Scandic Launches New Loyalty Program
📢 Fortress Investment Group appoints Damola Adamolekun, former P.F. Chang's CEO, to lead Red Lobster upon bankruptcy court approval. A new entity, RL Investor Holdings LLC, created by Fortress alongside TCW Private Credit and Blue Torch, aims to acquire Red Lobster Management LLC. Red Lobster, operating independently with 544 locations across 44 U.S. states and four Canadian provinces, anticipates revitalization under Adamolekun's leadership. Adamolekun has a notable finance and strategy background with awards for his leadership and has been recognized by top financial and industry publications.
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