Serial entrepreneur and longtime restaurant group chief government Julia Stewart, 70, goes viral this week for making one in all “the most effective strikes in management” in terms 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 function — throughout her tenure, firm and franchise gross sales skyrocketed, and so did the inventory worth, per Fortune. Quickly after the snub, she joined IHOP as chair and CEO in 2001, per LinkedIn.Associated: How Nvidia CEO Jensen Huang Remodeled a Graphics Card Firm Into an AI Large: ‘One of many Most Exceptional Enterprise Pivots in Historical past’After about six years within the function, in November 2007, IHOP acquired Applebee’s for $2.1 billion, and Stewart had a cellphone name to make.”I known as the chair and CEO of Applebee’s, and I stated, ‘Simply needed to say hello.’ And he stated, ‘I used to be anticipating this name,'” Stewart not too long ago informed The Matthews Mentality Podcast. “And I stated, ‘As you realize, this morning, we introduced that we’ve got 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 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 TipsStewart 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 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 Stories: ‘A Lot of Work’
Serial entrepreneur and longtime restaurant group chief government Julia Stewart, 70, goes viral this week for making one in all “the most effective strikes in management” in terms 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 function — throughout her tenure, firm and franchise gross sales skyrocketed, and so did the inventory worth, per Fortune. Quickly after the snub, she joined IHOP as chair and CEO in 2001, per LinkedIn.Associated: How Nvidia CEO Jensen Huang Remodeled a Graphics Card Firm Into an AI Large: ‘One of many Most Exceptional Enterprise Pivots in Historical past’
The remainder of this text is locked.
Be part of Entrepreneur+ in the present day for entry.
