Serial entrepreneur and longtime restaurant group chief govt Julia Stewart, 70, goes viral this week for making considered one of “the perfect 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 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.
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After about six years within the function, 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 mentioned, ‘Simply needed to say hello.’ And he mentioned, ‘I used to be anticipating this name,'” Stewart just lately advised The Matthews Mentality Podcast. “And I mentioned, ‘As , this morning, we introduced that we’ve 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 One of the best 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 dad or mum firm, Dine Manufacturers International, for one more decade.
And at 70, Stewart continues to be working. She’s presently a board member at Bojangles, amongst different locations, and the founding father of a wellness app.
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Serial entrepreneur and longtime restaurant group chief govt Julia Stewart, 70, goes viral this week for making considered one of “the perfect 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 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’
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