Red Lobster officially came out of the bankruptcy process on Monday, with the new CEO Damola Adamolekun calling it the "start ...
The Red Lobster® restaurant chain today announces its exit from Chapter 11 restructuring and the completion of its ...
Red Lobster is betting on a new 35-year-old CEO to turn around its ailing business.
Red Lobster CEO Damola Adamolekun said Fortress Investment Group's acquisition begins a new chapter for the brand, which ...
Damola Adamolekun now heads up the chain, and its parent company has committed to investing $60 million in improvements ...
The deal is done. After 1,173 Chapter 11 bankruptcy pleadings and orders filed by the involved parties — a substantial docket ...
Nigerian-American Damola Adamolekun was recently appointed as Red Lobster’s new CEO to guide the company through its ...
Red Lobster has officially emerged from bankruptcy.
Red Lobster's new CEO detailed what he learned while dining at the struggling restaurant before taking over as leader.
But before the chain's new CEO, Damola Adamolekun, agreed to take his role with Red Lobster's acquisition by the private equity firm Fortress Investment Group LLC, Adamolekun said he frequented ...