Jonathan Fitzpatrick, CEO of Subway.
Courtesy: Subway
The Sandwich Chen Sabway has effectively tapped the company’s latest CEO, Jonathan Fitzpatrick of former Burger King, from 28 July.
The announcement on Monday follows a one -month discovery for the successor of former CEO John Chidsi. Five years later with the Chidasi company retired at the end of 2024. His tenure included a $ 9.6 billion sales of the then family -owned series. Private Equity Firm Rorak Capital In 2023.
Fitzpatric joins the subway after spending more than 12 years, leading another or-back company, operated brand, a motor vehicle service provider. Prior to the brands operated, he served as the Chief Brand and Operations Officer of Burger King after playing another role in the business of the chain. Fitzpatrick stepped below the brands operated earlier this year.
Chidsi’s re -initially included time in the Burger King. A decade before joining the subway, Chidse led Burger King even to buy by 3G Capital, which was eventually formed Restaurant brand international,
Fast-food restaurants have a leadership changeup during difficult times. Consumers are often not eating food, and when they do, they are looking for deals. Such a discount can already weigh the razor-skinny profit on the margin of the restaurant.
The subway itself comes with its set of challenges. With more than 19,500 places, it is the largest American restaurant series from the number of shops, but competition from fast-casual eateries and other sandwiches series has eradicated its market share in the last 15 years.
According to technical data, last year, its sales fell by 3.8%.
