A Red Lobster restaurant in in Times Square in New York.
Seafood chain Red Lobster said in a statement on May 19, 2024 that it had filed for Chapter 11 bankruptcy.
  • Thai Union CEO Thiraphong Chansiri doesn't want to have anything to do with lobsters anymore.
  • His company assumed a majority stake in Red Lobster in 2020, which filed for bankruptcy in May.
  • "Other people stop eating beef. I'm going to stop eating lobster," Chansiri said in February.

Thai Union CEO Thiraphong Chansiri, 58, might have once been a big believer in the Red Lobster seafood chain.