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New Red Lobster CEO has done the math: no more endless shrimpThe decision, made by former Red Lobster CEO Paul Kenny, cost $11 million and saddled the company "with burdensome supply obligations" subsequent CEO Jonathan Tibus said in a May bankruptcy filing.
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'I know how to do math': New Red Lobster CEO says endless shrimp deal is not coming backThe decision, made by former Red Lobster CEO Paul Kenny, cost $11 million and saddled the company "with burdensome supply obligations" subsequent CEO Jonathan Tibus said in a May bankruptcy filing.
He said Red Lobster executives objected to then-CEO Paul Kenny's May 2023 plan to add $20 unlimited shrimp to the menu permanently. But Kenny forged ahead, a decision that cost Red Lobster $11 ...
Paul Kenny, former CEO of Asia’s Minor Food, had been described as a “liaison” between Red Lobster’s leadership and the board after Valade’s departure. Also on Thursday, Kenny was named ...
That improvement followed Thai Union reporting a “share of profit from operations” for Red Lobster in the first quarter of this year. Paul Kenny, former CEO of Asia’s Minor Food, had been ...
Red Lobster’s new CEO said customer feedback has improved significantly since the restaurant chain emerged from bankruptcy ...
Red Lobster’s new CEO Damola Adamolekun ... for bankruptcy protection in May 2024. Then-CEO Jonathan Tibus blamed a previous CEO, Paul Kenny, for making the endless shrimp promotion permanent ...
and it involves former Red Lobster CEO Paul Kenny adding unlimited endless shrimp as a permanent $20 item to the menu "despite significant pushback from other members of the company's management ...
The new CEO at seafood chain Red Lobster said ... Alvarez & Marsal's North America division, called out Red Lobster's former boss Paul Kenny for marketing and operational "missteps." ...
At the time, former CEO Jonathan Tibus was ... endless shrimp special from the Red Lobster menu. According to Tibus’s court filing, his predecessor Paul Kenny had cost the company $11m when ...
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