Published 14 days ago

Red Lobster is a mess. Here’s why the new 35-year-old CEO wanted the job anyway

Summary by KRDO

By Nathaniel Meyersohn, CNN New York (CNN) — TikToks of customers stuffing their faces with a $20 endless shrimp. More than 100 restaurant closures and thousands of layoffs. A revolving door of CEOs. Chapter 11 bankruptcy. Damola Adamolekun, the new chief executive of Red Lobster, is taking over a chain in turmoil. And he’s only 35. “There’s a hole to climb out of, for sure, and that will be the hardest part,” Adamolekun told CNN last Friday in …

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