– USA, MO – Panera Brands today announced the appointment of Mike Tattersfield to its Board of Directors, effective immediately, while Board Member Pat Grismer is stepping into the role of Lead Independent Director.
The appointments are another step in the preparation of Panera’s upcoming IPO.
About Patrick Grismer
Pat Grismer, who joined the Board in 2022, currently Chairs the Board’s Audit Committee, and brings extensive financial experience including nine years as a public company CFO at Starbucks, Hyatt Hotels, and Yum! Brands.
About Michael Tattersfield
Mike Tattersfield is a highly seasoned, world-class brand builder, having led Krispy Kreme through significant growth and transformation as CEO over the past seven years. He also has significant public company experience, including having been CEO of Caribou Coffee Company. Mr. Tattersfield will be appointed Chairman of the Board in January 2024 and together with Mr. Grismer will help oversee and support the Panera team.
About Panera Brands
Panera Bread opened in 1987 as a community bakery, founded with a secret sourdough starter and a belief that sharing great bread is an expression of warmth and generosity. That vision holds today with a robust menu of delicious, chef-curated recipes created with a simple principle: The Familiar, Made Fantastic™. At Panera, we serve food that we are proud to serve our own families, made with responsibly raised proteins and freshly prepared with Clean ingredients–food that does not contain the artificial preservatives, sweeteners, flavors, and colors from artificial sources set forth on our No-No list served in U.S. bakery-cafes. From crave-worthy soups, salads, and sandwiches to flatbread pizza and sweets, we offer our guests more than great food. Our ethos of generosity drives us to meet our guests where they are through technology and our shared values. We are stewards of our communities and the planet — with programs like Day-End Dough-Nation that donates unsold baked goods in the evening to local non-profits, or labeling climate-friendly low carbon Cool Food Meals.
As of August 29, 2023, there were 2,131 bakery cafes, companies, and franchises, in 48 states and Ontario, Canada, operating under the Panera Bread or Saint Louis Bread Co. names. Panera Bread is part of Panera Brands, one of the largest fast-casual restaurant companies in the U.S., comprised of Panera Bread, Caribou Coffee, and Einstein Bros. Bagels.
For more information: https://www.panerabread.com/
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