Red Lobster, an iconic seafood restaurant brand, announced Monday the appointments of Brad Hill as chief financial officer and executive vice president, Transformation, and Kristen Briede as chief global development officer. Both executives will join the company's executive leadership team and report to Red Lobster Chief Executive Officer Damola Adamolekun.
Brad Hill: Chief Financial Officer and Executive Vice
President, Transformation
As Chief Financial Officer and Executive Vice President, Transformation,
Hill will lead Red Lobster's finance organization, oversee planning,
forecasting, and stakeholder reporting, and partner with operations to drive
performance excellence. He will also lead the company's strategic real estate
efforts, from negotiations through economic analysis and deal execution.
Hill previously held multiple executive roles at P.F.
Chang's, where he partnered finance and operations to drive sustained
performance and executed major real estate initiatives during the COVID-19
pandemic.
Hill succeeds Bob Baker, who has departed the company. “Red
Lobster thanks Baker for his contributions and wishes him well,” the company
said in a press release.
“We're now shifting from stabilization to a disciplined,
execution-led growth phase focused on optimizing the guest experience, driving
operational excellence, accelerating real estate optimization and building a
stronger platform for durable growth," said Adamolekun in a company
statement.
Kristen Briede: Chief Global Development Officer
As Chief Global Development Officer, Briede will lead Red
Lobster's asset‑light growth and brand development agenda, including domestic
and international franchising, travel and airport formats, and strategic
partnerships, retail and licensing opportunities that extend the brand beyond
the dining room.
Briede brings deep experience building and scaling
franchising and partnership platforms at leading restaurant brands, including
P.F. Chang's and Steak 'n Shake, with a track record of launching new growth
channels and putting in place the systems, standards, and partner governance
required to scale sustainably.
These leadership changes reflect Red Lobster's commitment to
strengthening its operational foundation, enhancing agility, and delivering an
improved experience for guests as the company continues executing its long‑term
growth plan.






