How the New CEO of Applebee's and Ihop Plans to Save the Company

Applebee's and Ihop are about to endure a major transformation under new CEO Steve Joyce. TheStreet talks with Joyce about what he has planned.
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It's game time for Dine Brands (DIN) - Get Report 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) - Get Report . 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.