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The Wall Street Publication > Blog > Markets > Subway CEO John Chidsey to retire at finish of the yr
Markets

Subway CEO John Chidsey to retire at finish of the yr

Editorial Board Published November 26, 2024
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Subway CEO John Chidsey to retire at finish of the yr
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Subway North America President Doug Fry has the newest on the $3 footlong dippers on ‘The Claman Countdown.’

Sandwich chain Subway introduced on Tuesday that CEO John Chidsey will retire on the finish of the yr.

“It has been a privilege to lead Subway through a period of exciting change, and I am so proud of what the team has achieved together,” he stated in a press release.

Chidsey has served as chief govt since 2019 and is the primary outdoors Subway’s founding household.

John Chidsey took over as Subway CEO in 2019. (Photograph by Miguel Villagran/Getty Photographs / Getty Photographs)

Subway, owned by Roark Capital, has undergone many adjustments whereas Chidsey has been CEO.

SUBWAY AGREES TO SALE TO ROARK CAPITAL, ENDING NEARLY 6 DECADES OF FAMILY OWNERSHIP

In 2021, for instance, the corporate carried out a swath of updates to its substances. That was adopted a yr later by the revealing of the “Subway Series” menu. 

Subway additionally introduced deli slicers and freshly sliced meats to its eating places final yr.

When he retires as CEO, Chidsey will seek the advice of at Subway with a “particular focus on helping to guide the company’s international growth strategy and master franchisee relationships.”

Subway employee

An worker prepares a sandwich at a Subway restaurant on Jan. 12, 2023 in Austin, Texas. (Brandon Bell/Getty Photographs / Getty Photographs)

Carrie Walsh, Subway’s Europe, Center East and Africa division president, will succeed Chidsey on an interim foundation. She has been with the corporate for 5 years.

SUBWAY ACCUSED OF SHORTING CUSTOMERS ON MEAT IN SANDWICHES: LAWSUIT

Subway sign

Subway added to Ukraine’s checklist of “international war sponsors.” (Photograph by Michael M. Santiago/Getty Photographs / Getty Photographs)

Subway board member Clay Harmon stated Walsh was “uniquely qualified to lead Subway through this transition, bringing a blend of expertise in global operations, brand innovation and digital transformation, which will bring continuity and support Subway’s next chapter.”

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The chain has almost 37,000 eating places all over the world, and in October, reported that it has notched greater than 10,000 future restaurant commitments.

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