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Meet Damola Adamolekun: The First Black CEO Of P.F. Chang’s - Politics - Nairaland

Nairaland ForumNairaland GeneralPoliticsMeet Damola Adamolekun: The First Black CEO Of P.F. Chang’s (702 Views)

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Meet Damola Adamolekun: The First Black CEO Of P.F. Chang’s by YorubaIsGreat(op): 2:32pm On May 07, 2022
Meet Damola Adamolekun, the CEO of P.F. Chang’s China Bistro, a popular Asian casual-dining restaurant chain based in the U.S. Since 2020, he has been leading the company to ensure its continued growth and success.
Damola, who is now 33-years old, has been essential in the evolution of P.F. Chang’s, one of the largest and most famous restaurant chains across the globe. Even though the brand is still strong, he believed that it is necessary to embrace change to adapt to the uncertain future.
As P.F. Chang’s CEO, Damola worked on revamping the dining rooms and revising the menu items. He also initiated the inclusion of delivery and to-go orders which was viewed as unfitting to the brand before. Now the chain operates a number of small fast-casual-type of locations around the country.
True enough, the business survived even when the pandemic hit. What’s more, he led the company to a 31.7% increase in sales in 2021 compared to the year before, according to Top 500 chain data from Restaurant Business sister firm, Technomic.
Moreover, Damola is a partner at Paulson & Co., which became one of the principal owners of P.F. Chang’s which was bought for $700 million in 2019.
He was also on the board of directors at the International Tower Hill Mines LLC. Adamolekun earned his bachelor’s degree in Economics from Brown University and his Master of Business Administration from Harvard Business School.
https://finance.yahoo.com/news/33-old-making-history-first-140452557.html
mynd44
lalasticlala

Re: Meet Damola Adamolekun: The First Black CEO Of P.F. Chang’s by LusciousLouis: 2:33pm On May 07, 2022
Congratulations to Mr Damola Adamolekun.
To God be the glory smiley
Re: Meet Damola Adamolekun: The First Black CEO Of P.F. Chang’s by Yankee101:
Nice move

But not a fan of private equity buying up stuff just for profitability at the expense of workers, CSR, going green and sustainability
Re: Meet Damola Adamolekun: The First Black CEO Of P.F. Chang’s by amuwo1980: 6:42am On May 12, 2022
He done well, kindly remove that Japanese sake from ur menus , waste of bloody taste buds
Re: Meet Damola Adamolekun: The First Black CEO Of P.F. Chang’s by AlphaTaikun: 5:43pm On May 17, 2022
YorubaIsGreat:
Meet Damola Adamolekun, the CEO of P.F. Chang’s China Bistro, a popular Asian casual-dining restaurant chain based in the U.S. Since 2020, he has been leading the company to ensure its continued growth and success.
Damola, who is now 33-years old, has been essential in the evolution of P.F. Chang’s, one of the largest and most famous restaurant chains across the globe. Even though the brand is still strong, he believed that it is necessary to embrace change to adapt to the uncertain future.
As P.F. Chang’s CEO, Damola worked on revamping the dining rooms and revising the menu items. He also initiated the inclusion of delivery and to-go orders which was viewed as unfitting to the brand before. Now the chain operates a number of small fast-casual-type of locations around the country.
True enough, the business survived even when the pandemic hit. What’s more, he led the company to a 31.7% increase in sales in 2021 compared to the year before, according to Top 500 chain data from Restaurant Business sister firm, Technomic.
Moreover, Damola is a partner at Paulson & Co., which became one of the principal owners of P.F. Chang’s which was bought for $700 million in 2019.
He was also on the board of directors at the International Tower Hill Mines LLC. Adamolekun earned his bachelor’s degree in Economics from Brown University and his Master of Business Administration from Harvard Business School.
https://finance.yahoo.com/news/33-old-making-history-first-140452557.html
That's awesome.
1 Reply

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