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Before joining Red Lobster, he served as CEO of P.F. Chang’s from 2020 to 2023, leading the Asian-inspired food chain through the pandemic and revitalizing a once-struggling brand.
Red Lobster In 2024 the Orlando, Florida -based seafood chain slipped towards bankruptcy closing 93 locations and filing for Chapter 11 bankruptcy protection on May 20, 2024, with over $1 billion in debt.
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 Guam) and Canada, as well as in China, Ecuador, Japan, Malaysia, Mexico, Philippines, Turkey and the United Arab Emirates; as of June 23, 2020, the company had 719 locations worldwide.
Red Lobster’s new CEO Damola Adamolekun has big plans to turn around the restaurant chain. Red Lobster is a mess. Here’s why the new 35-year-old CEO wanted the job anyway
Berman says that the high volatility creates opportunities. For one, when a cash-rich restaurant bails on a retail location, it becomes available as a turnkey space, complete with HVAC, grease ...
Kelli Valade (born October 11, 1969) is an American businesswoman who was formerly the chief executive officer of Red Lobster. Previously, she was the CEO and president of Black Box Intelligence (formerly TDn2K). [1] She is the former brand president of Chili's Grill & Bar and former executive vice president at Brinker International. [2]
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