This 33-12 months Outdated is Making Historical past because the First Black CEO of P.F. Chang’s


Meet Damola Adamolekun, the CEO of P.F. Chang’s China Bistro, a well-liked Asian casual-dining restaurant chain primarily based within the U.S. Since 2020, he has been main the corporate to make sure its continued progress and success.

Damola, who’s now 33-years outdated, has been important within the evolution of P.F. Chang’s, one of many largest and most well-known restaurant chains throughout the globe. Regardless that the model remains to be sturdy, he believed that it’s essential to embrace change to adapt to the unsure future.

As P.F. Chang’s CEO, Damola labored on revamping the eating rooms and revising the menu objects. He additionally initiated the inclusion of supply and to-go orders which was seen as unfitting to the model earlier than. Now the chain operates various small fast-casual-type of places across the nation.

True sufficient, the enterprise survived even when the pandemic hit. What’s extra, he led the corporate to a 31.7% enhance in gross sales in 2021 in comparison with the 12 months earlier than, in accordance with High 500 chain information from Restaurant Enterprise sister agency, Technomic.

Furthermore, Damola is a associate at Paulson & Co., which turned one of many principal homeowners of P.F. Chang’s which was purchased for $700 million in 2019.

He was additionally on the board of administrators on the Worldwide Tower Hill Mines LLC. Adamolekun earned his bachelor’s diploma in Economics from Brown College and his Grasp of Enterprise Administration from Harvard Enterprise Faculty.

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