US Edition
Subway Hires Former Burger King Executive as Its New CEO
MIAMI, JUL 28 – Jonathan Fitzpatrick, with 20+ years in franchising and QSR experience, takes over to address Subway's sales decline and continue modernization after Roark Capital's 2024 acquisition.
- Subway announced on Monday that Jonathan Fitzpatrick, who previously held senior leadership roles at Burger King, will take over as CEO starting July 28, 2025.
- The leadership transition comes after Subway was acquired in 2024 by Roark Capital, a private investment company, in a deal valued at about $9 billion, ending its ownership by the founding families and initiating plans for modernization and global growth.
- Subway faces challenges including a 6% drop in overall consumer spending and a 4% decline in unit count in 2025, while closing 1,645 stores over the past three years amid strong competition from fast-casual rivals.
- Fitzpatrick expressed enthusiasm for shaping Subway’s future, stating he will collaborate with franchisees and employees to boost sales and franchisee profitability during a tough market period.
- This CEO appointment marks Subway’s first since the Roark acquisition and signals a strategic effort to improve competitiveness and revive the brand amid longstanding market share erosion.
Insights by Ground AI
Does this summary seem wrong?
31 Articles
31 Articles
Associated Press News+8 Reposted by 8 other sources
Subway hires former Burger King executive as its new CEO
Subway has hired a former Burger King executive as its new CEO. The Miami-based sandwich chain said Monday that Jonathan Fitzpatrick will join the company on July 28.
·United States
Read Full Article
Subway taps ex-Burger King exec Jonathan Fitzpatrick as CEO as chain’s new owner looks to revive sales
Sandwich chain Subway on Monday named former Burger King executive Jonathan Fitzpatrick as its CEO starting July 28, tapping a fast-food industry veteran to lift sales and help expand its business globally.
·New York, United States
Read Full Article
Coverage Details
Total News Sources31
Leaning Left8Leaning Right2Center6Last UpdatedBias Distribution50% Left
Bias Distribution
- 50% of the sources lean Left
50% Left
L 50%
C 38%
13%
Factuality
To view factuality data please Upgrade to Premium
