Bloomin’ Brands Names Michael L. Spanos As Chief Executive Officer
26 August 2024 - 2:45PM
Business Wire
Mike Spanos will join Bloomin’ Brands on
September 3, 2024. Former CEO David Deno will serve in
transitional role until December 31, 2024. Spanos will also
serve on the Board of Directors.
Bloomin’ Brands, Inc. (NASDAQ: BLMN) today announced that
Michael L. “Mike” Spanos has been appointed Chief Executive Officer
of the company. Spanos will begin his new role in Tampa on
September 3, 2024. Former CEO David Deno announced on May 7, 2024,
his planned retirement as CEO and from the Board of Directors.
Spanos joins the company from Delta Air Lines where he served as
Executive Vice President and Chief Operating Officer. In that role
he led the global operations/customer experience team of 90,000
employees. Amongst his accomplishments there, Spanos helped advance
Delta’s performance as the company continues to lead the industry
across all operating metrics.
“We have found an ideal strategist, operations and cultural
leader in Mike,” said Michael Mohan, Chairman of the Board for
Bloomin’ Brands. “Our board believes that his experience operating
complex, multi-unit businesses will benefit our iconic,
founder-inspired brands. He has a customer-first mindset for
leading established organizations through challenging environments.
We look forward to his contributions to Bloomin’ Brands.”
“It is a privilege to be part of the Bloomin’ Brands team,” said
Spanos. “We have such a classic set of heritage brands that my
family and I have enjoyed over many years. I am excited to work
together with our Team Members to deliver an outstanding guest
experience. I thank David Deno for his leadership of our people and
look forward to a smooth transition.”
“On behalf of the board, I thank David Deno for his leadership
for the past 12 years, including the past five as Chief Executive
Officer,” added Mohan. “He leaves the company with a strengthened
financial foundation, a strong balance sheet and a leadership team
dedicated to delivering long-term sustainable growth to our
shareholders. We are grateful for his dedication.”
Prior to his service at Delta, Spanos led Six Flags
Entertainment as CEO and President, and spent more than 25 years at
PepsiCo and the Pepsi Bottling Group in various positions including
President Greater China, CEO of Asia Middle East and North Africa
sector, and Chief Customer Officer of North American Beverages.
He is a non-executive director at Casey’s General Store where he
is a member of the Audit Committee
About Bloomin’ Brands, Inc.
Bloomin’ Brands, Inc. is one of the largest casual dining
restaurant companies in the world with a portfolio of leading,
differentiated restaurant concepts. The Company has four
founder-inspired brands: Outback Steakhouse, Carrabba’s Italian
Grill, Bonefish Grill and Fleming’s Prime Steakhouse & Wine
Bar. The Company owns and operates more than 1,450 restaurants in
46 states, Guam and 13 countries, some of which are franchise
locations. For more information, please visit
www.bloominbrands.com.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240823465566/en/
Cathie Koch Group Vice President, Corporate Affairs (813)
830-5127
Bloomin Brands (NASDAQ:BLMN)
Historical Stock Chart
Von Aug 2024 bis Sep 2024
Bloomin Brands (NASDAQ:BLMN)
Historical Stock Chart
Von Sep 2023 bis Sep 2024