Bloomin' Brands Appoints Former Delta COO as New CEO
Michael Spanos steps in after David Deno's 12-year tenure, aiming to revitalize the casual dining giant.
- Spanos previously held leadership roles at PepsiCo, Six FlagsDelta Air Lines.
- He takes over following a challenging period for Delta marked by a major technology outage.
- David Deno announced his retirement in May, concluding over a decade at Bloomin' Brands.
- Spanos is expected to address the company's declining share price and softer-than-expected market performance.
- Bloomin' Brands owns popular chains like Outback Steakhouse, Carrabba’s, and Bonefish Grill.