Who is the new ceo of red lobster

Red Lobster has named Kelli Valade as CEO to succeed Kim Lopdrup, who plans to retire, the company said Thursday.

The Orlando, Fla.-based casual-dining company said Valade, who had served as president and CEO of Dallas-based Black Box Intelligence since 2019, will assume the post Aug. 2.

The company last week announced Lopdrup’s retirement after 14 years with the brand.

"When I announced my plan to retire, I promised our people we would recruit an outstanding new CEO to lead Red Lobster to even greater success over the next generation, and I absolutely believe Kelli is that person," Lopdrup said in statement. "Her experience and deep industry insights coupled with her integrity and commitment to fostering a purpose-driven culture are the perfect fit as we begin this new chapter.”

Who is the new ceo of red lobster
Prior to joining Black Box, Valade worked 22 years at Brinker International Inc., leaving the company as brand president for Chili's Grill & Bar.

While at Brinker, Valade held leadership positions that included chief operating officer and senior vice president of human resources.

Rittirong Boonmechote, Red Lobster chairman, said, "We are delighted to welcome Kelli as Red Lobster's next CEO. She has proven that she can lead large casual-dining companies very successfully, and she brings all the key skills that we were hoping to find.”

Valade started her restaurant career at the age of 16, when she landed her first restaurant job as a hostess.

"I love the restaurant industry because it's about so much more than great food – it's about the great people who are truly heroes on the frontlines of the restaurants delivering a great experience to guests every day," Valade said. "Red Lobster has incredible people and an amazing culture in place, along with a solid business model and a strong foundation as an iconic and differentiated brand.”

Valade serves on the boards of the National Restaurant Association Education Foundation and Seasoned as well as on the executive committee of the board of the Women's Foodservice Forum.

Valade has been named to the Nation’s Restaurant News’ annual Power List several times.

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April 5, 2022 at 5:20 p.m. UTC

ORLANDO, Fla. — Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.

Red Lobster’s new CEO Kelli Valade just announced her resignation effective April 15 -- less than a year on the job.

The reason for her departure was not given.

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The Orlando-headquartered seafood restaurant chain will begin a search immediately for a successor, it said in a news release.

Valade joined Red Lobster in August 2021, replacing Kim Lopdrup, who led the iconic restaurant brand for 14 years and through three turnarounds.

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Click here to read the full story on the Orlando Business Journal’s website.

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Kelli Valade will be boss of world’s largest seafood restaurant chain. She will succeed Kim Lopdrup, who plans to retire.

Red Lobster writes that it has appointed Kelli Valade as its new CEO.

Valade was president of the restaurant analytics and insights products company Black Box Intelligence. Prior to that, Valade spent over 22 years at Brinker International, including most recently serving as brand president for Chili’s Grill & Bar.

While at Brinker, she previously held leadership positions including COO and senior vice president of human resources.

“When I announced my plan to retire, I promised our people we would recruit an outstanding new CEO to lead Red Lobster to even greater success over the next generation, and I absolutely believe Kelli is that person,” said Red Lobster longtime boss Kim Lopdrup in a press release on Friday. Lopdrup announced his retirement on Friday.

Who is the new ceo of red lobster
Kim Lopdrup. PHOTO: Red Lobster

He had been the CEO of the seafood chain since its spinoff from Darden Restaurants in 2014.

“Her experience and deep industry insights coupled with her integrity and commitment to fostering a purpose-driven culture are the perfect fit as we begin this new chapter. I have never been more excited about Red Lobster’s future,” added Lopdrup.

Red Lobster chairman and Thai Union president global frozen and related units Rittirong Boonmechote said he is “delighted to welcome Kelli as Red Lobster’s next CEO”.

“She has proven that she can lead large casual dining companies very successfully, and she brings all the key skills that we were hoping to find. She is the ideal leader to help fulfill our vision of making Red Lobster ‘Where the world goes for seafood, now and for generations,” said Boonmechote.

Thai Union’s involvement in Red Lobster began with a USD 575 million strategic investment in 2016.

In 2020, San Francisco-based private equity firm Golden Gate Capital, which has owned Red Lobster since 2014, sold its remaining stake in the seafood restaurant to Seafood Alliance, a consortium comprised of existing Red Lobster investors from Thai Union Group.

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Red Lobster is actively searching for its next CEO, according to a 25 June announcement.

Kim Lopdrup, the current CEO of the Thai Union Group-owned seafood restaurant chain, plans to retire once “a highly-qualified successor is in place,” the company said in a press release ...

Photo courtesy of Red Lobster

ORLANDO, Fla., April 4, 2022 /PRNewswire/ -- Red Lobster® CEO Kelli Valade has announced her resignation as Chief Executive Officer, effective April 15. Red Lobster will immediately begin a search for a successor who can lead the company in achieving its vision of being "Where the world goes for seafood, now and for generations."

Valade joined Red Lobster in August 2021. Under her leadership, she has created a new strategic framework and go-forward plan with a focus on the core guest and the need for value, as well as  built out the executive team, adding the newly-created roles of Chief Marketing Officer and Chief Information Officer and recruiting a new Chief Financial Officer.

"Red Lobster is a beloved, iconic brand with a loyal guest following and incredibly smart and talented employees," said Valade. "My job as the brand's leader has been to inspire and develop our people, while also leveraging the brand's strengths and finding ways to build on them for even greater success. We've accomplished a lot in a short period of time, including building a great leadership team that alongside the board will carry the business forward to achieve our vision. I have truly loved my time here at Red Lobster. This was an incredibly difficult, but necessary, decision."

"On behalf of the Board, we thank Kelli for her service and accomplishments during her tenure as CEO, including navigating through the most recent wave of the COVID-19 pandemic. She has helped us assemble a talented and highly capable leadership team to lead us forward. We wish Kelli the very best in the future," said Rittirong Boonmechote, Chairman of the Red Lobster Board of Directors.

Following Valade's departure, Red Lobster's executive team will work closely with the Board of Directors to continue to drive the brand forward and ensure business continuity during the search for a permanent replacement. Paul Kenny, who is a member of Red Lobster's Board, will serve as the liaison between Red Lobster's leadership and the Board during this time of transition.

About Red Lobster Seafood Co.
Red Lobster is the world's largest and most-loved seafood restaurant company, headquartered in Orlando, Fla. With a proud heritage and an even brighter future, Red Lobster is focused on serving the highest quality, freshly prepared seafood that is traceable, sustainable and responsibly-sourced. To learn more about Red Lobster's sourcing standards and where the seafood we serve comes from, please visit www.redlobster.com/seafoodwithstandards. Red Lobster is also proud to be an employer of choice, including in 2022, for the second consecutive year, being named to Forbes magazine's list of America's Best Large Employers. To learn more about Red Lobster, including locations and menu options, please visit http://www.redlobster.com or find us on Facebook, Twitter, Instagram or TikTok.

Contact: Nicole Bott, [email protected]

SOURCE Red Lobster Seafood Co.

Who is the new ceo of red lobster