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Sydney Lake

Red Lobster is on a hiring spree to replace its C-suite in the aftermath of the endless shrimp debacle

Red Lobster Damola Adamolekun CNN

Red Lobster CEO sitting in restaurant (Credit: Courtesy of Red Lobster)

One of America’s favorite casual dining chains has had a rocky few months—and they’re blaming it on shrimp.

In May, Red Lobster filed for bankruptcy after more than 50 locations closed amid massive losses from its too-popular Endless Shrimp promotion. Then in August, the seafood chain reeled in a new CEO: Damola Adamolekun, the 35-year-old former P.F. Chang’s chief executive.

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