Here's what to know about Red Lobster's exit from bankruptcy and the new owners of the seafood restaurant chain.

The Red Lobster® restaurant chain today announces its exit from Chapter 11 restructuring and the completion of its ...

Red Lobster emerges from Chapter 11 with Damola Adamolekun as CEO and $60 million in funding to enhance dining experiences.

One of the world’s most famous seafood restaurants was able to ‘claw’ out of its financial problems. Red Lobster is out of ...

Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection.

Red Lobster officially came out of the bankruptcy process on Monday, with the new CEO Damola Adamolekun calling it the "start ...

The 35-year-old holds a Bachelor in Economics and Political Science from Brown University and a Master of Business Administration from Harvard Business School. In a 2023 interview with Fortune, ...

"Red Lobster is now a stronger, more resilient company, and today is the start of a new chapter in our history," said Damola Adamolekun, CEO of Red Lobster. "From the opening of our first ...

Damola Adamolekun now heads up the chain, and its parent company has committed to investing $60 million in improvements ...

Nigerian-American Damola Adamolekun was recently appointed as Red Lobster’s new CEO to guide the company through its ...