Neal Yanofsky is leaving his post as president of Dunkin’ Brands Inc.’s international division, a position that was created when he took the job on May 2.
The parent company of Dunkin’ Donuts and Baskin-Robbins said in a release that it had “reached a mutual agreement that Mr. Yanofsky will be leaving the company.”
Dunkin’ said it is currently seeking a replacement for Yanofsky.
In the meantime, chief executive Nigel Travis will assume responsibility for Dunkin’ Donuts International, and chief financial officer Neil Moses will lead Baskin-Robbins International.
The company also said that chief global marketing and innovation officer John Costello would be directly responsible for worldwide marketing and innovation for both brands. Paul Reynish has been promoted to chief marketing officer for Dunkin’ Brands International and will report directly to Costello, the company said.
Travis said the company remained on track to add between 450 and 500 new Dunkin’ Brands locations outside of the United States this year.
“By consolidating our worldwide marketing and product innovation efforts under John's leadership, we are better positioned to leverage resources, take advantage of global best practices and deliver even more powerful brand messaging in each of the 56 countries where we operate," he said.
Yanofsky served for five years as president of Panera Bread and was chief executive of Generation Mobile, a wireless product retailer.
Dunkin’ Brands Inc. operates more than 16,000 Dunkin’ Donuts and Baskin-Robbins restaurants worldwide.
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