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Subway CEO John Chidsey to Retire After Five Years Leading the Chain

Chidsey, who oversaw Subway's transformation and $9 billion sale to Roark Capital, will continue as a consultant focusing on international growth.

  • John Chidsey, Subway's CEO since 2019 and the first outside the founding family, will step down at the end of 2024.
  • During his tenure, Chidsey led significant changes, including menu updates, the introduction of deli slicers, and the launch of the 'Subway Series' menu.
  • Chidsey played a pivotal role in the $9 billion sale of Subway to private equity firm Roark Capital in 2023.
  • Carrie Walsh, current president of Subway's Europe, Middle East, and Africa division, will serve as interim CEO while a permanent replacement is sought.
  • Subway has secured commitments for 10,000 new restaurants globally, with Chidsey set to continue supporting international expansion as a consultant.
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