Subway hires former Burger King executive as its new CEO

Descripción:

Subway has named Jonathan Fitzpatrick, a former Burger King executive and current CEO of Roark-owned Driven Brands, as its new CEO starting July 28. Fitzpatrick is the first CEO hired since Subway was acquired by private equity firm Roark Capital in 2024. Subway, one of the world’s largest restaurant chains, has faced declining sales to rivals like Jersey Mike’s and Firehouse Subs, the Associated Press has reported. Roark plans to modernize Subway and expand internationally under Fitzpatrick’s leadership.