management

Leadership

Starbucks' North America CEO is retiring

Michael Conway, who was promoted to the position at the coffee shop giant only last March, plans to retire from the company at the end of November. The company is also planning to hire a chief brand officer.

Leadership

Whataburger enters a new era

Ed Nelson guided the venerable Texas-based burger chain through its transition to new ownership and the pandemic. He now prepares to hand over control to Debbie Stroud.

The coffee shop chain’s new CEO, on his second day in the job, is promising improvements to operations and marketing. “We’re getting back to Starbucks.”

The Bottom Line: Red Lobster and Topgolf were both acquired by companies outside the restaurant industry. Those companies have learned just how competitive the business is.

Nearly a quarter of public restaurant companies have hired new chief executives this year amid weak sales and stock price performance.

Several restaurant companies removed chief executives so far in 2024. Some of them more than once. Here’s a look at them.

Reality Check: New employer rules invariably bring an avalanche of record-keeping obligations to a field that's no stranger to laying a paper trail.

The activist investor wants five of the 10 seats on the family-dining operator's board, including one for himself, the company said. With one ally already seated, Biglari could control a majority of votes.

Legislation that already has nearly enough supporters to pass would essentially require the staffs of third-party managers to be employed wholly or jointly by the host hotel. But that's only a small part of the warranted changes.

Explore the latest insights into consumer spending and value decisions amidst ongoing inflation. Learn how rising food-away-from-home (FAFH) costs impact behaviors and discover strategies for targeting key demographics and addressing operator challenges in our current economic environment.

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