Julia Stewart: Snubbed for Promotion, Later | Global Market News
Serial entrepreneur and longtime restaurant group chief government Julia Stewart, 70, goes viral this week for making one of “the best moves in leadership” in relation to business 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 — during her tenure, company and franchise gross sales skyrocketed, and so did the stock price, per Fortune. Soon after the snub, she joined IHOP as chair and CEO in 2001, per LinkedIn.Related: How Nvidia CEO Jensen Huang Transformed a Graphics Card Company Into an AI Giant: ‘One of the Most Remarkable Business Pivots in History’After about six years within the position, in November 2007, IHOP acquired Applebee’s for $2.1 billion, and Stewart had a telephone call to make.”I called the chair and CEO of Applebee’s, and I said, ‘Just wanted to say hi.’ And he said, ‘I was expecting this call,'” Stewart just lately advised The Matthews Mentality Podcast. “And I said, ‘As you know, this morning, we announced that we have purchased, for $2.3 billion, the company, and we don’t need two of us, so I’m gonna have to let you go.”
@kylematthewsceo Replying to @Lindsay The best do ever do it… Julia Stewart. Episode 59 of The Matthews Mentality Podcast #f#fypp#podcastclipsp#plottwistp#powermove ♬ unique sound – Kyle Matthews | Sales IdeasStewart would proceed to function the chair and CEO of the guardian company, Dine Brands Global, for one other decade.And at 70, Stewart remains to be working. She’s at the moment a board member at Bojangles, amongst different locations, and the founder of a wellness app.Related: Airbnb’s CEO Says He Personally Manages 40 to 50 Employees as Direct Reports: ‘A Lot of Work’
Serial entrepreneur and longtime restaurant group chief government Julia Stewart, 70, goes viral this week for making one of “the best moves in leadership” in relation to business 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 — during her tenure, company and franchise gross sales skyrocketed, and so did the stock price, per Fortune. Soon after the snub, she joined IHOP as chair and CEO in 2001, per LinkedIn.Related: How Nvidia CEO Jensen Huang Transformed a Graphics Card Company Into an AI Giant: ‘One of the Most Remarkable Business Pivots in History’
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