Subway’s CEO is stepping down as the chain closes hundreds of stores amid franchisee backlash

Photo by Bizuayehu Tesfaye/Invision for SUBWAY Restaurants/AP Images

• Subway’s CEO, Suzanne Greco, is retiring after 45 years at the company. 
• Subway has struggled in recent years, losing more than 900 locations in the US last year and recently announcing plans to close roughly 500 more in 2018. 
• Many franchisees had previously criticized Greco to Business Insider, saying she was “not qualified” to be CEO. 
• One franchisee told Business Insider on Wednesday that there is a prevailing feeling of “guarded optimism” about Greco’s retirement. 

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Subway’s CEO is leaving the struggling sandwich chain. See the rest of the story at Business Insider

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