Red Lobster's new CEO questioned the company's purchasing processes, including from its owner and seafood supplier Thai Union ...

Tibus, who is also managing director at consulting firm Alvarez & Marsal's North America division, called out Red Lobster's former boss Paul Kenny for marketing and operational "missteps." ...

Tibus references a significant example of mismanagement, and it involves former Red Lobster CEO Paul Kenny adding unlimited endless shrimp as a permanent $20 item to the menu "despite significant ...

(WJET/WFXP) — Two months after Red Lobster had filed for Chapter 11 ... in May 2023 former CEO Paul Kenny decided to add the promotion as a permanent $20 menu item despite significant pushback.

Specifically, Tibus takes aim at his predecessor Paul Kenny and Thai Union, the Bangkok-based seafood supplier that took a majority stake in Red Lobster in 2020. Thai Union hand-picked Kenny to ...

Red Lobster also blamed its decline on its "ultimate endless shrimp" promotion, which debuted in 2004 as a once-a-year, all-you-can-eat offer. However, former CEO Paul Kenny decided to make the ...

Former Red Lobster employees describe a toxic and demoralizing environment as Thai Union-appointed executives descended on ...

In June 2023, Red Lobster also began offering “Ultimate Endless Shrimp,” typically a limited-time offer, as a regular menu item. This decision, reportedly made by former CEO Paul Kenny ...

May of 2024 brought the news that Red Lobster was joining the growing list of national companies filing for bankruptcy. The beloved national chain dating back to 1968 enjoyed the distinction of ...