St. Louis-based Panera Brands announced Tuesday the appointment of former Dunkin’ executive Paul Carbone as the company’s new chief financial officer, replacing JAB Holding executive Konrad Meyer, who held the CFO position for less than a year.
“I am excited for Paul to join the team as we continue to focus on long-term value-creation for Panera Brands,” José Alberto Dueñas, CEO of Panera Brands and Panera Bread said in a statement. “Paul’s depth of knowledge and history of success across multiple industries, particularly in the restaurant space, and his dynamic leadership qualities make him an ideal partner as we take Panera Brands to the next level.”
This is the second c-suite change Panera Brands has announced this quarter, as new CEO José Alberto Dueñas, joined the company in May ahead of Panera’s IPO plans.
Carbone joined the Panera Brands team — which includes Panera Bread, Caribou Coffee and Einstein Bros. Bagels — on Aug. 15. He previously held c-suite positions with e-commerce shopping company, TalBots, Yeti Coolers, and most recently, household product design company, SharkNinja. Before that, he had multiple years of experience in the foodservice world as an executive at Dunkin’ Brands for nearly a decade, most recently serving as CFO until 2017.
“I could not be more thrilled to join this dynamic and innovative company at such an energizing and exciting time for the business,” Carbone said in a statement. “I look forward to joining an already outstanding leadership team and accelerating the momentum of Panera Brands to deliver long-term growth and success.”