RICHMOND HEIGHTS Mo. Panera Bread Co. chief executive Ron Shaich will step down next May and be replaced by co-chief operating officer Bill Moreton. Shaich, who co-founded the bakery-café concept 28 years ago, will become executive chairman of the board, and the changes will occur at the company’s next annual meeting on May 13, 2010. Shaich said the move had been under discussion with the company’s senior management for years and would allow him “to contribute to the broader ...

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