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

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

Four months after its Chapter 11 filing, restaurant chain Red Lobster says it has exited bankruptcy led by new management.

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

Red Lobster CEO Damola Adamolekun said Fortress Investment Group's acquisition begins a new chapter for the brand, which ...

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

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

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

Red Lobster has officially emerged from bankruptcy.

The new CEO is Damola Adamolekun, former chief executive of P.F. Chang's. He was previously appointed to head RL Investor ...

Red Lobster's new CEO detailed what he learned while dining at the struggling restaurant before taking over as leader.