Abstrakt: |
Subway CEO John Chidsey is retiring at the end of 2024, after leading the company since 2019 and overseeing its sale to Roark Capital for over $9 billion. Carrie Walsh, currently Subway's president of Europe, Middle East, and Africa, will serve as interim CEO while a permanent successor is sought. The restaurant industry has seen many CEO changes this year due to challenges like decreased consumer spending, with Subway recently ending a promotional deal that did not meet profit expectations. Chidsey focused on menu changes and store improvements during his tenure, with a particular emphasis on international growth. [Extracted from the article] |