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After the acquisition Damola joined the board and became the company's Chief Strategy Officer. [19] In 2020, Damola became P. F. Chang’s first Black CEO at the age of 31. [20] [21] [22] During his tenure, the company launched P. F. Chang’s To Go, a concept that led to the growth of the brand’s delivery business. He also navigated the ...
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.
William Bristor Darden (November 17, 1918 – March 29, 1994), known as Bill, was an American businessman and the founder of the Red Lobster restaurant franchise. He is also the namesake of the multi-brand restaurant operator Darden Restaurants, which considers Darden to be its founder.
Golden Gate had paid $2.1 billion to buy Red Lobster in May 2014, so the real estate sale was crucial to the firm’s financing. ... The sale of the Red Lobster stores hurt the company several ...
Red Lobster also developed the first national seafood distribution system in the 1970s. ... named for Red Lobster founder Bill Darden. The company initially included the legacy Red Lobster chain ...
The company is selling itself to Fortress Investment Group, which recently loaned Red Lobster $100 million to keep the chain going. Fortress also owns Krystal, Logan's Roadhouse and J. Alexander's.
She is the former President of Red Lobster and Executive Vice President of Olive Garden American restaurant chains owned by parent company, Golden Gate Capital. Setta was named president in 2013, while Red Lobster was operated by Darden Restaurants, Inc. [ 1 ] [ 2 ] She served as the Executive Vice President of Marketing for Red Lobster from ...
General Mills acquired the restaurant two years later in 1970, before the company split into a restaurant-only firm called Darden Restaurants, which also owned Olive Garden, according to Red ...