Serial entrepreneur and longtime restaurant group chief govt Julia Stewart, 70, is going viral this week for making certainly one of “the very best strikes in management” in the case of enterprise deal comebacks.
After seven years as a senior chief at Taco Bell, Julia Stewart joined Applebee’s as president in 1998. She left after three years when she was denied a promotion to CEO, she says, regardless of being promised and incomes the position — throughout her tenure, firm and franchise gross sales skyrocketed, and so did the inventory value, per Fortune. Quickly after the snub, she joined IHOP as chair and CEO in 2001, per LinkedIn.
After about six years within the position, in November 2007, IHOP acquired Applebee’s for $2.1 billion, and Stewart had a telephone name to make.
“I known as the chair and CEO of Applebee’s, and I stated, ‘Simply wished to say hello.’ And he stated, ‘I used to be anticipating this name,'” Stewart not too long ago instructed The Matthews Mentality Podcast. “And I stated, ‘As , this morning, we introduced that now we have bought, for $2.3 billion, the corporate, and we do not want two of us, so I am gonna must allow you to go.”
@kylematthewsceo Replying to @Lindsay The very best do ever do it… Julia Stewart. Episode 59 of The Matthews Mentality Podcast #f#fypp#podcastclipsp#plottwistp#powermove ♬ unique sound – Kyle Matthews | Gross sales Ideas
Stewart would proceed to function the chair and CEO of the mother or father firm, Dine Manufacturers International, for one more decade.
And at 70, Stewart is nonetheless working. She’s at present a board member at Bojangles, amongst different locations, and the founding father of a wellness app.
Associated: Airbnb’s CEO Says He Personally Manages 40 to 50 Staff as Direct Stories: ‘A Lot of Work’
Serial entrepreneur and longtime restaurant group chief govt Julia Stewart, 70, is going viral this week for making certainly one of “the very best strikes in management” in the case of enterprise deal comebacks.
After seven years as a senior chief at Taco Bell, Julia Stewart joined Applebee’s as president in 1998. She left after three years when she was denied a promotion to CEO, she says, regardless of being promised and incomes the position — throughout her tenure, firm and franchise gross sales skyrocketed, and so did the inventory value, per Fortune. Quickly after the snub, she joined IHOP as chair and CEO in 2001, per LinkedIn.
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