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  2. Damola Adamolekun - Wikipedia

    en.wikipedia.org/wiki/Damola_Adamolekun

    Red Lobster. In 2024 the Orlando, Florida-based seafood chain Red Lobster slipped towards bankruptcy closing 93 locations and filing for Chapter 11 bankruptcy protection on May 20, 2024, with over $1 billion in debt.

  3. Red Lobster’s millennial CEO practices emotional control so ...

    www.aol.com/finance/red-lobster-millennial-ceo...

    Red Lobster CEO Damola Adamolekun took on the top job at the age of 35. He says the best way to manage his own stress and ensure his team has a healthy work environment is to practice emotional ...

  4. Red Lobster - Wikipedia

    en.wikipedia.org/wiki/Red_Lobster

    Red Lobster Hospitality, LLC is an American casual dining restaurant chain headquartered in Orlando, Florida.The company has operations across most of the United States (including Puerto Rico), and Canada, as well as in Ecuador, Japan, Mexico, and Thailand.

  5. Red Lobster taps longtime executive for long vacant CEO post

    www.aol.com/red-lobster-taps-longtime-executive...

    After nearly a year and a half without a CEO, Orlando-based Red Lobster has gone with an internal hire for its top executive. Horace Dawson, the seafood restaurant chain’s executive vice ...

  6. Red Lobster seeks a buyer as it looks to avoid bankruptcy filing

    www.aol.com/news/red-lobster-seeks-buyer-looks...

    Beleaguered seafood chain Red Lobster is seeking a buyer as it looks to avoid filing for bankruptcy, CNBC has learned. ... Kelli Valade took the top job in 2021, but left a year later to become ...

  7. How Red Lobster’s misguided endless shrimp promotion ... - AOL

    www.aol.com/red-lobster-misguided-endless-shrimp...

    Thai Union saw an opportunity to grow its business and also become a bigger supplier to Red Lobster. It also tested squeezing Red Lobster’s waitstaff to the breaking point to save on labor costs ...

  8. It wasn't the endless shrimp that doomed Red Lobster. How ...

    www.aol.com/news/private-equity-rolled-red...

    When a private-equity firm bought Red Lobster in 2014, it sold the land under the restaurants for $1.5 billion. ... Hurst said he was offered a job at another Red Lobster location but it requires ...

  9. Red Lobster closings: These are the locations it wants to ...

    www.aol.com/red-lobster-closings-locations-wants...

    Red Lobster said that it had more than $1 billion in debt and less than $30 million in cash on hand. It plans to sell its business to its lenders, and in turn, it will receive financing to stay ...

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