Italian dining chain veteran joins Red Lobster C-suiteRed Lobster has made another appointment to its C-suite following its emergence from Chapter 11 bankruptcy. Red Lobster names new finance, marketing chiefsAfter recently emerging from bankruptcy with new ownership, Red Lobster is adding to its C-suite with two appointments. Red Lobster exits bankruptcy new owners, new CEO Red Lobster has emerged from bankruptcy with new ownership and new management. Red Lobster's Chapter 11 plan approved; to exit with more than 540 locations Red Lobster is moving forward with its restructuring plan months after filing for bankruptcy. Former CEO of P.F. Chang’s to head up Red Lobster Red Lobster has a new chief executive officer — pending court approval. Red Lobster closes 90-plus sites; equipment to be auctioned off Red Lobster is slimming down a bit.