Red Lobster may have found its match in Damola Adamolekun.
The US seafood restaurant giant has had a handful of CEOs since Kim Lopdrup retired in 2021 after serving a total of 14 years at the helm of the brand. Now, with the company exiting bankruptcy and Adamolekun officially in the CEO seat, the chain is entering a new era.
"Today is my first official day as CEO of Red Lobster. I've been a fan since my first Red Lobster meal as a nine-year-old growing up in Springfield, Illinois, so this is an especially proud moment," Adamolekun shared on LinkedIn. "With 30,000 passionate team members, millions of fans across the US and Canada, deeply committed and experienced backers, and more than 55 years of iconic history, I know we have what we need to restore Red Lobster's status as an admired American restaurant. Let's do this."
Adamolekun's daily routine, which was highlighted by Fortune in 2023 when he was serving as CEO of P.F. Chang's, is being revisited as seafood fans look to see who is leading Red Lobster out of the red and into the future [...]
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