Red Lobster’s new CEO explains what went wrong with endless shrimp

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CNN

CNN

Күн бұрын

Пікірлер: 6 900
@KingKongLaQuiesha
@KingKongLaQuiesha 27 күн бұрын
It's insane that i know this guy from high school and have partied with him in the past (I grew up in Springfield). Haven't seen him since college and now I'm seeing him as a millionaire ceo of 2 major restaurant chains on CNN. Nothing but respect for this man!
@JerryNeusbaum
@JerryNeusbaum 24 күн бұрын
I hope he brings pet casserole to RL...how delicious would that be!...yum!
@SanityPotion776
@SanityPotion776 23 күн бұрын
@@deesmith8576cringe.
@Shadow-rt3fx
@Shadow-rt3fx 22 күн бұрын
@@deesmith8576you see a successful, well spoken black man and immediately assume DEI… your racism is showing
@dirgeofthedawn
@dirgeofthedawn 22 күн бұрын
@@deesmith8576 PROFOUNDLY untrue. Ivy League graduate from Brown with an MBA from Harvard, president of Brown's Investment Club, cut his teeth working Wall Street at Goldman , TPG, and Paulson, and after all of that, took on executive leadership of P.F. Chang's and helped generate the 1 BILLION they needed to get out of debt and begin once again making a profit. Even if you refuse to believe that he earned his academic success, you cannot deny that spearheading a failing organization into net positive through the pandemic (when businesses were failing left and right) merits tremendous respect, and is evidence of his aptitude and ability for leadership. Red Lobster is literally bringing him in because he is a chain restaurant "rain man" when it comes to organizational overhaul.
@nonsoottih7405
@nonsoottih7405 22 күн бұрын
@@deesmith8576 how are you so sure he is DEI? the mere fact that you are so "sure" he is DEI exposes the deep prejudice you have for people of his skin color
@LargoAnimations
@LargoAnimations Ай бұрын
So relieving to hear a CEO talk about how a product not only is expensive, but also strains the staff too and how burning out your employees can end up being a more costly decision than the endless shrimp itself
@TheMissingDislikeButton
@TheMissingDislikeButton Ай бұрын
Should have just set a time limit just like any other all you can eat places
@AdrianGK47
@AdrianGK47 Ай бұрын
Nah it's not endless at that point and causes confusion, it's better to just end it and sell shrimp normally at decent prices ​@@TheMissingDislikeButton
@maciv33
@maciv33 Ай бұрын
​@@AdrianGK47 We have all you can places in Japan, but they have a time limit. If you pass that time limit there is a separate charge. Usually for 2 hours at a cheap place it's like $20 per person. More expensive spots with fresh higher quality food can exceed $100 per person. They could do the same at Red Lobster, but it's all all about filling ceos and shareholders pockets, so they will raise prices, but employee payouts will stay the same.
@DaxterKing
@DaxterKing Ай бұрын
@@maciv33 Difference in culture, americans would throw fits
@NoreagaMan
@NoreagaMan Ай бұрын
Don't let these "charming" seeming CEOs fool you. At the end of the day their number one goal is higher profits. He said it himself that the first thing he thought was it being an expensive product to be giving out endlessly. While it is true that stressing the employees out is a problem, it was the last of the problems in order of importance regarding that. Who knows though I could be wrong, but American greed always comes over everything in this countries large companies.
@KRUU2TIMES
@KRUU2TIMES 17 күн бұрын
Man got 2 franchises under his belt before 40
@jordanedwards9681
@jordanedwards9681 7 күн бұрын
Real
@mwhite7712
@mwhite7712 12 күн бұрын
I worked for Red Lobster when I was younger for about 7 years in total. Out of ALL the jobs I have worked in my life, NOTHING was more stressful than Endless Shrimp. There is NO work stress I have ever felt that has come close, and I've worked in the malls on Black Friday, I've worked at Apple on product release date, and I currently manage a department of about 25-30 individuals. Not going to lie though, Red Lobster definitely helped prepare me to get me to where I am today in the workforce. This guy is young, but he could be onto something.
@Czh5544
@Czh5544 11 күн бұрын
I worked there is college. I no call no showed and never went back one cold November during endless shrimp. My mental health was obliterated.
@kommisar.
@kommisar. 8 күн бұрын
I can only imagine the demanding (blank) holes that complain if you "take too long" to get their next round of shrimp and never tip properly no matter what.
@cassandres4965
@cassandres4965 6 күн бұрын
Wow thanks for sharing
@suwako2976
@suwako2976 Ай бұрын
35 years old? That's pretty impressive
@WilliamLi-nd4lz
@WilliamLi-nd4lz Ай бұрын
@Jeff-m9o2e Did you even watch the video? He was just appointed CEO, he has a fantastic track record.
@WilliamLi-nd4lz
@WilliamLi-nd4lz Ай бұрын
@Jeff-m9o2e Damola Adamolekun is one of the most successful young executives on the block. He initially led PF Chang, achieivng over 1 billion dollars in revenue for the chain. He was a fantastic investment banker who formerly worked at goldman sachs. Red Lobster went bankrupt months Damola was appointed, he was appointed to rescue the company out of bankrupty. Are you just down right illiterate or plainly ignorant?
@jimhawkins6480
@jimhawkins6480 Ай бұрын
@Jeff-m9o2e Tell us you have no idea what you're talking about with as few words as possible.
@NeygarzruinedAmerica
@NeygarzruinedAmerica Ай бұрын
DEI makes anything possible
@dr.migueltorrezedd8651
@dr.migueltorrezedd8651 Ай бұрын
@Jeff-m9o2e you clearly can't read and didn't watch the video or are a troll.
Ай бұрын
He seems like a good CEO. Too bad he wasn't in place earlier. Sounds like he understands actual restaurant operations which most CEOs do not. Best of luck to him.
@JStorm13
@JStorm13 Ай бұрын
Seems like a CEO who would get his hands dirty with the average worker
@malcolmkeith816
@malcolmkeith816 Ай бұрын
As he stated... He was a waiter... So he's worked his way up through all channels... So he knows the business from the bottom
@RexRext
@RexRext Ай бұрын
​@@JStorm13something uv done before
@gregorywilliams8263
@gregorywilliams8263 Ай бұрын
He a Harvard Business School graduate!!
@JasonSmith-Ssj9
@JasonSmith-Ssj9 Ай бұрын
​@@JStorm13 yeah we get it like how did this well educated black get to be an CEO there I said it for you hater 😂
@chaws314
@chaws314 Ай бұрын
As long as the cheddar bay biscuits don't go away, I am happy :)
@reddit-it3414
@reddit-it3414 Ай бұрын
If they mess with that recipe I’ll be on their helmet
@jonnyfendi2003
@jonnyfendi2003 Ай бұрын
They already took the free side salad away with every entree after covid and raised prices. They will probably give you one biscuit soon
@mysterion5136
@mysterion5136 Ай бұрын
​@@jonnyfendi2003That was before this new guy
@jonnyfendi2003
@jonnyfendi2003 Ай бұрын
What difference does it make if it were before this guy. They still dont offer the free side salad with entree anymore right now.
@BakiSmaki27
@BakiSmaki27 Ай бұрын
That's the one untouchable menu item.
@Isaiahduplaix88
@Isaiahduplaix88 8 күн бұрын
His mind is sharp. I enjoy listening to him speak. I'm rooting for him. Seems to be a high character man. It's refreshing
@Mango_Cutie
@Mango_Cutie Ай бұрын
I wish this new young CEO all the best! You got this!
@clubpenguinbeer
@clubpenguinbeer Ай бұрын
I don't
@ghostwalker89
@ghostwalker89 Ай бұрын
​@clubpenguinbeer oh yeah, we know why 😂
@clubpenguinbeer
@clubpenguinbeer Ай бұрын
@@ghostwalker89 so you know I'm not American and that red lobster's success or failure will never impact me?
@darkskinapostle2001
@darkskinapostle2001 Ай бұрын
⁠@@clubpenguinbeer even if it doesn’t impact you .. why would you say I DONT .. and wish down on someones Goals? Thats like me saying since i dont know you penguinbeer i hope you NEVER achieve your dreams in life & be forever miserable 😂 I mean …Since i don’t know you personally and your life has no impact on me😊 I hope You see the error in your logic
@ghostwalker89
@ghostwalker89 Ай бұрын
@@clubpenguinbeer yeah, so i know why you don't wish him the best 😂
@sheniemoore4603
@sheniemoore4603 Ай бұрын
35 years old and has been a CEO multiple times. I know he is brilliant.
@LilT2o00
@LilT2o00 Ай бұрын
gotta ask why he didnt last longer than 5 years at changs
@amy.a518
@amy.a518 Ай бұрын
@@LilT2o00better pay?
@starkicker5623
@starkicker5623 Ай бұрын
nah he seems like a snake
@DaVonteLee_
@DaVonteLee_ Ай бұрын
Fast food companies poach executives and swap executives all the time
@1aml3g3nd13
@1aml3g3nd13 Ай бұрын
@@LilT2o00because they got sold in 2019 and like all corporate doings, I’m sure he left when the new guys wanted to bring in their own guy.
@BruceMichaelFilms
@BruceMichaelFilms Ай бұрын
Bro used his CNN interview as an advertisement for the food itself. Brilliant.
@oSerpicox
@oSerpicox Ай бұрын
lol no shit
@Bromhausen
@Bromhausen Ай бұрын
Who said it wasn't an advertisement?
@dominicdudebromtl9380
@dominicdudebromtl9380 Ай бұрын
@@Bromhausen Bruce is a moron lol don't mind him...
@override367
@override367 Ай бұрын
Red Lobster was puurchased by venture capitalists who forced it to switch to using their suppliers, and transferred the land each location is on to a real estate company they own, and then raised rent on it. It has nothing to do with shrimp, it's because the company is intended to die by its owners, and they will be the first to collect. The billions in debt they used to buy it, so they could make a few hundred mil bleeding it? It will just vanish when the company dies. It's a tale as old as however-long-its-been-since-America-was-at-all-regulated (so the 80s)
@jackpow2004
@jackpow2004 Ай бұрын
How would he avoid that? You want him to use code while discussing his company?
@The_Unborn_Soul
@The_Unborn_Soul 16 күн бұрын
i'm 35 and i've been managing in the Food & Beverage industry for 15 years. this is the first CEO i've seen where i actually believe in his philosophy and hope the best for Red Lobster. this guy gets it and seems to understand the struggles of everyday operations. that's what you need from a leader.
@barrelrolltoday6051
@barrelrolltoday6051 12 күн бұрын
Hard to find
@Black0bsidian
@Black0bsidian Ай бұрын
I like the way the CEO speaks. He’s confident, has a genuine positivity about his energy and I get a calmness and reassurance from his tone. I wish him the best of luck. I love Red Lobster and really hope they can get it back to the great quality they had back in the day.
@MangoTroubles-007
@MangoTroubles-007 Ай бұрын
It's slowly dying You can make your own seafood at home for half the price and its real ingredients too
@bigman94755
@bigman94755 Ай бұрын
​@@MangoTroubles-007 You can make almost any restaurant's food at home for cheaper.
@stephen_sezs
@stephen_sezs Ай бұрын
@@MangoTroubles-007god you’re boring
@GeneralKenobi69420
@GeneralKenobi69420 Ай бұрын
Tbh nothing he said stood out to me. What, a smaller menu is more practical and economical than a menu with 10 pages? Shocker. Fixing broken AC and renovations/rebrandings tend to attract more clients? Who would've thunked? More and more cheap people and Karens taking advantage of all-you-can-eat buffets? WHAT??? To me he just seems like an average guy who's good at interviews. Probably got where he is mostly due to his parents or some other family connections.
@T2uyu
@T2uyu Ай бұрын
imagine putting dots between ceo
@MustardSeagull
@MustardSeagull Ай бұрын
One of the first times Ive seen an CEO who seems truly intelligent both mentally and emotionally
@BNezzy
@BNezzy Ай бұрын
*shakes head* you cant be serious. I question your intelligence if this statement is actually true. You have no idea who this CEO is other than this 3 minute video lol. Have you dealt with CEOs like this before? Does anyone who uses big words and talks with confidence impress you that easily?
@mayadee729
@mayadee729 Ай бұрын
@@BNezzy you such a hater! 😂
@LouisianaInNOut
@LouisianaInNOut 29 күн бұрын
@@BNezzyI have an idea of why you don’t like him 😂 stop that hate man
@BNezzy
@BNezzy 29 күн бұрын
@@LouisianaInNOut I dislike CEOs like him. Plain and simple. I find their character deplorable. You can assume its jealousy like your sarcastic comment implies but it aint that.
@BNezzy
@BNezzy 29 күн бұрын
@@mayadee729 why? Could say the same thing about the types of people you dislike too. The fact you jumped to "hater" with no supporting argument says more about you.
@richiemochi
@richiemochi Ай бұрын
CEO who used to be a server is an ASSET to a company. He understands the business!
@imnotagamer22
@imnotagamer22 Ай бұрын
Yea cause someone who just quit McDonald’s will definitely be a ceo. 😂😂😂 Mfs believe anything. Ofc his worked in tht field before… yall are oblivious
@zx-rk5yu
@zx-rk5yu Ай бұрын
@@imnotagamer22 bro what lol
@Peeceee
@Peeceee Ай бұрын
@@imnotagamer22 thats why 90% of the population is poor lol. it only takes a 3min EDITED video to convince the mass
@vinny2555332
@vinny2555332 Ай бұрын
You have the mind of a gold fish
@zx-rk5yu
@zx-rk5yu Ай бұрын
@@vinny2555332 ?
@ckm8622
@ckm8622 17 күн бұрын
The difference between his 35 years and the 35 of the average 35er is the environment he grew up in, the parental guidance he had, the knowledge base he was given, and the mentorship he was blessed with. He took advantage of the world being at his fingertips and learned purpose at an early age.
@dustinmcmahon6594
@dustinmcmahon6594 15 күн бұрын
Bro he was in the right place at the right time and knew the right people. There are too many variables in play that got him to that position. I know plenty of hard working smart dedicated head strong committed individuals that still to this day have yet to catch a big break. This 35 yr old man is no different than the hundreds of thousands out there. Hes just next up. Thats all.
@ckm8622
@ckm8622 15 күн бұрын
@ you literally said the same thing I did, just different verbiage.
@dustinmcmahon6594
@dustinmcmahon6594 10 күн бұрын
@@ckm8622 Not really, being at the right place at the right time has nothing to do with your upbringing. I could go to the gas station, buy a scratch off, and be lucky one to win the million dollar prize. Perfect example of being at right place, at the right that.
@sirebellum0
@sirebellum0 Ай бұрын
There's a certain edge to him that makes me think he might be lowkey ruthless behind the scenes. Like he just might turn things around, but some people gonna crying too.
@lamarakaglmayo5090
@lamarakaglmayo5090 Ай бұрын
He has that puff daddy vibe
@Godzillaroll22-ry5iw
@Godzillaroll22-ry5iw Ай бұрын
More like Gus Fring from breaking bad
@carktheshark
@carktheshark Ай бұрын
The thumbnail they used made him look devious, whole reason I clicked lol
@markgoggin4776
@markgoggin4776 Ай бұрын
@@Godzillaroll22-ry5iwlol I was thinking this too 😂
@markees97
@markees97 Ай бұрын
Nah, he seems condescending the way he talks. Doesn’t mean he will be a better CEO for it. His analysis is correct though, but a fool would’ve been able to pick up what was wrong with red lobster
@laurendavis9777
@laurendavis9777 Ай бұрын
I never cared much for Red Lobster, but now I’m excited to see what he can do for the restaurant. Will check it out in a few years.
@NeygarzruinedAmerica
@NeygarzruinedAmerica Ай бұрын
Diversity hire never improved anything. Like when Yahoo made that woman CEO
@stephanea5364
@stephanea5364 Ай бұрын
excited lol
@jadew9177
@jadew9177 Ай бұрын
I don’t really eat seafood but all of a sudden I have a hankering
@scribe712
@scribe712 Ай бұрын
I have eaten there in years. Will be going back in a while too in order to see if it's changed since he took over.
@Topself24
@Topself24 Ай бұрын
I agree. Give it a few years to see what he does
@AET1689
@AET1689 Ай бұрын
I love the professionalism and clarity this CEO has & how impressive to be 35 and doing this! He seems involved and poised to lead! Love to see it !
@keith1854
@keith1854 Ай бұрын
He speaks well for a…
@antoniodalexander
@antoniodalexander Ай бұрын
​@@keith1854Sigh. Proof that cockroaches are hard to get rid of.
@CosmicFist
@CosmicFist Ай бұрын
@@keith1854 Come on go ahead don't be shy finish the sentence
@mielmonteir8495
@mielmonteir8495 Ай бұрын
@@keith1854 N
@plusmaster100
@plusmaster100 Ай бұрын
@@keith1854 Russian guy
@DragonHalo3D
@DragonHalo3D 19 күн бұрын
social media is such a crazy tool. Have the CEO come on a video and present himself as a sort of relatable everyman for a few minutes, now everyone thinks he's a great person. then, they associate that perception with the company. a team of 40+ people (probably even more) worked on just the script for a 3 minute video, getting the presentation just right. crazy world we live in if you know how to leverage it.
@mega_game_play
@mega_game_play 17 күн бұрын
Yep, scripted 💯
@trvptownes
@trvptownes 16 күн бұрын
@@mega_game_playyour white huh 😂😂😂
@shmevan1641
@shmevan1641 16 күн бұрын
Lmao yeah these people are lobotomites
@ollie7777
@ollie7777 16 күн бұрын
Yep, this could have quite easily been a hit piece about an 'underaged' CEO ruthlessly closing locations, changing menus and limiting high value items for patrons. Refreshing that it's not negative but still makes you wonder
@Hadrian_S
@Hadrian_S 15 күн бұрын
Yes dude you see through the façade. So do most of us. But instead of just looking at it as someone trying to con you into buying something or believing something try to see that the truth always lies somewhere in the middle. Red Lobster employs 30,000 people nationwide. These people have families. They have bills. This is for them too. This young dude got his life together early on and while this might be one sly PR stunt you can tell he’s passionate about his work and wants to genuinely succeed. It’s also rare that you find someone who used to be a server shoot up through the ranks to the top. Think if you were in his position. What would you do differently? Or would you just sit back and criticize? That’s why you’re probably not a CEO and commenting on KZbin just like me. We can tell you’re smart man. Don’t let that get to your head and play along once in awhile. Matter of fact go try Red Lobster!
@sirswayzee1220
@sirswayzee1220 Ай бұрын
I'm the reason 😅...i ate 135 shrimp one sitting.
@TheSouthIsHot
@TheSouthIsHot Ай бұрын
🤣
@pacmantravel2158
@pacmantravel2158 Ай бұрын
You axle!
@crystalclearwords
@crystalclearwords Ай бұрын
😭😂🤦🏾‍♀️
@kelseywillow8110
@kelseywillow8110 Ай бұрын
Your DNA results came back, man is 50% shrimp now
@trinjuwan4422
@trinjuwan4422 Ай бұрын
😂😂😂😂
@PixelVillain
@PixelVillain Ай бұрын
He speaks objectively about the business but respectfully about about the people. I respect that.
@lordhoweproductions3733
@lordhoweproductions3733 Ай бұрын
He forgot to mention caring about the customers, the most important aspect of a business. Taking away the one reason people went to his shitty restaurant is not gonna help the business, I promise
@sunrope77
@sunrope77 Ай бұрын
@@lordhoweproductions3733I thought people went for the biscuits not the shrimp. I agree the restaurant kinda sucks either way.
@lordhoweproductions3733
@lordhoweproductions3733 Ай бұрын
@@sunrope77 you can buy the biscuits at any grocery store and just make them at home. If you do it right they taste the same. I don’t have endless shrimp at home 😆
@beelmars5400
@beelmars5400 28 күн бұрын
@@lordhoweproductions3733 I agree with you that it is the most important aspect of the business. However, I think that it is SO important, that it shouldn't need to be mentioned. I can't understand businesses that have to say that they are "customer focused". Any employee of a company, from top to bottom, should keep that in mind, always. I think he has his work cut out for him. Why did we have to have an outsider explain that the unlimited shrimp was a bad idea?
@sunrope77
@sunrope77 27 күн бұрын
@@lordhoweproductions3733 fair enough😂
@LumpsIsHigh
@LumpsIsHigh Ай бұрын
It wasn’t endless shrimp. It was Private Equity. PE sold the land out from underneath the stores, rented it back to them at ridiculous prices, then the company went bankrupt. PE basically made the money back in the land and bankrupted the company, putting people out of work.
@SharonAvery-yj5pg
@SharonAvery-yj5pg Ай бұрын
This is true. Surprised they are sticking to the narrative that endless shrimp caused their financial woes.
@Starting_anew
@Starting_anew Ай бұрын
Thanks for sharing this. I guess if they raised the issue, it would seem anti business, but what you described is happening to often these days.
@jhnyflcn
@jhnyflcn Ай бұрын
Same thing happened to Sears.
@jreckless14
@jreckless14 Ай бұрын
@@SharonAvery-yj5pg lmao because it’s a good excuse for the general uneducated public as the reason why their favorite places go out of business all of a sudden.
@ResellerReview
@ResellerReview Ай бұрын
It was just a reference to that product, and it's something everyone identifies with as a consumer, your story doesn't get clicks , despite being reality.
@thecapone45
@thecapone45 20 күн бұрын
Wow. This man seems brilliant, humble, and has a quiet confidence about him. The fact that he started off talking not about Wall St. expectations, numbers, profits, but rather the staff and them being burned out was very telling. He’s worked in restaurants before and he knows what he’s doing. Very intelligent acting man.
@7415_Gamer
@7415_Gamer Ай бұрын
I wish this young man the best. I hope he makes Red Lobster better than before.
@ajohndaeal-asad6731
@ajohndaeal-asad6731 Ай бұрын
And he’s black which I love even more!
@ovuvuvwevweonyetenyevweugw3949
@ovuvuvwevweonyetenyevweugw3949 Ай бұрын
​@@ajohndaeal-asad6731so if he was wyte u not gonna love him even more?
@ajohndaeal-asad6731
@ajohndaeal-asad6731 Ай бұрын
@@ovuvuvwevweonyetenyevweugw3949 i mean we have enough white ceos already
@4220E
@4220E Ай бұрын
Nope! Why should he happy for a white man being a CEO it's enough of them already let him be proud of his fellow BLACK brother
@okene
@okene Ай бұрын
​@@ovuvuvwevweonyetenyevweugw3949you literally have a black name, that's my uncle's name🙄
@mwelb5251
@mwelb5251 Ай бұрын
It's nice to listen to someone who knows what he's doing. His experience as a server in a restaurant has been instrumental to where he is now
@lyssanch3096
@lyssanch3096 Ай бұрын
Have you ever heard of lying? 🤥🤡
@brandenlucero
@brandenlucero Ай бұрын
​@@lyssanch3096have you ever heard of not being an ass? Give the CEO a chance and stop discrediting people immediately.
@lyssanch3096
@lyssanch3096 Ай бұрын
@@brandenlucero these corporate types always lie about being in the bottom like their lowest paid employees
@DaddyDRock
@DaddyDRock Ай бұрын
Future good for America politicians. Accountability. The only thing that cures honesty. 😮
@jascaf1503
@jascaf1503 Ай бұрын
@@lyssanch3096 "food quality is good at red lobster always has been"; he is off to a good start. Deep frying frozen fish and seafood is no longer a recipe for success (har har).
@therealsyxx
@therealsyxx Ай бұрын
Very intelligent young man.
@thebeautifulgame64
@thebeautifulgame64 Ай бұрын
Nothing in this vid sounded intelligent lol just a bunch of meaningless chat
@nocar_mkemke4851
@nocar_mkemke4851 Ай бұрын
⁠@@thebeautifulgame64I’m sure you’re also the CEO of a billion dollar company…so your opinion really really matters. Thanks👍
@allytrudie864
@allytrudie864 Ай бұрын
Don’t have to go to Harvard business school to speak about the basics of business. Any degree from any university in business administration has you understand at the level he is speaking at. If you didn’t go to school but were an entrepreneur you figure all this out in real time with mistakes but you learn it that way too- real fast.
@abgs
@abgs Ай бұрын
Chill he was a cultural hire
@travisbromell3660
@travisbromell3660 Ай бұрын
@@thebeautifulgame64your name sound unintelligent bro
@clashon4life843
@clashon4life843 10 күн бұрын
This Young CEO Speaks Volumes On Who He Is! He Speaks On His Character And His Respect For The Business And The Stressful Daily Restaurant Operations That Can Have On Employees And The Long Wait Times For Customers! This A Man That’s Observant, Detailed And Proactive In His Role!!!
@missachol24
@missachol24 Ай бұрын
He sounds relatable and down to earth, which is unusual for CEO
@deesmith8576
@deesmith8576 25 күн бұрын
down to earth if you also went to every party get drunk and hit people in highschool. Look it up he was from Springfield
@Itshotaf
@Itshotaf Ай бұрын
I’ve heard of him in the industry, good guy. Hope all the best for people with integrity.
@slowfuse
@slowfuse 23 күн бұрын
He's an investment banker from Goldman Sachs
@nonsoottih7405
@nonsoottih7405 22 күн бұрын
@@slowfuse from Paulson and co, where he initiated the buyout of PF Changs
@braindeadhoovy2562
@braindeadhoovy2562 Ай бұрын
What a professional and polite gentleman
@DereksJosephs
@DereksJosephs 21 күн бұрын
I am currently in my 50s and This is no time to taper retirement savings. I want to max out my retirement contributions and I also have another $120k in a savings account that I want to invest in a non-retirement account. Where would you invest this as of now?
@amolejoshua7452
@amolejoshua7452 21 күн бұрын
Look up, dividend aristocrats. Pick six to ten from that list. Those companies have a track record of 25+ years of paying dividends. Also, you should work with a financial advisor to help set up a well-structured portfolio.
@JacobReynolds-t7v
@JacobReynolds-t7v 21 күн бұрын
@@amolejoshua7452 I agree. Based on personal experience working with a financial advisor, I currently have $800k in a well-diversified portfolìo that has experienced exponential growth from when I started. It's not only about having money to invest in stocks, but you also need to be knowledgeable, persistent, and have strong hands to back it up.
@DereksJosephs
@DereksJosephs 21 күн бұрын
@@JacobReynolds-t7v Your advisor must be really good. How I can get in touch? My retirement portfolio's decline is a concern, and I could use some guidance.
@JacobReynolds-t7v
@JacobReynolds-t7v 21 күн бұрын
@@DereksJosephs I'm cautious about giving specific recommendations as everyone's situation varies. Consider independent financial advisors like "MARGARET MOLLI ALVEY" I've worked with her for 4 years and highly recommend her. Check if she meets your criteria.
@DereksJosephs
@DereksJosephs 21 күн бұрын
@@JacobReynolds-t7v Thanks for sharing. I curiously searched for her full name and her website popped up immediately. I looked through her credentials and did my due diligence before contacting her.
@dondon747x
@dondon747x Ай бұрын
It called a corporate takeover. The assets are sold off and the company borrows money. Then the company pays huge money to their leaders. Then the leaders leave with a bonus check. Then the company hires a new CEO to deal with the company going bankrupt and failing. The is the new CEO or the fall guy.
@user-nl9me3er7w
@user-nl9me3er7w Ай бұрын
umm he is black...we are very use to being the fall guy for the white effing shh up
@djjeffro5081
@djjeffro5081 Ай бұрын
This!!!! You’re right, it happens all the time. Media will pick it up and blame it on the coupons (be bath and beyond), endless shrimp (red lobster), etc etc. However, most of the time it’s private equity that runs the places into the ground, wash, rinse, and repeat.
@nizzim1237
@nizzim1237 Ай бұрын
From what I remember they sold the land out from under them and leased it back at a much higher price. It’s def a corporate takeover. The endless shrimp is just the bullshit they sell to the public.
@jones5840
@jones5840 Ай бұрын
Upvote for awareness. That private equity firm/entity/whatever did this company dirty. This is why there are regulations in this country, and why we need more, because this shit will continue to happen.
@ryanrobinson5580
@ryanrobinson5580 Ай бұрын
This was a Hedge fund takeover... Sold the paid off land and leased it back. Now there is a huge expense that now takes all the money that once was used for employees, improvements, and essentially profit It took less than 5 years to completely destroy the company. But nice to see how they blame gluttons... it was the fat asses that made us go bk - complete bs.
@MewtwoShineX
@MewtwoShineX Ай бұрын
This is the kind of person you listen to and just immediately like.
@deesmith8576
@deesmith8576 25 күн бұрын
your going to like this to in highschool he would go to every party get blasted drunk and hit people. Hes from Springfield look it up went to high school with em
@adventsociety5382
@adventsociety5382 14 күн бұрын
not for me
@aliyumohammed9173
@aliyumohammed9173 Ай бұрын
Nigerian CEO at 35. Very smart man 🇳🇬 🇳🇬 🇳🇬
@zombiewombb
@zombiewombb Ай бұрын
What does race have to do with this
@jadew9177
@jadew9177 Ай бұрын
@@zombiewombb He is only stating facts! Race has something to do with it because you made it a point to comment about race specifically
@jimhawkins6480
@jimhawkins6480 Ай бұрын
@@jadew9177 Race has nothing to do with this. Actual Africans come here and thrive. The majority of native born African-Americans carry on the tradition of eternal umbrage which has netted us exactly next to nothing.
@dyfox3856
@dyfox3856 Ай бұрын
He was a ceo at 30
@jimhawkins6480
@jimhawkins6480 Ай бұрын
@@dyfox3856 That what winners look like.. He apparently did a good enough job at P.F. Chang's that Red Lobster felt he can get them on track. I wish him much success.
@mystijones692
@mystijones692 10 күн бұрын
I’m absolutely here for it! Growing up Red Lobster was my favorite restaurant and did not want it to close. I look forward to the amazing growth he is about to do for the chain.
@jefftaylor6479
@jefftaylor6479 Ай бұрын
Red Lobster's "Endless Shrimp" promotion happened for over 18 years without a problem. Private Equity did this, not the promotion. They sell off the land that the restaurants owned, and other assets, and then they rent the land back to the company at inflated rates. Why not tell the truth?? Oh... Private Equity is actually in charge here.
@divinecomedian2
@divinecomedian2 Ай бұрын
How do you know this?
@jarod1900
@jarod1900 Ай бұрын
Yep as someone who worked for them in various roles in years past. As much as this promo was not fun from an operational standpoint, it made money… until a particular PE firm came in and restructured things. There were even other things going on, such as affiliated supplier price gouging from Thai Union.
@Breggrouse
@Breggrouse Ай бұрын
Wow!
@codyestes6596
@codyestes6596 Ай бұрын
You’re right, but as someone who used to work there, it was an utterly chaotic promotion every year both for the value prop and the employees.
@Mr_Miles_45
@Mr_Miles_45 Ай бұрын
@@divinecomedian2it came out 7 days after the endless shrimp headlines, in the bankruptcy courts
@NitantGupta
@NitantGupta Ай бұрын
When he said, "Please, take the whole thing, I have had it plenty of times!" it reminded me of Gus Fring (Breaking Bad). And now I can't unsee it.
@heisenberg2966
@heisenberg2966 Ай бұрын
Now that you said that, I do get those “ Gus Fring Vibes ). But, don’t you worry, I have a remedy for that.
@FlyLikeDove
@FlyLikeDove Ай бұрын
Kind of yeah lol but all the good things 😊
@HiThisIsMine
@HiThisIsMine Ай бұрын
It just made me think he wasn’t down with sharing…
@samia6888
@samia6888 Ай бұрын
My entire KZbin is Breaking Bad/Better Call Saul/Gus Fring/Pollos Hermanos videos and I literally clicked on this to get a break yet I still couldn’t escape this comment 😂😂😂
@pb3583
@pb3583 Ай бұрын
@@HiThisIsMineyeah I mean it’s kind of weird to split a lobster tail with another man you’ve never met before in your life.
@MarquittaY
@MarquittaY Ай бұрын
He’s going to take this company to another level! Amen!!
@RoyRoyal-w4o
@RoyRoyal-w4o Күн бұрын
I'm glad they shutting down
@lexnolast1779
@lexnolast1779 Ай бұрын
It’s sad how so many people misinterpreted what he just said . what I heard spoke to the quality of the food. Stress on cooks , stress on service staff which can bring down the quality of service and food the customers get . They had a menu that was too large and endless shrimp which was chaos which reflected in the quality. To me that says he realized customers were not getting the best plates for the price. That’s why red lobster isn’t as popular as it was in the 90s and people aren’t lining up to eat there on a sat/sun for 40mins anymore. Obviously this man has a business mind and a clear understanding of how to take care of staff and customers . It’s about best value. Stop focusing on whether he came from the hood or not either way his journey to get to where he is was greater than yours
@Pinkcrck
@Pinkcrck Ай бұрын
💯
@lexnolast1779
@lexnolast1779 Ай бұрын
@@timguillory6339 okay but that doesn’t explain the quality of the food . The last time I went to their restaurant which was probably 12-13 years ago it sucked .. nothing like the red lobster I grew up with . The biscuits were dry, im not sure if they offered a 2nd basket.. nor did I want more . The shrimp was dry and overcooked the lobster was very small and overpriced. That’s when I knew red lobster was going downhill .what did that experience have to do with the land it sat on? Nothing. Most people don’t know nothing about that but they do remember the atmosphere looked run down and the food stopped being good so they stopped going and the business closed doors because the people stopped making reservations to eat there. Bad business is jus another thing but shitty food and service leads to no wait for a table and no tip
@lexnolast1779
@lexnolast1779 Ай бұрын
I remember going on dates and using red lobster as a place to impress. Jus saying oh we going to red lobster would put a smile on her face . Let her get the $30 plate .. now that place is embarrassing ,but I hope it makes a comeback cause I luv seafood and talking about how special it was to go as a kid with family.
@LilT2o00
@LilT2o00 Ай бұрын
much simpler than that. I live on a double peninsula. Florida is a peninsula, and st pete(City in florida) is also an peninsula. Both my city and my state are surrounded by water on 3 sides. No reason to go to a chain seafood restaurant when we have so many great local spots.
@spencers4121
@spencers4121 Ай бұрын
@@lexnolast1779 The people that failed Red Lobster, aren't the people that own it now. Private Equity came in to suck the husk dry.
@DaleH2o
@DaleH2o Ай бұрын
It was not endless Shrimp. It was tapeworm called private equity.
@BlindedByLogic
@BlindedByLogic Ай бұрын
Every Chinese buffet near me has "endless shrimp" and the price is about $15-20 depending on the place, yet they have been doing well for decades.
@thetruthsayer8347
@thetruthsayer8347 Ай бұрын
@@BlindedByLogicthat’s different from having 500+ stores under one franchise doing the same thing
@longkesh1971
@longkesh1971 Ай бұрын
@@thetruthsayer8347 Finance bros loaded up the business with debt then declared bankruptcy.
@mjerome1457
@mjerome1457 Ай бұрын
EXACTLY!!! and red lobster owned almost all of their properties and when the private equity firm came in and took over, they sold the properties and leased it back to red lobster company essentially killing the company
@BIGONE81
@BIGONE81 Ай бұрын
Nope
@sabevabg
@sabevabg Ай бұрын
Sounds like this CEO is gonna bring success to the business. Comes across as friendly , too , in a reserved sort of way. Best of luck ! We don't have Red Lobster where I'm at but they might expand to our part of the world . Who knows .
@thealchemist333
@thealchemist333 12 күн бұрын
This is the type of management that is desperately needed at many companies. Intelligence along with integrity and respect for the employees??? Don't see that too often. Very proud of this young man✨✨✨ There is hope after all
@GG_11_11
@GG_11_11 Ай бұрын
Wish you all the best, hope you turn RED LOBSTER around, it's an iconic brand!
@ericriffel8954
@ericriffel8954 Ай бұрын
His analysis of what was wrong with the endless shrimp was on point. I worked for a major pizza chain for 20+ years. When they would run a promotion like BOGO, or any pizza at 50% off, it would create more work, and more food cost for less money. People who tend to go for promos like that usually are poor tippers also. The thought behind it is to gain new loyal customers, but in reality, most of them will just go to the next place that runs a cheap deal.
@jeffreygarty8214
@jeffreygarty8214 Ай бұрын
Its not why Red lobster went bankrupt though. this is a puff piece that meant to white wash the corporate raiding and monopsony/trust problems red lobster faced when its corporate owners also owned the sole supply of seafood for red lobster.
@BallsLarson
@BallsLarson Ай бұрын
Chilis in a nutshell
@PhillipCummingsUSA
@PhillipCummingsUSA Ай бұрын
Of course, you can make the same pizza at home for roughly $3. Why would anyone want to pay full price for mid pizza?
@ericriffel8954
@ericriffel8954 Ай бұрын
@@PhillipCummingsUSA Obviously for convenience or out of laziness. The same reason people don't cook their own shrimp.
@youglowgirl2106
@youglowgirl2106 Ай бұрын
​@@ericriffel8954😂😂😂😂 right
@secondamazonprime-kv5xo
@secondamazonprime-kv5xo Ай бұрын
Brown, Harvard and CEO at 30 years old and now 35 years old? This guy has extreme confidence and definitely a unicorn. Not envious, just appreciation for a person who can do so much.
@BNezzy
@BNezzy Ай бұрын
really? appreciative? yikes.
@secondamazonprime-kv5xo
@secondamazonprime-kv5xo Ай бұрын
@@BNezzy ​​⁠what’s wrong with appreciating someone who’s better than you? Were you a CEO at 30 years old for a nationally known company?
@BNezzy
@BNezzy Ай бұрын
@@secondamazonprime-kv5xo you ever think and wonder what it takes to become a CEO by age of 30? Have you ever been involved in the corporate world to know what occurs when a CEO like this takes over a company? Have you ever been involved in a company that went through this? To answer your questions: 1. Nothing as long as you know more about the person than a 3 minute video. 2. No I was not as that desire has never been in me as I know what kind of morals/ethics/character traits it takes to do a job like that and that isnt me nor would i ever want to have those things.
@secondamazonprime-kv5xo
@secondamazonprime-kv5xo Ай бұрын
@@BNezzy to answer your question yes I was a CEO but I was not 30 years old I was 45 years old. Until you have been there stay in your lane because you are correct you will never know. Plus you seem to assume a lot. Probably why you are in your situation in life both personally and career wise. See what I just did? I assumed. I’ve been following him since his days at PF Chang.
@guandren
@guandren Ай бұрын
@@secondamazonprime-kv5xo well said.
@_owiee_
@_owiee_ 13 күн бұрын
It’s awesome to hear someone who cares about improving upon the brand rather than just financial growth. You have to be committed to the brand, money comes along with that
@mssha1980
@mssha1980 12 күн бұрын
I wish more companies understood this
@cskvision
@cskvision Ай бұрын
He sounds like a very intelligent and articulate CEO. 35 with the insight of a 50 year old CEO. I think Red Lobsters in good hands now in a very difficult industry.
@TraderLDKnows
@TraderLDKnows Ай бұрын
Intelligent and articulate? Do you say this about whites too or is it just assumed that they are both? The fact that this was even stated shows a subconscious bias. Ridiculous
@EclecticElegance13
@EclecticElegance13 Ай бұрын
He IS Intelligent and articulate. Let’s stop telling people of color that. It’s not actually a compliment because it comes with the connotation that we’re expected not to be. He went to Brown undergrad and has an MBA from Harvard Business School. He’s an incredibly smart and well educated guy. Just a thought.
@Graahk-r8u
@Graahk-r8u Ай бұрын
seemed like a pretty elementary analysis from him to be honest.
@thelemonlimeninja2144
@thelemonlimeninja2144 Ай бұрын
@@EclecticElegance13is there a single situation you people won’t play the victim card?
@TheWingmanPro
@TheWingmanPro Ай бұрын
@@EclecticElegance13He just complimented him, relax.
@unknowncsd
@unknowncsd Ай бұрын
Bro, what destroyed red lobster was that they sold the land the stores sat on and then rented them back at a higher cost
@zacharysherry2910
@zacharysherry2910 Ай бұрын
I agree that that was probably the primary factor but could you imagine owning a seafood restaurant in today's economy also? Imagine owning any restaurant...
@ArizonaSquatch
@ArizonaSquatch Ай бұрын
Not even close. Lol they had a CEO and board that decided to work with companies that worked with cheap labor and subpar shrimp.
@ArizonaSquatch
@ArizonaSquatch Ай бұрын
Not even close at all. It was a business decision to work with cheap corporations with subpar shrimp and other fish products. They got away from quality and went with cheapness.
@bkm2797
@bkm2797 Ай бұрын
@@ArizonaSquatch If so, then why did they have such long lines to eat? Thinking you may have part of the problem, but it’s more like a combination.
@BIGONE81
@BIGONE81 Ай бұрын
Nope , your wrong
@justinmitzel9806
@justinmitzel9806 Ай бұрын
That guy is super impressive. Love to see young people like this coming up and taking on highly visible leadership positions. Best of luck to him and the RL business.
@NezzyBone-bz4tb
@NezzyBone-bz4tb 5 күн бұрын
Man nothing but respect to this guy ...35 and running red lobster....bravo my man 🙏🏿
@phobowl
@phobowl Ай бұрын
CEO is very impressive. I’m gonna drop by for a meal just to support him. Haven’t been to one for 10 yrs plus
@NoreagaMan
@NoreagaMan Ай бұрын
Never trust them smooth talking CEOs of large companies. He would never be put in that postion if he wasn't a master at knowing how to screw people.
@dノノ-t8h
@dノノ-t8h Ай бұрын
Both of you guys said some real shit fr Was just about to agree with the original comment And now I also agree with the second comment here Good stuff in the comment section today
@johnpaulninoraval9811
@johnpaulninoraval9811 Ай бұрын
Comment 1 or 2? Id like to know which people think makes more sense
@NoreagaMan
@NoreagaMan Ай бұрын
@@johnpaulninoraval9811 it's common knowledge that American greed is what it ALWAYS boils down to in this country. Slave the workers, cut corners and fool the customers into over paying what the product/service is really worth.
@NoreagaMan
@NoreagaMan Ай бұрын
@@johnpaulninoraval9811 American greed is what it ALWAYS boils down to
@jocr6374
@jocr6374 Ай бұрын
Such a respectable young man. Can't wait to see where he takes the company!
@dylantedlock
@dylantedlock Ай бұрын
No doubt he's smart but he's a little cocky. Is ego is a little too big
@00700556
@00700556 Ай бұрын
@@dylantedlockNo, you’re just insecure which is why you felt that way
@NiniEJ
@NiniEJ 13 күн бұрын
@@dylantedlock where in the video did you get that 🙄?
@dylantedlock
@dylantedlock 13 күн бұрын
@@NiniEJ The way he was talking to him.He needs communication skills
@dylantedlock
@dylantedlock 13 күн бұрын
@NiniEJ Not saying he is smart but he reminds me of donald trump smart but doesn't know how to chat
@ChigbunduO
@ChigbunduO Ай бұрын
This is a fluff piece and people are buying it. Red lobsters issues weren’t that they offered to great a deal but that private equity stripped the company of all its value.
@DianaLone-hp6fm
@DianaLone-hp6fm Ай бұрын
This restaurant has been around forever. Literally apart of my childhood. Family gatherings, celebrating and just a dinner out treat.When it was affordable. I'm happy to hear this .
@profoundclarity8497
@profoundclarity8497 Ай бұрын
too bad they didn't focus on the overlords who bought the land and raised rent prices....endless shrimp isnt what killed red lobster
@wolf17238
@wolf17238 Ай бұрын
😂😂 You know this, why?
@longkesh1971
@longkesh1971 Ай бұрын
Thats how corporate power works. CNN doesn't care about a lobster restaurant chain. This is public relations to promote the new CEO as a business genius, and they make their commercial advertising look like new reporting. It doesn't make sense that CNN work interview a restaurant CEO. Who cares? This is a commercial.
@BIGONE81
@BIGONE81 Ай бұрын
Nope , your wrong
@mjg239
@mjg239 Ай бұрын
EXACTLY. Private Equity was the real culprit behind Red Lobster's bankruptcy. Blaming Red Lobster being in the red solely on offering "Endless Shrimp" sounds better from a media narrative point of view and to keep investors happy.
@GundamK
@GundamK Ай бұрын
Endless shrimp was one of the reasons The cost of shrimp has increased substantially, and that's why there are in this situation. One of the worst business decisions
@mikelee4847
@mikelee4847 Ай бұрын
FIX THE TITLE!!! private equity broke this company. levered up the balance sheet, sold off the real estate, locked in teribble leases, and funneled money to the shrimp supplier who they owned.
@Pulsonar
@Pulsonar 17 күн бұрын
A black CEO and not a piece of ugly bling or scruffy baseball cap in sight, just crisp n sharp tailoring, pure class. So refreshing to see young executives in classic attire. I’ve really seen a CEO who thinks and speaks so clearly a lot of common sense and logical things. It’s no surprise he said he’s been a CEO multiple times and he’s only 35 years old. Folks like him are visionaries. They know how they want a company to operate to be considered successful, and what’s needed to get there before they’ve even seen the books.
@faithsrealtalk2292
@faithsrealtalk2292 10 күн бұрын
Nigerian parents results
@mts4611
@mts4611 Ай бұрын
Second time CEO at 35. Damn. I aint doing SH-T with my life! LOL 😂🤣
@MrKirktaylor1
@MrKirktaylor1 Ай бұрын
Sound like you are Bragging about it.
@NkVllog
@NkVllog Ай бұрын
@@MrKirktaylor1❤❤❤ 😂😂🎉🎉🎉🎉😢😢😢😮😅😅😅😊 1:24 "".
@variklane7032
@variklane7032 Ай бұрын
I’m only 19 but I want to be like him when I’m 35
@GeneralKenobi69420
@GeneralKenobi69420 Ай бұрын
Meanwhile 29 yo unemployed me who can't hold a job because I'm too weak/slow for blue collar and too dumb for white collar
@All.Natural.
@All.Natural. Ай бұрын
😂😂😂😂
@adamjones2721
@adamjones2721 Ай бұрын
WoW 😳.... Salute to this young Man 🙏💯
@Saba316
@Saba316 Ай бұрын
He'll make his money and then move on. Regardless if Red Lobster wins or loses. It's what CEO's do.
@daha3074
@daha3074 Ай бұрын
That's incredible. Very intelligent, confident and ambitious. He's a role model. Good work to him!
@OverKillJill
@OverKillJill 11 күн бұрын
I can’t wait to try the new menu. I haven’t been to Red Lobster in years.
@WrestlingSuperstar83
@WrestlingSuperstar83 Ай бұрын
It’s great to see this young brother so passionate about making a difference in his profession. I admire how he combines passion with professionalism, staying authentic, articulate, and bringing experience from the ground up, starting as a server. At just 35 years old, he’s accomplished and has a clear vision and mission for the Red Lobster franchise. He’s an excellent role model for young business professionals who aspire to one day lead businesses and earn similar opportunities.
@rashardstallworth9240
@rashardstallworth9240 Ай бұрын
The fact they didn't put this man's name in the title shows you the amount of respect they have for him
@africaine4889
@africaine4889 Ай бұрын
Yep
@davidekow
@davidekow Ай бұрын
It’s at 0:57
@MaelstromTailcatchter
@MaelstromTailcatchter Ай бұрын
You oready
@PhillyDove
@PhillyDove Ай бұрын
He is the fall guy
@Velkin999
@Velkin999 Ай бұрын
It had nothing to do with the shrimp. The problem is Private Equity; but I imagine CNN already knew that and ran the story anyway.
@dariuslavy3913
@dariuslavy3913 Ай бұрын
"The sum of the parts is greater than the whole" . Private Equity business model keeps them rich. I don't know why they don't sell off the parts faster?
@tmo7734
@tmo7734 Ай бұрын
Private equities are always the kiss of death.
@cjjonez
@cjjonez Ай бұрын
i doubt it because they are reporters doesnt mean they really know how to do the job. but i agree with you a bad example but shoneys had all u can eat shrimp on i think monday nights for years. they had all you can eat breakfast for decades. its not the all you can eat. its about execution. but food quality, training of the staff and cleanliness of the restaurants will go a long way. you cut in any of these areas business going to suffer.
@SayYoJ
@SayYoJ Ай бұрын
Then why are you hear? You claim to despise CNN & yet you always find your way to their comment section, imagine that!
@Duneek
@Duneek Ай бұрын
It literally says he explained what went wrong with the promotion of endless shrimp, not that endless shrimp is what was wrong with the company.
@Muricans1776
@Muricans1776 9 күн бұрын
Great to see a CEO really connecting with his team and speaking plainly.
@cl7700
@cl7700 Ай бұрын
Damn. CEO of two companies by 35? Impressive. He obviously takes the work seriously.
@RayNagin504
@RayNagin504 Ай бұрын
NO, YOU JUST DON'T TAKE LIFE SERIOUSLY
@joezak5486
@joezak5486 Ай бұрын
@@RayNagin504😂😂😂
@cl7700
@cl7700 Ай бұрын
@@RayNagin504 what? Lol why are you trying to insult me numb nuts?
@beccaboo147
@beccaboo147 Ай бұрын
@@RayNagin504you got the weirdest bad energy lmao go away😂
@Dont-k1k
@Dont-k1k Ай бұрын
​@@RayNagin504 get a life bro 😂 "In 2014, Nagin was convicted on twenty of twenty-one charges of wire fraud, bribery, and money laundering related to bribes from city contractors before and after Katrina[3][4][5][6] and was sentenced to ten years in federal prison.[7][8]" - Wikipedia Hilarious bro
@HBDSHOUTOUTS
@HBDSHOUTOUTS Ай бұрын
A friend & I ended up at Red Lobster for lunch 5 months ago. We were both shocked at how good the food was! I never really gave it a chance in the past, but I will definitely go again. We enjoyed our meals very much.
@Vincent67337
@Vincent67337 Ай бұрын
The Cajun Fettuccine Alfredo is the best I have had at any restaurant. The Cheddar Bay biscuits are really good too.
@HBDSHOUTOUTS
@HBDSHOUTOUTS Ай бұрын
@@Vincent67337 Yup, the biscuits are absolutely delicious! Dang, I’m gonna try the Cajun Fettuccine. Thanks!
@samuelasanderinos1521
@samuelasanderinos1521 Ай бұрын
@@Vincent67337 Pappadeux has a good version called Pasta Mardi Gras.
@zechariahcifuentes7002
@zechariahcifuentes7002 Ай бұрын
Making your purpose to improve the experience for the customer AND the 30k employees is a perfect closing statement that really shows his character.
@anairasoul6139
@anairasoul6139 12 күн бұрын
We need more of you in positions of authority all over the world. Integrity, Accountability, Responsibility and Respect go A Long way 👏🏾👏🏾👏🏾💯.
@cheretodd9949
@cheretodd9949 Ай бұрын
Still blaming the shrimp? We know the venture capitalists are to blame, not the fat Americans. The VC's sold the properties the stores were on, then made them rent back the spaces, causing over 100 locations to fold. But sure, keep blaming the customers 🙄
@Iamabot2119
@Iamabot2119 Ай бұрын
So Americans aren’t empirically overweight??
@lynch6642
@lynch6642 Ай бұрын
That dude had never seen a shrimp in his life... Much less ever eaten seafood or ben to the ocean 😂 he's from the streets
@THEDARKSIDECUTHERE
@THEDARKSIDECUTHERE Ай бұрын
Yup exactly well said.
@ziff1066
@ziff1066 Ай бұрын
​@@lynch6642you sure about that? He looks like he puts a lot of shrimp in his mouth
@ItsPhillyDH
@ItsPhillyDH Ай бұрын
@@lynch6642from the streets? U weak lil minded adult…even in the hood shrimp is eaten with that being said…😂😂😂YOU MAD THAT BLACK MAN RUNNING A COMPANY AND ABOUT TO TURN IT AROUND!!
@BayonneJoe35
@BayonneJoe35 Ай бұрын
This young man sounds like a knowledgeable, thoughtful person. I think Red Lobsters is in good hands.
@marcusgreen7595
@marcusgreen7595 Ай бұрын
Woah, I’ve never seen such a young CEO of a major company. And he looks even younger than he is too. Very impressive for someone to be this young and CEO. But hearing him speak, I’m not surprised a major company would have confidence in him
@zvmZvm0102
@zvmZvm0102 Ай бұрын
Not impressive, it's called DEI.
@cadesacarlito
@cadesacarlito Ай бұрын
@@zvmZvm0102wow…please! But if he was “white” what would it be called ? It seems that black hires being labeled “DEI” has become the new obsession.
@cadesacarlito
@cadesacarlito Ай бұрын
@@zvmZvm0102how about is fucking track records ?
@SimpleMinded221
@SimpleMinded221 Ай бұрын
​​@@zvmZvm0102 how's that DEI ? That means any black person that's intelligent, and can do the job will be accused of only getting a job due to his ancestry. That's such a rediculious and petty statement. What would make you feel more comfortable? An old white guy ? What ? What you're saying is that no matter how much education, intelligence, and networking skills, he will always be deemed unworthy? Plus, his surname sounds Nigerian. Nigerians and other western Africans are some of the most intelligent and successful immigrants in universities and the workplace in America and north america today. It sounds like you have a bias. Do I think DEI should exist? No, but to accuse every black person as a dei hire is quite racist and only reinforces proof that some people in society are bigots and jealous. God BLESS that young CEO.
@SimpleMinded221
@SimpleMinded221 Ай бұрын
​@@zvmZvm0102 Let me ask you something, if Trump choose Ben Carson, who I think would be a much better VP pick, over Vance, would he be a DEI hire or no ?
@darrylskylar8757
@darrylskylar8757 4 күн бұрын
Wow! He’s impressive!🙏♥️
@byergo
@byergo Ай бұрын
This CEO is very impressive! They will do great.
@Electrify928
@Electrify928 Ай бұрын
They used to feed lobsters to prisoners because it was considered "Low teir" food. Now prisoners sometimes request lobster as a last meal. Oh how the times change.
@PrivateSmiles
@PrivateSmiles Ай бұрын
The rich ruin everything. Houses used to be cheap too then the rich turned them into a commodity.
@treacherousjslither6920
@treacherousjslither6920 Ай бұрын
Lobster was improperly cooked backed then. It was practically poison the way it was served a long time ago.
@2eroumgme753
@2eroumgme753 Ай бұрын
Yep a lot of people don't realize this. 🦞 was for a very very very very long time considered unclean and would rot you from the inside.
@GeneralKenobi69420
@GeneralKenobi69420 Ай бұрын
Lobsters back in the day were all ground up. With the shell (!!!). That trivia goes around everytime lobster is mentioned but it's incredibly misleading.
@chatwat7832
@chatwat7832 Ай бұрын
Their food is trash now and service is deplorable. And got the nerve to charge $45 for the ultimate feast. And the cooks aren't cooking it like it should be when it was $24.99. Come on
@IronWolf277
@IronWolf277 Ай бұрын
I agree, i went back for the first time in years recently and was shocked by the price of "Ultimate Feast" my fav meal. It wasn't even good, the lobster tail was small and the crab meat in the leg shells were very thin.
@britt5650
@britt5650 Ай бұрын
I used to work there and the staff are not the problem the kitchen would be routinely understaffed and management would force hosts to sit customers even when servers were beyond capacity. Having 10 tables to wait on at a time you can’t possibly give great service. Couple that with endless shrimp clogging the kitchen up it was a nightmare to work weekends.
@KingJerbear
@KingJerbear Ай бұрын
@@IronWolf277 Well apparently you haven't taken a look at the supermarket for how much seafood costs. They aren't setting the price at $45 to turn an enormous profit... Seafood is insanely expensive. Source: I'm in charge of food orders for a (not Red Lobster) restaurant
@IronWolf277
@IronWolf277 Ай бұрын
@@KingJerbear The lobster tail and crab legs barely had any meat in the shells. Not worth $45 at any restaurant or grocery store.
@kennethhill2014
@kennethhill2014 7 күн бұрын
I worked there for about a month and quit due to poor tipping!
@emines01
@emines01 Ай бұрын
Congratulations my brother
@daveyboy8907
@daveyboy8907 Ай бұрын
Endless shrimp my ass..They would bring you super small amounts and you wouldnt want to keep waiting on a server instead of bringing enough..Whats 4 shrimp going to do.
@ArizonaSquatch
@ArizonaSquatch Ай бұрын
It wasn't normal shrimp they were serving. It was subpar mini shrimp. Not of good quality
@nychris2258
@nychris2258 Ай бұрын
We found the guy in the chat who wants more for less
@wc4109
@wc4109 Ай бұрын
There was frequent “shrimp challenge” on social media, who could eat the most shrimp… without ordering anything else… that’s not how you run a business…
@Crismodin
@Crismodin Ай бұрын
@@nychris2258 Welcome to the United States of America.
@stonewal316
@stonewal316 Ай бұрын
Endless shrimp may work in another country but Americans have no shame and will eat until they die
@ItsSomeDeadGuy
@ItsSomeDeadGuy Ай бұрын
Remarkable amount of emotional intelligence and empathy coming from this guy.
@kelsey2333
@kelsey2333 Ай бұрын
His personality is so attractive ❤
@Menga213
@Menga213 28 күн бұрын
You people are completely ignorant. The resutaunt will failed. There is nothing good about this place now. Run down by a DEI and low quality service just gets worse.
@snoopboot
@snoopboot 27 күн бұрын
​@@Menga213 Wow, dude. Blatant racism right there. Shame on you.
@femiogunsola5436
@femiogunsola5436 17 күн бұрын
Good for you, buddy. I pray you have success in turning things around. All the best.
@Kitsune113
@Kitsune113 Ай бұрын
It’s really nice to see a CEO that is young, intelligent and passionate about what he does. It really makes me want to support his business to make sure he can help grow the Red Lobster brand.
@deesmith8576
@deesmith8576 25 күн бұрын
you forgot to add dei hire in highschool this dued would go to every party get blasted drunk and hit people. Hes from Springfield look it up
@oscarjohnson2355
@oscarjohnson2355 Ай бұрын
We all know corporate Greed killed Red lobster.
@oscarjohnson2355
@oscarjohnson2355 Ай бұрын
@mokomaka141 Nope corporate greed.
@qdakid7776
@qdakid7776 Ай бұрын
@@oscarjohnson2355free shrimp is corporate greed?
@oscarjohnson2355
@oscarjohnson2355 Ай бұрын
@@qdakid7776 Nothing is free.
@qdakid7776
@qdakid7776 Ай бұрын
@@oscarjohnson2355 doesn’t answer my question
@pacmantravel2158
@pacmantravel2158 Ай бұрын
@@qdakid7776 Corporate is on this game, 100% They will launch some bs and then blame the masses for it later on. Same thing with the "elites" controlling the world. Trust nothing you see on ads, TV, your phone, the internet, et cetera.
@ObaBaller
@ObaBaller Ай бұрын
My Nigerian brothers keep taking over, they keep counting us out and we keep proving them wrong 🇳🇬
@sirgalahad1376
@sirgalahad1376 Ай бұрын
You should consider fixing your own nation first.
@XhaouSin
@XhaouSin 12 күн бұрын
This guy is gonna be a legend
@itsQuiffer
@itsQuiffer Ай бұрын
Now if they took away the free cheddar biscuits, they would go out of business.
@jermelpurse3018
@jermelpurse3018 Ай бұрын
Endless shrimp wasn’t necessarily a bad thing. They just let it go on for too long. It should’ve been very limited in its structure. Literally only a few days a week and only for a few hours of the day. In fact, it should’ve only been in season for a certain time of year. It should’ve been very structured very restrictive because shrimp are expensive and when you can eat them endlessly it could really cut into a companies profits and that’s what happened here.
@matthewearlywine5535
@matthewearlywine5535 Ай бұрын
Taking a more inelastic product and selling it in a model made for elastic food product was not good business. Especially when there were no close competitors doing the same
@wc4109
@wc4109 Ай бұрын
Yes, somehow the previous moron management had no business sense…
@dynamicdave2647
@dynamicdave2647 Ай бұрын
I agree. That was one of their best features. Now im inclined to go there less
@S.Blonde
@S.Blonde Ай бұрын
It was very limited and very structured. I have not had that in a few years but I remember the first plate is normal size and then all the following plates are saucer size and it is not just shrimp solo. It is mostly shrimp pasta dishes which are heavy in carbs and msg to fill you up quick. We are not talking jumbo sized shrimp either. We are talking those small shrimp you can buy wholesale at 10 dollars per 2 lbs bag or at 4 dollars and 44 cents per 1 lb when you buy a 40 lb case.
@willthomas7666
@willthomas7666 Ай бұрын
Exatxly what u ssid is spot on ..
@DavidBrannon-rp2nq
@DavidBrannon-rp2nq Ай бұрын
The problem was to quit having chefs prepare food and going to frozen cruise ship style meals and cutting quality and quantity and charging more for less 😊
@DaLane4real
@DaLane4real 16 күн бұрын
Hats off to you young man. I remember when I used to work at Red Lobster over 30 years ago the restaurant was amazing. Over the years I saw the decline of service and the quality of the food. My daughter and I went for her birthday in June this year and we noticed right away the change for the better. Great, outstanding, excellent job. Keep up the good work.
@soulsister1976
@soulsister1976 Ай бұрын
Twenty-five years ago when I was like 20, I remember getting a really big bonus at my job and taking my whole family to Red Lobster. It made me feel like such a grown up. I def. don't want to see it go away so I'll be suporting. Rooting for this young new CEO.
@xami926
@xami926 Ай бұрын
what tf kinda job you had at 2?
@soulsister1976
@soulsister1976 Ай бұрын
@@xami926 🤣I meant 20 smarty🤣
@anyname777
@anyname777 Ай бұрын
I missed out on endless shrimp. It was fast and furious.
@toyabeen2734
@toyabeen2734 Ай бұрын
The food is horrible now . I went to one 2 weeks ago. I hope he turns it around.
@sunnydelight5255
@sunnydelight5255 Ай бұрын
Yes it was bad for the price. I can get same taste from the frozen aisle for $10.
@vincentpedraza9724
@vincentpedraza9724 14 күн бұрын
Sounds like he’s competent and prepared. GL to him
@rick262
@rick262 Ай бұрын
When I was in the US Marines back in the mid-1980's my buddy and I did our best to put the Oceanside CA Red Lobster out of business. We ate so much of their all-you-can-eat shrimp... it was probably us that started the company's financial difficulties. Sorry everyone.
@ICYMIINMIY
@ICYMIINMIY Ай бұрын
People just sitting for hours eating endless shrimp should have been seen from a mile away. That imagery is also hilarious 😂
@Ivanblock757
@Ivanblock757 Ай бұрын
Honestly how much Shrimp can someone eat
@S.Blonde
@S.Blonde Ай бұрын
I have been to Rob Lobsters during shrimp fest and that is NOT the case. The restaurants were still mostly empty. It is NOT really endless shrimp. It should be called shrimp pasta because most of the dishes are shrimp pasta dishes heavy in carbs and msg to fill you up quick. Only the first place is regular size. After that all you get is small saucers of the shrimp pasta. A lot of people like me cannot digest their biscuits or garlic butter sauce without diarrhea so if I have to go to Red Lobster i just get a salad and my husband can eat that stuff because he does not have the same reaction to their garlic butter sauce that is on the biscuits and most of their seafood dishes. Several people in my family have the same reaction as me to their food.
@tonymosley6951
@tonymosley6951 Ай бұрын
The endless shrimp may have been abused in the worst way. Hearing stories that some folks purged themselves in the restroom , then went back for more shrimp...
@CraigG-T
@CraigG-T Ай бұрын
I thought that was Scottie Pippen for a second
@Corean_Jesus
@Corean_Jesus Ай бұрын
Scottie Shrimppin
@monmerritt8718
@monmerritt8718 Ай бұрын
​@@Corean_Jesus Fantastic 😂
@clairvoyantcrypto4577
@clairvoyantcrypto4577 11 күн бұрын
Seems like a great CEO, knowledgeable and driven guy👏🏾
@mikegee248
@mikegee248 Ай бұрын
Ok, Endless Shrimp, bad. But can you bring back the King Crab Legs? Those are dope AF yo!
@lulabee384
@lulabee384 Ай бұрын
OMG-100% agreed!!!
@mgamer327
@mgamer327 Ай бұрын
yeah! that too!
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