News

A revolving door of CEOs. Chapter 11 bankruptcy. Damola Adamolekun, the new chief executive of Red Lobster, is taking over a chain in turmoil. And he’s only 35. “There’s a hole to climb out ...
Red Lobster CEO Damola Adamolekun came from a private ... at hedge fund Paulson & Co., which now operates as a family office. In 2019, Paulson purchased Asian-inspired restaurant chain P.F ...
Red Lobster is charting a course for recovery under the leadership of its new millennial CEO. Damola Adamolekun, 36, was appointed CEO of Red Lobster in August, becoming the company's sixth and ...
Fortress Investment Group LLC acquired Red Lobster as it exited bankruptcy, and appointed Damola Adamolekun chief executive officer. The new CEO recently shared his lifetime affinity for the ...
Red Lobster’s new CEO Damola Adamolekun admitted that its $20 endless shrimp offering — which contributed to the restaurant filing for bankruptcy — stressed out employees and created “a ...
Red Lobster has announced the appointment of Nigerian executive Damola Adamolekun as the new Chief Executive Officer of RL Investor Holdings. Black Business reports that Adamolekun,35 ...