Page 1 of 1

Red Lobster CEO Resigns After 8 Months

Posted: April 10th, 2022, 9:26 pm
by Alpha8472
This could indicate trouble at Red Lobster. The chain seems to be doing decent business. There are still many locations still open.

Re: Red Lobster CEO Resigns After 8 Months

Posted: April 10th, 2022, 10:03 pm
by storewanderer
Alpha8472 wrote: April 10th, 2022, 9:26 pm This could indicate trouble at Red Lobster. The chain seems to be doing decent business. There are still many locations still open.
The previous CEO was there for a long time. Maybe it just didn't work out. Red Lobster despite being the subject of many jokes seems like it has survived much better than I would have expected it to survive after Darden spun it off.

Re: Red Lobster CEO Resigns After 8 Months

Posted: April 11th, 2022, 6:30 am
by jamcool
The last time I ate at Red Lobster was a mediocre experience…overcooked fish, lukewarm sides.

Re: Red Lobster CEO Resigns After 8 Months

Posted: April 12th, 2022, 6:34 am
by Knight
storewanderer wrote: April 10th, 2022, 10:03 pm
Alpha8472 wrote: April 10th, 2022, 9:26 pm This could indicate trouble at Red Lobster. The chain seems to be doing decent business. There are still many locations still open.
The previous CEO was there for a long time. Maybe it just didn't work out. Red Lobster despite being the subject of many jokes seems like it has survived much better than I would have expected it to survive after Darden spun it off.
Red Lobster remains a successful operating entity. Darden was sad to divest Red Lobster, but it needed funds to invest in improving Olive Garden and Longhorn Steakhouse.