Former P.F. Chang’s CEO Damola Adamolekun is joining New York City-based principal investment firm, Garnett Station Partners as operating partner after four years helming the Scottsdale, Ariz.-based Asian-American casual-dining brand through the COVID years.
In his new role, Adamolekun will help identify new investment opportunities and drive innovation, value, and efficiency for Garnett Station’s portfolio of brands, which includes Pollo Tropical, Primanti Bros, Twin Peaks, Checkers, and Carrols Restaurant Group.
“We are thrilled to welcome Damola, a recognized and respected innovator in the restaurant industry, to our team. Damola’s industry knowledge of operational excellence and growth strategies will be a tremendous value-add to our portfolio of brands,” Alex Sloane, cofounder and managing partner of Garnett Station Partners said in a statement.
Before joining P.F. Chang’s as CEO and director of the executive board, Adamolekun was formerly a partner at New York-based investment firm, Paulson & Co. He also previously served on the Board of Directors at P.F. Chang’s, Inday, the National Restaurant Association and International Tower Hill Mines and as a Board Observer for Bausch Health Companies.
“Matt, Alex and the entire Garnett Station team have an impressive track record of creating value and turbo-charging growth across all their brands,” Adamolekun said in a statement. “I am eager to continue the firm’s mission of partnering with exceptional companies and leadership teams across Garnett Station’s portfolio to help them reach their full potential.”
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