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The Latest Breaking News from Damola Adamolekun

Red Lobster brings back shrimp deal - but with one key difference

IN FULL

The Independent UK

Red Lobster introduces new shrimp deal a year after bankruptcy caused by disastrous bottomless offer

The fast food chain closed 129 locations after filing for bankruptcy last year

The Independent UK

How Red Lobster’s CEO weighs the risks and rewards of a turnaround role

Red Lobster chief Damola Adamolekun explains the career calculus behind saying yes to leading companies in crisis.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Red Lobster’s CEO isn’t repeating the $11 million endless shrimp disaster

"We don’t have any plans to bring it back,” Red Lobster CEO Damola Adamolekun told Good Morning America.

Fortune

Red Lobster’s new CEO brought seafood chain back from brink of bankruptcy. He did it by reading customers’ comments

Red Lobster is back from the brink of bankruptcy with its Crabfest menu, including popular seafood boils

The Independent UK

Red Lobster Brings Back Crabfest with 10 New Dishes in Post-Bankruptcy Comeback Plan

After filing for bankruptcy, Red Lobster brought back its popular Crabfest. Can this help it bounce back?

International Business Times UK

Red Lobster's 36-year-old CEO started as a Goldman Sachs intern. He reveals 3 ways he’s cooking up a comeback for the seafood chain after bankruptcy

Damola Adamolekun reveals his blueprint for garlic-butter crab and good music in Red Lobster’s second wave.

Fortune

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Red Lobster's 36-year-old CEO started as a Goldman Sachs intern. He reveals 3 ways he’s cooking up a comeback for the seafood chain after bankruptcy

Damola Adamolekun reveals his blueprint for garlic-butter crab and good music in Red Lobster’s second wave.

Fortune

Red Lobster's millennial CEO practices emotional control so his team never sees him sweat

Red Lobster's millennial CEO Damola Adamolekun said practicing emotional control results in a more positive work environment for his team.

Fortune

Red Lobster’s 35-year-old CEO announces new menu items and return of favorites in bid for millennial resurgence

Familiar favorites hush puppies and popcorn shrimp are also making a comeback to the menu

The Independent UK

Red Lobster’s CEO has a new favorite dish at the chain he’s trying to revive

Damola Adamolekun also wants to improve the layout and overall appearance of the menu itself to help customers find the best deals.

Fortune

Red Lobster is making its comeback

The seafood chain is introducing seven new items to its menu and bringing back two fan-favorite dishes

Salon

Red Lobster's New CEO Mocks Old Bosses Going Bankrupt Over Endless Shrimp Deal: 'I Know How to Do Math'

Red Lobster's new CEO recently mocked past leadership for financial missteps like the disastrous endless shrimp deal.

International Business Times

Red Lobster CEO says endless shrimp is never coming back: ‘I know how to do math’

CEO Damola Adamolekun won’t bring back the $20 endless shrimp deal that led Red Lobster to file for bankruptcy

The Independent UK

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news in one place.

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Fortune

Red Lobster CEO says endless shrimp is never coming back because 'I know how to do math'

Instead, Damola Adamolekun is going back to what made the company successful in the first place.

Fortune

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

The seafood chain appointed a new chief marketing officer and chief financial officer.

The Independent UK

Red Lobster’s new CEO breaks silence over the downfall of the endless shrimp

All-you-can-eat offer blamed for crisis that saw the chain closing more than 100 restaurants

Fortune

Red Lobster's new 35-year-old CEO says endless shrimp promotion stressed out workers

The all-you-can-eat promotion also caused financial carnage.

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news in one place.

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Fortune

Red Lobster’s new CEO said the seafood chain’s endless shrimp offering caused an all-you-can-eat chaos

Damola Adamolekun says the company’s endless shrimp offering hurt “one of the most important companies in American history.”

International Business Times

Red Lobster Exits Chapter 11 Bankruptcy Protection

The seafood chain emerges with a new CEO and new ownership.

The Independent UK

Fans rejoice as Red Lobster exits bankruptcy with new owners

The seafood chain announced it was filing for bankrupcy in May

Fortune

Red Lobster’s 35-year-old CEO wakes up at 4 a.m.

Damola Adamolekun previously served as the CEO of P.F. Chang’s before accepting the top job at Red Lobster.

Salon

Red Lobster's future is looking up

Red Lobster will also see new leadership changes once its forthcoming acquisition is complete

Fortune

Red Lobster CEO secretly visited restaurants around the country before being made boss

Damola Adamolekun sampled crab legs and lobster tail in a food tour starting in May and ending in August when he was hired.

The Independent UK

Red Lobster says it will soon exit bankruptcy protection after judge approves seafood chain's sale

After months of dozens of restaurant closings and headlines about “endless shrimp” woes, Red Lobster is poised to soon exit from Chapter 11 bankruptcy protection

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