Moreton will step down from the co-CEO role to attend to "a family matter."
Panera Bread Co. said Tuesday Ron Shaich will again become sole chief executive of the bakery-café chain when Bill Moreton, currently co-CEO and president, transitions to the role of executive vice chairman on Aug. 1. Shaich and Moreton, who have been co-CEOs since March 2012, said the transition was being made so Moreton, who will remain involved in management, would have more time to attend to “a family matter.” “As a result of this family matter, I have ...
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Contact: Desiree Torres Desiree.Torres@penton.com