Subway has appointed Jonathan Fitzpatrick, a former Burger King executive, as its new CEO. Fitzpatrick has been with Driven Brands, also owned by Roark Capital, since 2012. Subway, acquired by Roark in 2024, aims to revitalize its brand amid sales decline against competitors like Jersey Mike’s and Firehouse Subs. Roark Capital, known for restaurant management, owns various chains like Arby’s and Dunkin’. In June, Roark acquired Dave’s Hot Chicken for $1 billion.

Read more at Yahoo Finance: Subway hires former Burger King executive as its new CEO