BLOOMIN BRANDS INC (BLMN)
Sector: Consumer Discretionary
Sector: Consumer Discretionary
BLOOMIN BRANDS INC - Executive Compensation
Chief Executive Officer
Executive Compensation
Michael L. Spanos serves as Chief Executive Officer of Bloomin' Brands, Inc., a leading casual dining restaurant company that owns and operates brands including Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse & Wine Bar. With over 25 years of experience in the restaurant and consumer products industries, Spanos joined Bloomin' Brands in 2012 as Chief Financial Officer. Prior to that, he held senior finance roles at Yum! Brands, where he was Senior Vice President of Finance for Pizza Hut International, overseeing financial operations across more than 70 countries. His earlier career included positions at Hostess Brands and Kraft Foods, building a strong foundation in financial strategy, operations, and growth initiatives. Under Spanos's leadership, Bloomin' Brands has achieved significant milestones, including substantial improvements in profitability, digital sales growth exceeding 200% during the COVID-19 pandemic, and successful execution of a comprehensive asset-light strategy. Promoted to Chief Operating Officer in 2014, President in 2019, and CEO in August 2021, he has driven menu innovation, loyalty program enhancements, and international expansion, positioning the company for long-term success amid evolving consumer preferences. As CEO, Spanos continues to focus on operational excellence, guest experience enhancement, and sustainable growth, leveraging data analytics and technology to strengthen Bloomin' Brands' competitive edge in the casual dining sector. His strategic vision has earned recognition from industry peers, solidifying his reputation as a transformative leader in the hospitality industry.