Subway's CEO John Chidsey will retire at the end of 2024 after five years, having led the chain through a sales slowdown with menu refreshes and global expansions.
Chidsey's leadership marked a significant transition for Subway as he was the first CEO from outside the founding family, driving efforts to revitalize the brand.
Under his guidance, Subway also saw a successful sale to Roark Capital Group, positioning the chain for future growth as it navigates challenges in the fast-food industry.
As he prepares to leave, Carrie Walsh will take the helm as interim CEO, initiating a search for Chidsey's permanent successor.
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