Michigan Red Lobster Restaurants May Not Be Doomed After All
If you’re a fan of cheddar Bay biscuits, all-you-can-eat shrimp, and lobster fest, there may be some good news for you. Red lobster may not be doomed after all. Back in May Red Lobster filed for voluntary Chapter 11 bankruptcy and it seemed like the franchise would be doomed.
As someone who worked at the Rochester Hills Red Lobster for eight years, I find it sad to think that a place that held so many memories may eventually close. But now the former CEO of P.F. Chang’s Damola Adamolekun, will be running the seafood chain and become the CEO of RL Investor.
Get our free mobile app
Fox Business highlighted Adamolekun’s past history running restaurants and his experience in the industry:
Prior to joining P.F. Chang's, Adamolekun worked in the Investment Banking Division of Goldman Sachs and as a private equity associate at TPG Capital, and he has served on the board of P.F. Chang’s, Inday, the National Restaurant Association and International Tower Hill Mines.
Adamolekun expressed his excitement for this new leadership role in a statement:
Red Lobster is an iconic brand with a tremendous future. I’m looking forward to working with our team members across North America to reinvigorate the brand by making it the best place to work for our employees and improving the experience for our guests. Red Lobster’s future is brighter now than ever before – I cannot wait to get started on our investment plan, and to get out and meet diners across the USA and Canada.
I'm excited to see if this Grill Master messiah can save the restaurant chain and deliver us from scampi.