
Red Lobster CEO Aims for Historic Comeback Post-Bankruptcy
Red Lobster, emerging from a 2024 bankruptcy fueled by an $11 million endless-shrimp promotion, is aiming for a significant turnaround under the leadership of 36-year-old CEO Damola Adamolekun. The 57-year-old seafood chain anticipates positive net income in fiscal 2026 and a 43% adjusted EBITDA increase from fiscal 2025 to 2027, signaling a potential market recovery.


















Discussion
Join the conversation
Be the first to comment