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Panera announced on November 8, 2017, that founder Ron Shaich was stepping down as CEO, and company president Blaine Hurst would take over. Shaich remained chairman. [42] The company also announced the acquisition of Au Bon Pain. [43] [9] [44] [45] Panera divested Tatte Bakery & Café to Act III Holdings, LLC, owned by Shaich in January 2018. [46]
Ronald M. Shaich (born December 30, 1953) is an American businessman, entrepreneur, investor, and best-selling author who co-founded Au Bon Pain Inc., and later, founded Panera Bread, both of which he served as CEO and chairman. [1]
Amazon logo The Amazon Spheres, part of the Amazon headquarters campus in Seattle. Amazon.com, Inc. is an American conglomerate headquartered in Seattle, Washington.Founded by Jeff Bezos on July 5, 1994, as an online bookstore, Amazon went public after an initial public offering on May 15, 1997, during the midst of the dot-com bubble. [1]
But Shaich returned to Panera as chairman and CEO in 2013. From 2013 to the time of its sale to JAB Holdings in 2017 for $7.5 billion, Shaich was at the leading edge of digital ordering and fast ...
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According to California public records, Flynn, whose company, The Flynn Group, has 24 Panera locations in California, donated several times to Newsom’s 2022 re-election campaign and gave ...
Ron Shaich, then CEO of Panera Bread, purchased over 50% ownership of Tatte in 2016. [12] After Shaich parted ways with Panera, he bought Panera's stake in Tatte and continues to be a lead investor. [13] [14] Despite Shaich's majority stake, Tatte continues to operate as an independent company. [15]
Blaine Hurst is an entrepreneur, businessman, and restaurateur. Currently, Hurst is President and Chief Executive Officer of Panera, LLC. [1] Hurst was named Chief Executive Officer of Panera effective January 1, 2018, following the chain's acquisition by JAB Holdings in July 2017 for roughly $7.5 billion, and served as its President since December 2016.