William Carl was one of the founders of the Golden Corral restaurant chain. After graduating from BGSU, he moved to Florida to work for Burroughs Corp., where he met North Carolina native James Maynard. The two opened a family steakhouse in Fayetteville in 1972 called Golden Steer, later renamed Golden Corral. The company operates and franchises about 470 family dining restaurants throughout the United States. Prior to his death, Carl had been president of Multifoods Corporation and co-founder and director of Investors Management Corporation/Golden Corral Family Restaurants.