Outback Steakhouse Parent Names Former Delta Exec Its New CEO

Group 1 - Bloomin' Brands appointed Michael Spanos, former COO of Delta Air Lines, as its new CEO [1][3] - Spanos replaces David Deno, who announced his retirement effective early next month [1][3] - Spanos's appointment comes after a significant decline in Bloomin' Brands' share price, which has fallen 38% in 2024 [3] Group 2 - Spanos's departure from Delta follows a major operational disruption caused by a Microsoft Windows outage linked to a CrowdStrike software update [2] - The casual dining sector has been described as "softer than anticipated" by the outgoing CEO, which contributed to a reduction in full-year guidance [3] - Spanos has a background in leadership roles, including previous positions at Six Flags Entertainment and over 25 years at PepsiCo [4]