The restaurant chain Red Lobster announced Monday the company exited Chapter 11 bankruptcy and has a new chief executive ...

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

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

Fortress Investment Group announced Damola Adamolekun as the new CEO of Red Lobster restaurant chain. Fortress-through a new ...

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

Red Lobster is betting on a new 35-year-old CEO to turn around its ailing business.

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 ...

Red Lobster announced this week that it will emerge from bankruptcy after receiving court approval for its Chapter 11 plan.

The deal is done. After 1,173 Chapter 11 bankruptcy pleadings and orders filed by the involved parties — a substantial docket ...

Red Lobster is looking to rebound with a new CEO, after a year that saw a Chapter 11 bankruptcy filing and the closing of more than 100 locations. But before the chain's new CEO, Damola Adamolekun, ...