Carrie Walsh will succeed Subway CEO John Chidsey, who is retiring at the end of this year after five years in the position. 

Chidsey became Subway’s first CEO outside of the founding family in 2019, leading the company through a multi-year restructuring. He was in charge of the company’s global strategy, which centred on multi-unit operators and master franchisees. 

“Under John’s leadership, Subway has been transformed. His vision and passion have set a high standard that will continue to guide the brand for years to come,” said Clay Harmon, a member of the Subway board.

Carrie Walsh, who joined the firm in 2019, is now Subway’s president of Europe, Middle East and Africa (EMEA) and former global chief marketing officer. She managed operations, finance, marketing, and development activities in 50 countries and territories.

“Carrie is uniquely qualified to lead Subway through this transition, bringing a blend of expertise in global operations, brand innovation and digital transformation, which will bring continuity and support Subway’s next chapter,” Harmon added. 

Walsh has more than two decades of experience with companies, including Yum Brands, Pizza Hut and PepsiCo.

Last month, Izakaya chain Watami bought Subway’s Japan business with plans for massive growth in the market.