Guest Column: Explaining CEOs’ Short Shelf Life in 2024
The pressure is on restaurant chain CEOs to deliver fast in 2024. Private equity is largely to blame, according to one industry leader.
The pressure is on restaurant chain CEOs to deliver fast in 2024. Private equity is largely to blame, according to one industry leader.
“Remember that running a food and beverage business can sometimes be akin to ‘buying yourself a job;’ it may not always guarantee immediate or substantial returns on investment.”
While leadership changes are nothing new for restaurant chains, CEOs have been resigning in spades over the past two months, including departures from prominent brands like Starbucks, Dominos, Denny’s, Red Lobster, and Wingstop. What’s behind …