How Red Lobster’s Young CEO is Using AI and Nostalgia to Beat Bankruptcy

Orlando, Friday, 19 June 2026.
At 37, Red Lobster’s CEO Damola Adamolekun is attempting what he calls ‘the greatest comeback in restaurant history’—reviving a bankrupt chain with AI-driven pricing, menu tweaks, and a bold bet on nostalgia. The most surprising move? Bringing back the infamous Endless Shrimp promotion, the very deal blamed for the company’s downfall. His strategy isn’t just about tech; it’s about restoring employee morale and making dining feel personal again. Analysts are watching closely—if it works, it could redefine how struggling chains fight back.