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March 21, 2021, 5:30 p.m. EDT

Texas Roadhouse CEO dies from suicide after COVID-19 struggle

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By Associated Press

LOUISVILLE, Ky. — Kent Taylor, founder and CEO of the Texas Roadhouse restaurant chain, has died. He was 65. His family and the company say he took his own life after suffering from symptoms related to COVID-19, including severe tinnitus.

Taylor’s family and the company on Sunday confirmed his death in a statement.

Tinnitus is a common condition involving ringing or or other noises in one or both ears. Experts say the coronavirus can exacerbate tinnitus problems.

“Kent battled and fought hard like the former track champion that he was, but the suffering that greatly intensified in recent days became unbearable,” the statement said.

Taylor recent committed to funding a clinical study to help military members suffering with tinnitus, the statement said.

“Kent leaves an unmatched legacy as a people-first leader, which is why he often said that Texas Roadhouse was a people company that just happened to serve steaks,” the statement said.

Taylor opened the first Texas Roadhouse /zigman2/quotes/207361729/composite TXRH -6.55% restaurant in 1993 in Clarksville, Indiana, coming up with the idea on a cocktail napkin. It currently operates 610 restaurants in 49 states and 10 other countries. Texas Roadhouse is based in Taylor’s hometown of Louisville, Kentucky.

“Kent’s kind and generous spirit was his constant driving force whether it was quietly helping a friend or building one of America’s great companies in @texasroadhouse,” Louisville Mayor Greg Fischer said on Twitter. “He was a maverick entrepreneur who embodied the values of never giving up and putting others first.”

Taylor, who died Thursday, is survived by his parents, Powell and Marilyn Taylor; three children and five grandchildren. Texas Roadhouse spokesman Travis Doster said a small private service is planned this week.

/zigman2/quotes/207361729/composite
US : U.S.: Nasdaq
$ 92.17
-6.46 -6.55%
Volume: 2.50M
July 30, 2021 4:00p
P/E Ratio
81.70
Dividend Yield
0.00%
Market Cap
$6.43 billion
Rev. per Employee
$38,931
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