Part 5/10:
Popeyes' success can be traced back to effective leadership and a sound growth strategy. Cheryl Bachelder, who joined Popeyes as CEO in 2006, transformed the brand from a struggling regional player to a formidable competitor. She focused on franchisee profitability, establishing a collaborative culture that prioritized the financial success of store operators. The focus on profitability helped stabilize Popeyes, all while launching an R&D process that ultimately led to the creation of the famed chicken sandwich.