Overview

• Fitzpatrick succeeds John Chidsey, who retired at the end of 2024 after five years leading Subway.
• He spent more than 12 years as president and CEO of Roark-backed Driven Brands and held senior leadership positions at Burger King.
• Under Chidsey’s tenure, Subway was sold to private equity firm Roark Capital in a $9.6 billion deal in 2023.
• Last year, U.S. sales at the sandwich chain fell 3.8% and its market share eroded amid growing fast-casual rivalries.
• The new CEO will oversee ongoing efforts to modernize Subway’s restaurants and accelerate international expansion under Roark’s ownership.