• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

2

Power companies are using eminent domain to seize land for data centers as 70% of Americans say not in my backyard

3

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion

1

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic

2

Power companies are using eminent domain to seize land for data centers as 70% of Americans say not in my backyard

3

‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
SuccessCareers

Red Lobster’s 37-year-old CEO waited tables before joining the C-suite—he says it was a crash course in managing ‘difficult people and situations’

Preston Fore
By
Preston Fore
Preston Fore
Success Reporter
Down Arrow Button Icon
Preston Fore
By
Preston Fore
Preston Fore
Success Reporter
Down Arrow Button Icon
July 19, 2026, 3:00 AM ET
Red Lobster CEO Damola Adamolekun on stage siting on a couch
As Red Lobster rebounds from its “endless shrimp” bankruptcy, CEO Damola Adamolekun shares lessons from waiting tables, meeting Warren Buffett, and using AI.Courtesy of Jobs for the Future
Add Fortune on Google for similar content.

Years before Damola Adamolekun was tapped to serve as Red Lobster’s CEO—and save the brand from an endless shrimp-induced bankruptcy—he was tasked with mastering a smaller version of pretty much the same job: keeping tables happy and well-fed.

Recommended Video

The 37-year-old first began his career like the thousands of his employees: as a server. While in high school, Adamolekun worked at Clyde’s, a local chain at the time located in suburban Maryland. He said it was there that he learned how to read people quickly, smooth over tense interactions, and make a customer feel even better than when they first walked through the door. Those were early lessons in a leadership skill he now considers indispensable.

“People come to the restaurant as an escape from whatever’s going on in their lives, and your job really is just to put a smile on their face and engage with them,” Adamolekun told Fortune in an interview on the sidelines of Jobs for the Future’s Horizons conference.

“You become good at managing difficult people and situations, which is an important skill. You learn how to lift people from one mindset to another one.”

Thanks to that crash course in human behavior, Adamolekun said today he’s applying those skills to a far wider audience as he wins back guests, reassures investors, and leads Red Lobster’s 30,000 employees in what he’s called the “‘greatest comeback in the history of the restaurant industry.”

From Zimbabwe, HBS, and Goldman Sachs to C-suite

Born in Nigeria to a neurosurgeon father and pharmacist mother, Adamolekun spent his early childhood on the move, including stops in Zimbabwe as well as the Netherlands before landing in central Illinois at age 9. His family later settled in Columbia, Maryland, and it was there that he developed an early interest in business and investing as a high schooler.

“I opened a stock portfolio and started buying stocks, and now I wanted to be Warren Buffett all of a sudden,” he recalled. 

Adamolekun began studying investing on his own—reading finance books and Berkshire Hathaway shareholder letters, which became a blueprint for understanding Buffett’s investment philosophy and approach to business.

That interest eventually led him to Brown University, where he became a leader in the school’s investment club before beginning his career in investment banking at Goldman Sachs, where he spent two years before eventually returning to school to earn his MBA from Harvard Business School—and where he finally had the chance to meet Buffett.

What stood out most to Adamolekun was not just his investing track record, but Buffett’s willingness to document his thinking, acknowledge mistakes, and share those lessons with the next generation—principles that would later shape Adamolekun’s own leadership style.

“He has a process, and he has a way to do things,” Adamolekun said. “What I respect about him the most is the consistency of performance over 50, 60 years. That’s incredible… he’s like, ‘I’m not always right, but here’s what I see.’”

After graduating from Harvard in 2017, Adamolekun transitioned into hedge fund management, joining billionaire John Paulson at Paulson & Co., and it was there that he pitched his boss on acquiring struggling restaurant chain P.F. Chang’s. After the deal closed in 2019, he was tapped as the chain’s CEO at just 31 years old, making him one of the youngest leaders of a major restaurant brand.

A Buffett-inspired approach to rebuilding Red Lobster

Adamolekun successfully led P.F. Chang’s through pandemic-era restaurant upheaval—and returned the chain to growth. But soon, his career would be put to the test with a new challenge. In 2024, 35-year-old Adamolekun was brought in to lead Red Lobster after the company filed for bankruptcy protection, tasked with turning around yet another iconic but struggling restaurant chain.

Adamolekun has admitted Red Lobster had made a lot of mistakes, including a decision to make its endless shrimp promotion a year-round menu option in 2023. Recent court filings from Red Lobster’s previous CEO, Jonathan Tibus, said the shift ultimately put the company in the red $11 million in a single quarter.

As part of the turnaround, Adamolekun closed more than 100 locations and focused on returning to what he called Red Lobster’s core identity: delivering customers a memorable dining experience.

“People think we serve food, but what we serve is a guest experience, and a lot of that is human connection,” he said on stage at the JFF conference.

His early changes have also included simplifying the menu, investing in long-deferred restaurant maintenance, and focusing on the fundamentals of the guest experience. Moreover, he is pushing Red Lobster toward becoming one of the restaurant industry’s most technology-focused companies, including greater use of artificial intelligence to improve operations and let staff spend more time with customers.

“If a manager can spend less time in the office dealing with all of the inventory and scheduling and calendar and admin and all that stuff—they can be out on the floor with the guests,” Adamolekun said. “And they’re going, I think, to enjoy the job more.”

Adamolekun’s advice for Gen Z: “Better yourself” with AI

Adamolekun acknowledged that calls for greater AI adoption are not always easy to hear—especially for young workers entering a labor market where the technology is already reshaping career paths.

“It’d be dishonest or naive to think there couldn’t be issues with AI and the rate that it’s being adopted,” he said. “There can be issues with AI. That can be true. It can also be true that it can be a really useful tool for businesses and a really useful tool for people.”

Rather than resisting AI, Adamolekun believes workers should learn to use it.

“In the short term, it’s here, and the best thing you can probably do is figure out how to use it to your advantage,” Adamolekun said. “You need to use it to better yourself and be native and fluent with it because it’s important for the work that’s going to be done.”

He compares AI to “a high-powered assistant or chief of staff”—a tool that can make workers more productive, so long as they continue applying their own judgment rather than outsourcing their thinking. For Gen Z in particular, he said the key is to “attack it with bravery.”

“Stay with it. Be persistent. Find opportunities,” Adamolekun said. “Leverage AI to your advantage.”

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
About the Author
Preston Fore
By Preston ForeSuccess Reporter
LinkedIn iconTwitter icon

Preston Fore is a reporter on Fortune's Success team.

See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in Success

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Success

Mark Cuban, in front of a purple background, has his mouth open and is looking to his left.
Successcompensation
Mark Cuban says he has the solution to growing income inequality, and it’s to reward every employee—from CEO to janitor—with company stock
By Sasha RogelbergJuly 20, 2026
3 hours ago
Ferran Torres
SuccessWorld Cup
Spain’s Ferran Torres scored the winning goal in the World Cup—but just four years ago, he was in therapy and stuck in a ‘bottomless pit’
By Emma BurleighJuly 20, 2026
5 hours ago
Christopher Nolan wearing a black suit
SuccessCareers
Today he’s the brains behind ‘The Odyssey’ and ‘Oppenheimer,’ but the Oscar-winning director Christopher Nolan was actually rejected from film school
By Preston ForeJuly 20, 2026
5 hours ago
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
Successphilanthropy
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
By Sydney LakeJuly 20, 2026
7 hours ago
debt
Personal Financestudent loans and debt
Meet a 40-year-old who filed for bankruptcy in 2022 but still can’t erase $94,000 in student-loan debt: ‘you’re just lost in the system somewhere’
By Heather Hollingsworth, Nicky Forster and The Associated PressJuly 20, 2026
7 hours ago
ryan
CommentaryLeadership
I’ve interviewed 700 leaders. The ones outsourcing their thinking to AI lose their best people first
By Ryan HawkJuly 20, 2026
9 hours ago

Most Popular

'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
AI
'Dr. Doom' Nouriel Roubini says we're headed for universal basic income or 'some form of socialism' as AI revolutionizes work—He calls that optimistic
By Jason MaJuly 18, 2026
2 days ago
Power companies are using eminent domain to seize land for data centers as 70% of Americans say not in my backyard
AI
Power companies are using eminent domain to seize land for data centers as 70% of Americans say not in my backyard
By Aaron Walayat and The ConversationJuly 19, 2026
1 day ago
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
Success
‘I want to die broke’: Billionaire philanthropist Denny Sanford dies after giving away $4 billion
By Sydney LakeJuly 20, 2026
7 hours ago
Red Lobster’s 37-year-old CEO waited tables before joining the C-suite—he says it was a crash course in managing ‘difficult people and situations’
Success
Red Lobster’s 37-year-old CEO waited tables before joining the C-suite—he says it was a crash course in managing ‘difficult people and situations’
By Preston ForeJuly 19, 2026
2 days ago
Warren Buffett says his $147 billion investing career was an accident: ‘I may be one of the 10 luckiest in the world’
Future of Work
Warren Buffett says his $147 billion investing career was an accident: ‘I may be one of the 10 luckiest in the world’
By Sarah GlodekJuly 20, 2026
13 hours ago
It’s not just Taco Bell lettuce and possible glass in Pillsbury rolls: Food and drink recall events reached a 6-year year-over-year high
Retail
It’s not just Taco Bell lettuce and possible glass in Pillsbury rolls: Food and drink recall events reached a 6-year year-over-year high
By Sasha RogelbergJuly 20, 2026
10 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.