Serial entrepreneur and longtime restaurant group chief govt Julia Stewart, 70, goes viral this week for making one in every of “the very best 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 value, 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 position, in November 2007, IHOP acquired Applebee’s for $2.1 billion, and Stewart had a cellphone name to make.
“I referred to 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 lately informed The Matthews Mentality Podcast. “And I mentioned, ‘As , this morning, we introduced that now we have bought, for $2.3 billion, the corporate, and we do not want two of us, so I am gonna should allow you to go.”
@kylematthewsceo Replying to @Lindsay The very best 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 guardian firm, Dine Manufacturers World, 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.
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Serial entrepreneur and longtime restaurant group chief govt Julia Stewart, 70, goes viral this week for making one in every of “the very best 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 value, 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 Big: ‘One of many Most Exceptional Enterprise Pivots in Historical past’
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