Serial entrepreneur and longtime restaurant group chief government Julia Stewart, 70, is going viral this week for making one in every of “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 position — 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.
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 referred to 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 lately advised The Matthews Mentality Podcast. “And I stated, ‘As you already know, 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 most effective do ever do it… Julia Stewart. Episode 59 of The Matthews Mentality Podcast #f#fypp#podcastclipsp#plottwistp#powermove ♬ unique 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 one more decade.
And at 70, Stewart is nonetheless 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 government Julia Stewart, 70, is going viral this week for making one in every of “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 position — 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.
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