The recent firing of McDonald’s CEO Steve Easterbrook has shed light on a quiet shakeup in management at the country’s largest restaurant chains.
In this week’s edition of the Restaurant Business podcast "A Deeper Dive," Editor-at-Large Peter Romeo and Executive Editor Jonathan Maze discuss why so many chief executives have either been fired or retired.
Once Yum Brands CEO Greg Creed hands the baton to David Gibbs at the end of this year, that will mean 11 of the 15 largest restaurant chains will be operating under different CEOs. They’ve all left for different reasons—some good, others not so much.
That doesn’t include the CEOs of chains such as Red Robin, which Denny Marie Post left earlier this year, and Bloomin’ Brands, where Liz Smith ceded the role to Dave Deno.
How will these changes affect the restaurants? And why are so many leaving? Listen to this week’s podcast to find out.