Panera Bread Co.’s new co-chief executives on Wednesday said recent C-suite changes will have minimal effect on the bakery-café chain’s performance. Ron Shaich, Panera’s chairman, and Bill Moreton, the company president, said during a call to discuss first-quarter earnings with analysts that their new co-chief executive titles, assumed in March, formalized their working relationship at the St. Louis-based company. That co-CEO move, as well as the resignations of ...

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