For the first time in its history, Red's Savoy Pizza is out of the hands of the Schoenheider family.
The pizza chain founded by the late Earl "Red" Schoenheider has been sold to company president Reed Daniels, who has been with the firm since 2012.
The Schoenheider family, who assumed control of the firm after Red's death in 2018, had been looking for a new owner, and agreed to a "mutually amicable" transaction with Daniels.
"Reed started with Red’s Savoy as a marketing consultant and gradually climbed the ranks of the company because of his business smarts and passion for the brand," said Rory Schoenheider in a statement sent to BMTN.
"We could not think of a better person to carry on the legacy our father started in 1965."
Red's Savoy has 17 operational locations in the Twin Cities metro, with its 18th – in western St. Paul – set to open soon.
It lays claim to being the creator of the Minnesota pizza – which it calls "Sota-style" – with its thin-crust, square-cut, cheese and toppings laden pies with a spicy, "passive-aggressive" pizza sauce.
"I am incredibly grateful to the Schoenheider family for this opportunity," said Daniels. "As we continue to grow and evolve as a company, the one thing that will never change is the promise I made to Red before he passed away: We will not mess with his pizza recipe!"