Tom Baldwin named CEO of Benihana

benihana exterior

Former Morton’s chief Tom Baldwin has been tapped for the CEO and president posts at Benihana Inc., parent of the Benihana, RA Sushi and Haru Japanese chains.

Baldwin is associated with the private-equity firm Angelo, Gordon & Co., Benihana’s principal stakeholder. He has served on the company’s board for four years.

He has also been a director of Zoe’s, Bravo Brio and Firebirds.

Baldwin succeeds Steve Shlemon, the former Carabba’s executive who was named to the CEO post in early 2014.

Most of Baldwin’s long career in the restaurant business was spent at the Morton’s steakhouse chain, where he led the operation through two initial public offerings.

Benihana is separate from Benihana of Tokyo, the firm that holds rights to the name outside of the United States. Angelo, Gordon & Co. is attempting to combine the two, but Benihana of Tokyo is trying to block the merger. It has also filed a $9 million lawsuit alleging a licensing contract violation by the American chain.

Members help make our journalism possible. Become a Restaurant Business member today and unlock exclusive benefits, including unlimited access to all of our content. Sign up here.

Multimedia

Exclusive Content

Financing

Despite their complaints, customers keep flocking to Chipotle

The Bottom Line: The chain continued to be a juggernaut last quarter, with strong sales and traffic growth, despite frequent social media complaints about shrinkflation or other challenges.

Operations

Hitting resistance elsewhere, ghost kitchens and virtual concepts find a happy home in family dining

Reality Check: Old-guard chains are finding the alternative operations to be persistently effective side hustles.

Financing

The Tijuana Flats bankruptcy highlights the dangers of menu miscues

The Bottom Line: The fast-casual chain’s problems following new menu debuts in 2021 and 2022 show that adding new items isn’t always the right idea.

Trending

More from our partners