Red Lobster floundered this past year, making headlines after filing for bankruptcy and blaming it at least partly on an ill-conceived endless shrimp deal. It happens to the best of us. Naturally, the fast-casual seafood chain was in the market for a new CEO.
Damola Adamolekun, 35, was tapped for the difficult job of turning Red Lobster around. Adamolekun, formerly the CEO of Asian-fusion chain P.F. Chang's, already has some time under his belt as an executive wunderkind. He certainly didn’t get to where he is now by pretending to be chill, as he told Fortune in 2023. His career mentality is all about one thing.
