Panera’s CEO, Ron Shaich, to step down

RICHMOND HEIGHTS Mo. Panera Bread Co. chief executive Ron Shaich will step down as chief executive next May and be replaced by co-chief operating officer Bill Moreton, the company said late Tuesday.

Shaich, who co-founded the bakery-café concept 28 years ago, will become executive chairman of the board, Panera said. The executive changes will occur at the company’s next annual meeting on May 13, 2010.

Shaich said the change had been under discussion

Register to view the full article

Register to view this article

Already a member? .

TAGS: Archive People
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish