RICHMOND HEIGHTS Mo. Panera Bread Co. chief executive Ron Shaich will step down as chief executive next May and be replaced by co-chief operating officer Bill Moreton, the company said late Tuesday. Shaich, who co-founded the bakery-cafÃ© concept 28 years ago, will become executive chairman of the board, Panera said. The executive changes will occur at the companyâ€™s next annual meeting on May 13, 2010.Shaich said the change had been under discussion with the companyâ€™s senior management for ...
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Contact: Desiree Torres Desiree.Torres@penton.com