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Red Lobster Exits Bankruptcy, Names Adamolekun CEO

Sept. 16, 2024, 4:58 PM UTC
Cameron Baker
Cameron Baker

Seafood chain Red Lobster said it exited Chapter 11 restructuring after competing its acquisition by Fortress Investment-backed RL Investor Holdings.

  • Named Damola Adamolekun CEO
  • RL Holdings is also affiliated with TCW Private Credit and Blue Torch
  • NOTE: Red Lobster Cleared to Exit Bankruptcy Under New Owner Fortress

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To contact the reporter on this story:
Cameron Baker in Boston at cbaker225@bloomberg.net

To contact the editor responsible for this story:
Zachary Fleming at zfleming2@bloomberg.net

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