Red Lobster Makes 2 Executive Appointments

This week, Red Lobster announced Kristen Briede as its new chief global development officer and Brad Hill as CFO and EVP, transformation.

Both individuals also will join the company’s executive leadership team and report to Red Lobster Chief Executive Officer Damola Adamolekun.

Here’s more on the individuals and their responsibilities:

• Kristen Briede: As chief global development officer, Briede will lead Red Lobster’s “asset light growth” and brand development agenda, including domestic and international franchising, travel and airport formats, as well as strategic partnerships, plus retail and licensing opportunities. Briede has experience with building and scaling franchising and partnership platforms at brands including P.F. Chang’s and Steak ‘n Shake.

• Brad Hill: As chief financial officer and executive vice president, transformation, Hill will lead Red Lobster’s finance organization. He will oversee planning, forecasting, and stakeholder reporting, and partner with operations. He also will lead the company’s strategic real estate efforts, from negotiations through economic analysis and deal execution. Hill previously held multiple executive roles at P.F. Chang’s. Hill succeeds Bob Baker, who has departed the company.

For more of the latest industry appointments, click here.