New York CNN —
Yet another fast food CEO is stepping down.
Subway announced Tuesday that its CEO, John Chidsey, will retire at the end of 2024. Executive Carrie Walsh will replace him as interim CEO.
Chidsey, the first chief executive outside of the chain’s founding family, joined Subway as CEO in 2019. His departure marks another entry on the list of fast food chain CEOs who have stepped down this year for a variety of reasons, including Starbucks, Chipotle, Shake Shack, and Wendy’s.
Subway, which is owned by a private equity firm,
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