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4-Traders Homepage  >  Equities  >  Nasdaq  >  Dunkin Brands Group Inc    DNKN

Delayed Quote. Delayed  - 10/25 10:00:00 pm
48.17 USD   -1.47%
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Dunkin Brands Group Inc : Dunkin' Brands Appoints Three New Presidents; Promotes Scott Murphy To Senior Vice President, Chief Supply Officer

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03/07/2013 | 05:05pm CEST

CANTON, Mass., March 7, 2013 /PRNewswire/ -- Dunkin' Brands Group, Inc. (Nasdaq: DNKN), the parent company of Dunkin' Donuts and Baskin-Robbins, today announced that it has appointed three members of the Company's senior management team to the role of President.

(Logo: http://photos.prnewswire.com/prnh/20120516/NE07970LOGO )

John Costello has been appointed President, Global Marketing & Innovation, and he will continue to lead all Global Marketing, Product Development and Channel businesses across both Dunkin' Donuts and Baskin-Robbins.

Bill Mitchell has been appointed President, Baskin-Robbins U.S. & Canada, and he will continue to lead the Baskin-Robbins Operations team.

Paul Twohig has been appointed President, Dunkin Donuts U.S. & Canada. He will continue to lead the Dunkin' Donuts Operations, Franchising and Development teams. Twohig assumes the title of President, Dunkin' Donuts U.S. from Chief Executive Officer Nigel Travis, which will allow Travis to spend more time working with franchisees around the world and on positioning the company for continued growth in the future.

"These appointments to president are well deserved by John, Bill and Paul who have each contributed greatly to Dunkin' Brands considerable success," said Nigel Travis, Dunkin' Brands CEO. "Most importantly, these appointments will give me more time to spend with our franchisees around the world as we work to continue to drive their profitability and our shareholder value."

Dunkin' Brands today also appointed Scott Murphy as Senior Vice President, Chief Supply Officer. In this new role, Murphy will help drive franchisee profitability around the world by driving further supply chain efficiencies for both Dunkin' Donuts and Baskin-Robbins. Murphy, who had formerly been over Dunkin' Donuts global supply chain, will report directly to Dunkin' Brands' CEO Nigel Travis.

"During his nine years with Dunkin' Brands, Scott has played a key role in strengthening our Dunkin' Donuts supply chain. Most importantly, he played a significant role in the merger of our franchisee-owned distribution and procurement facilities into one national entity, which will result in uniform product costs for Dunkin' Donuts franchisees across the U.S.," said Travis. "As we continue to expand both Dunkin' Donuts and Baskin-Robbins around the world, Scott will oversee a variety of supply chain initiatives designed to improve restaurant economics and franchisee profitability."

About Dunkin' Brands Group, Inc.

With more than 17,400 points of distribution in nearly 60 countries worldwide, Dunkin' Brands Group, Inc. (Nasdaq: DNKN) is one of the world's leading franchisors of quick service restaurants (QSR) serving hot and cold coffee and baked goods, as well as hard-serve ice cream. At the end of fiscal year 2012, Dunkin' Brands' nearly 100 percent franchised business model included more than 10,400 Dunkin' Donuts restaurants and nearly 7,000 Baskin-Robbins restaurants. For the full-year 2012, the company had franchisee-reported sales of approximately $8.8 billion. Dunkin' Brands Group, Inc. is headquartered in Canton, Mass.

SOURCE Dunkin' Brands Group, Inc.

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