<P> In 1980, the company hired its 10,000 th employee, doubling its employee count in just three years . In 1981, with 300 restaurants in operation, Carl Karcher Enterprises became a publicly held company . In 1984, Carl's Jr. was franchised for the first time . Carl's Jr.'s menu expanded during the decade with the addition of the Western Bacon Cheeseburger, breakfast items, a charbroiled chicken sandwich line and self - service soda fountains . By the end of the decade, sales topped $480 million at 534 restaurants . The company also opened its first international units in the Pacific Rim . In addition, Carl's Jr. was one of the first chains to introduce a debit card payment system, inviting customers to use their ATM cards in the restaurants . </P> <P> In 1988, Karcher and his family were accused of insider trading by the Securities and Exchange Commission . They had sold large quantities of stock before the price dropped . Karcher agreed to a settlement with the SEC and paid more than half a million dollars in fines . </P> <P> Carl's Jr. chains had struggled to gain success in Arizona and Texas, perhaps diminishing hopes of expansion to other states, though later states like Nevada, Oregon and Washington proved successful . During the 1990s, Karcher and the board of directors began clashing, often publicly, over marketing and business practices, including the chain's attempt at dual branding with such chains as The Green Burrito and its new advertising campaigns . Karcher was removed as chairman of the company by its board of directors on October 1, 1993 . Soon after, the board of directors took a new approach by cutting the menu, lowering prices, and introducing a new marketing campaign which targeted younger urban and suburban males . </P> <P> Following Don Karcher's death in 1992, a new management team was installed in 1994, headed by CEO William P. Foley II and President and Chief Operating Officer Tom Thompson . Carl Karcher Enterprises became a wholly owned subsidiary of CKE Restaurants Holdings, Inc . </P>

Who was the president of the jack-in-the-box burger chain before he started his own company