Tony Moralejo will step down as Applebee’s president, effective March 4, 2025.

Tony MoralejoHe will serve as an advisor to the company through June 4, 2025. John Peyton, CEO, Dine Brands, the multiconcept operator that owns the iconic casual dining chain, will serve as interim Applebee’s president while continuing in his current capacity.

The company has initiated a nationwide search for a new Applebee’s president.

Peyton joined Dine Brands in January 2021 as CEO. Prior to that he served as president and CEO of Realogy Franchise Group. His resume also includes a 17-year tenure as a senior executive at Starwood Hotels and Resorts Worldwide.