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Ex-Applebee's exec buys chain, fires former boss who denied her CEO role

Julia Stewart, a former executive at Applebee's, was denied a CEO position despite significantly improving the company's performance. She then moved to IHOP and later orchestrated the acquisition of Applebee's, subsequently firing the executive who had previously blocked her promotion. The article also briefly mentions Sara Blakely of Spanx and Frederick W. Smith of FedEx as other business leaders who overcame initial skepticism to achieve significant success. AI

RANK_REASON The article is a narrative about a business executive's career, including a past event, and uses other business leaders as examples. It is not a new release, significant industry event, or research paper.

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Ex-Applebee's exec buys chain, fires former boss who denied her CEO role

COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Emma Burleigh ·

    Ex-Applebee’s exec was told she’d never be CEO—she bought the chain and fired her naysayer: ‘We don’t need two of us, so I’m gonna have to let you go’

    Multimillionaire baby boomer Julia Stewart grew IHOP’s business and got back at her former employer after being denied the top role.