Red Lobster's 37-year-old CEO betting on nostalgia, AI to fuel chain's comeback after bankruptcy

Red Lobster closed dozens of locations nationwide in May 2024 before filing for Chapter 11 bankruptcy. Now, the seafood chain's 37-year-old chief executive officer says he's planning "the greatest comeback in the history of the restaurant industry." Damola Adamolekun, former CEO of P.F. Chang's, became Red Lobster's new CEO in September 2024. Before that, he worked with Fortress Investment Group as it prepared to acquire the Florida-based restaurant chain. Prior to filing for bankruptcy, Red Lob