=Best Stock
27 Apr 15 17:04:53
RT @daytradingninja: Notable Earnings 2015.04.28 $PFE $MRK $BMY $UPS $ESRX $F $KRFT $AET $ECL $TWTR $VLO $BSX $SIRI $COH $WYN $JBLU $X $…
DayTrading Ninja
27 Apr 15 17:04:25
Notable Earnings 2015.04.28 $PFE $MRK $BMY $UPS $ESRX $F $KRFT $AET $ECL $TWTR $VLO $BSX $SIRI $COH $WYN $JBLU $X $BWLD $GPRO $BP $PNRA
kenr0966
27 Apr 15 16:50:34
RT @PipsToDollars: That sandwich @panerabread is so haole @VictorTellegio . Hahaha $PNRA earnings tomorrow. http://t.co/oyMv7ATtwE
kenr0966
27 Apr 15 16:50:21
RT @PipsToDollars: And. $pnra has new broth bowls #udon http://t.co/XVTuZL8jCE
kenr0966
27 Apr 15 16:50:14
RT @VeeDub78: @PipsToDollars I'm going back to the states this week for a short visit. Can't wait to go to $BWLD, $CMG, $PNRA, etc....
Richard Saintvilus
27 Apr 15 16:23:12
Take Profits In Panera Bread Ahead Of First Quarter Earnings | Seeking Alpha http://t.co/gd7K8dfiXY via @salphatrending $PNRA $CMG
dailystockplays.com
27 Apr 15 15:59:39
52 Week High http://t.co/eFVO6oad1n $AMG $CACC $IVV $SPY $VOO $PNRA $JAZZ $HUM $ROP $FLT $QLD $PANW $SNA $ASR $IYC $MNST $UPRO $SIAL
StockNewsWires
27 Apr 15 15:40:04
$CMG $PNRA: Take Profits In Panera Bread Ahead Of First Quarter Earnings: http://t.co/qtJFGThuUi
Long & Short Ideas
27 Apr 15 15:33:05
Take Profits In Panera Bread Ahead Of First Quarter Earnings http://t.co/79ED7La1Hy $CMG $PNRA
Seeking Alpha
27 Apr 15 15:33:05
Take Profits In Panera Bread Ahead Of First Quarter Earnings http://t.co/71guwTDqCh $CMG $PNRA
StockenheimerSchmidt
27 Apr 15 15:26:42
Platinum Members Saw Our Stock Alerts Gain Over 3100% In 6 Months! Subscribe Here: http://t.co/KjFX626Ops $PNRA $BXS $CFR
Penny Stockington
27 Apr 15 15:14:28
Our Winning Penny Stock Picks Gained Over 3115% In The Past 6 Months! Huge News: http://t.co/Lau579PuCR $PNRA $BXS $CFR
MANDRADE™
27 Apr 15 15:11:57
RT @PipsToDollars: $DPZ and $DKNN and $CAKE and $SBUX earnings numbers were amazing last week, I wonder if $PNRA and $BWLD will follow the …
Time=Best Stock
27 Apr 15 14:57:07
RT @PipsToDollars: And. $pnra has new broth bowls #udon http://t.co/XVTuZL8jCE
Time=Best Stock
27 Apr 15 14:56:33
RT @PipsToDollars: That sandwich @panerabread is so haole @VictorTellegio . Hahaha $PNRA earnings tomorrow. http://t.co/oyMv7ATtwE
Leilani Pips™
27 Apr 15 14:51:41
RT @VeeDub78: @PipsToDollars I'm going back to the states this week for a short visit. Can't wait to go to $BWLD, $CMG, $PNRA, etc....
Ross
27 Apr 15 14:51:30
@PipsToDollars I'm going back to the states this week for a short visit. Can't wait to go to $BWLD, $CMG, $PNRA, etc....
Leilani Pips™
27 Apr 15 14:50:29
And. $pnra has new broth bowls #udon http://t.co/XVTuZL8jCE
Leilani Pips™
27 Apr 15 14:45:49
That sandwich @panerabread is so haole @VictorTellegio . Hahaha $PNRA earnings tomorrow. http://t.co/oyMv7ATtwE
SprinkleBit
27 Apr 15 14:45:11
#Earnings tomorrow: http://t.co/yoCe7bxHqU $GPRO $UPS $SIRI $PFE $JBLU $PNRA $F $FLWS $TWTR $BWLD $GNW, $AET, $ALLY, $KRFT $WHR
Follow The Money
27 Apr 15 14:14:32
Tomorrow's Earnings (C-S) $COH $GLW $CRY $CMI $BOOM $ECL $ESRX $F $IDXX $IIVI $INAP $JBLU $KRFT $MSTR $NANO $PNRA $PFE $SIRI $STMP $SVU
Jason Olive
27 Apr 15 13:57:25
RT @SeekingAlpha: Shake Shack (SHAK): Delicious Food, Poor Stock Purchase (For Now) http://t.co/2kINZ7NJSX $CMG $PNRA $SHAK
five-alive
27 Apr 15 13:53:15
RT @SeekingAlpha: Shake Shack (SHAK): Delicious Food, Poor Stock Purchase (For Now) http://t.co/2kINZ7NJSX $CMG $PNRA $SHAK
StockNewsWires
27 Apr 15 13:53:02
$PNRA $CMG: Shake Shack (SHAK): Delicious Food, Poor Stock Purchase (For Now): http://t.co/Hu43xvVmEy
Quick Stock Ideas
27 Apr 15 13:44:42
Shake Shack (SHAK): Delicious Food, Poor Stock Purchase (For Now) http://t.co/xGQ7BESfav $CMG $PNRA $SHAK
Seeking Alpha
27 Apr 15 13:44:42
Shake Shack (SHAK): Delicious Food, Poor Stock Purchase (For Now) http://t.co/2kINZ7NJSX $CMG $PNRA $SHAK
neoken
27 Apr 15 12:57:21
RT @WrigleyTom: $AAPL $CUDA $COH $AKAM $BWLD $GPRO $PNRA $TWTR $LL $GRUB $BIDU $NXPI $YELP $TASR $VA $EXPE $FEYE $FSLR $HABT $LNKD http:/…
killagroove
27 Apr 15 12:34:43
Becasue i'm a WUS i dropped my $PNRA short to 10% of original postion #SmallLosersFTW
Cutlass
27 Apr 15 12:32:05
RT @MsPutOptions: I mentioned this target for $PNRA now watch the gap up to 184.99, still got a ways to go. http://t.co/fg8GbkXWGh
Cutlass
27 Apr 15 12:31:53
RT @MsPutOptions: What the heck is $PNRA doing? WOW
				
				
  +Follow September 18, 2013 8:57AM
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