David Deno

David Deno is an accomplished American businessman who served as the Chief Executive Officer (CEO) of Bloomin' Brands, Inc., a prominent casual dining restaurant company known for brands like Outback Steakhouse and Carrabba's Italian Grill. He was appointed CEO in March 2019, succeeding Liz Smith, and held this position until his retirement announcement in May 2024, after a total of 12 years with the company.123

Early Career and Education

Deno's career spans over 40 years in the hospitality industry. He began his professional journey at Burger King, where he held various finance roles. He later joined Pizza Hut and Yum! Brands, where he spent 15 years in senior positions, including Chief Financial Officer (CFO) for Pizza Hut and COO of Yum! Brands.124 Before joining Bloomin' Brands in 2012 as Executive Vice President and CFO, he worked at Best Buy as the President of Asia and CFO for the International Division.34

He holds a bachelor's degree in economics and political science from Macalester College and an MBA from the University of Michigan.25 Deno has also served on several boards, including Krispy Kreme and Macalester College.6

Achievements at Bloomin' Brands

During his tenure at Bloomin' Brands, Deno was credited with strengthening the company's financial foundation, particularly during challenging times such as the COVID-19 pandemic. His leadership was marked by improved profitability and a stronger balance sheet.13 He played a crucial role in optimizing the company's international presence, especially in Brazil.4 His contributions to the foodservice industry were recognized when he received the International Foodservice Manufacturers Association (IFMA) Silver Plate Award in 2023.14

Retirement

Deno announced his retirement in May 2024, with plans to remain until a successor is appointed to ensure a smooth transition. The decision for his retirement was part of a normal succession planning process initiated by the company's board in 2023.134

Overall, David Deno's career reflects significant achievements in financial management and strategic leadership within the restaurant industry.