It's game time for Dine Brands (DIN) CEO Steve Joyce as he works to turn around restaurant chains Applebee's and Ihop.
Shares of the company, formerly known as DineEquity before the reveal of a re-brand on Wednesday, have surged more than 75% since Joyce joined as CEO in Aug. 2017 from a successful nine-year stint atop Choice Hotels (CHH) . Joyce wasn't totally flying blind into a turnaround at the owner of Applebee's and Ihop, he has been a director at the company since 2012.
Now he is full steam ahead at trying to overhaul a sit-down restaurant chain with a 3,500 store presence in the United States and a good number of sites overseas.
TheStreet talked about his plans for the company.