Here's what to know about Red Lobster's exit from bankruptcy and the new owners of the seafood restaurant chain.

Red Lobster emerges from Chapter 11 with Damola Adamolekun as CEO and $60 million in funding to enhance dining experiences.

Red Lobster, known for its affordable seafood and cheddary biscuits, has exited Chapter 11 bankruptcy protection.

The flood of executive changes in August swept into September, as brands dissolved offices, announced transition plans and replaced ousted chiefs.

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