Serial entrepreneur and longtime restaurant group chief govt Julia Stewart, 70, goes viral this week for making one in all “the most effective strikes in management” relating to 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.
Associated: How Nvidia CEO Jensen Huang Reworked a Graphics Card Firm Into an AI Big: ‘One of many Most Outstanding Enterprise Pivots in Historical past’
After about six years within the position, in November 2007, IHOP acquired Applebee’s for $2.1 billion, and Stewart had a cellphone name to make.
“I referred to 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 advised The Matthews Mentality Podcast. “And I stated, ‘As you recognize, this morning, we introduced that we have now bought, for $2.3 billion, the corporate, and we do not want two of us, so I am gonna need to allow you to go.”
@kylematthewsceo Replying to @Lindsay The perfect do ever do it… Julia Stewart. Episode 59 of The Matthews Mentality Podcast #f#fypp#podcastclipsp#plottwistp#powermove ♬ authentic sound – Kyle Matthews | Gross sales Suggestions
Stewart would proceed to function the chair and CEO of the father or mother firm, Dine Manufacturers World, for an additional decade.
And at 70, Stewart remains to be working. She’s at the moment 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 Studies: ‘A Lot of Work’
Serial entrepreneur and longtime restaurant group chief govt Julia Stewart, 70, goes viral this week for making one in all “the most effective strikes in management” relating to 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.
Associated: How Nvidia CEO Jensen Huang Reworked a Graphics Card Firm Into an AI Big: ‘One of many Most Outstanding Enterprise Pivots in Historical past’
The remainder of this text is locked.
Be part of Entrepreneur+ right this moment for entry.
