Dunkin's chief global strategy officer steps down after six months

 
Nov. 14, 2012

Neil Moses, chief global strategy officer of Dunkin' Brands Group Inc., has announced that he is stepping down, according to the Boston Herald. He will serve in the position until mid-March.

Moses was promoted to the chief global strategy officer position in June, from his role as chief financial officer, which he held since November 2010.

In a statement, the parent company of Dunkin' Donuts and Baskin-Robbins brands said it will not replace his position. His current responsibilities will be assumed by other members of the executive team.

In his CFO role, Moses was instrumental in Dunkin' Brand's IPO in 2011.

Moses joined Dunkin' Brands in November 2010. He had previously served as EVP, CFO of Parametric Technology Corporation (PTC), a Massachusetts-based software company. Prior, Moses served as the CFO for a variety of companies in the technology and retail sectors.

Dunkin' Donuts plans 11 new Wisconsin units

Dunkin' Donuts has signed a multi-unit store development agreement with existing franchise group, Zee Development Group LLC, for 11 restaurants throughout Green Bay and Milwaukee, Wisc. The first restaurant is planned to open in 2014 and the remainder by 2019.

Consisting of six existing Dunkin' Donuts franchisees, the partners of Zee Development Group LLC, currently own and operate nearly 400 Dunkin' Donut restaurants in metro and upstate New York, Massachusetts, Pennsylvania, New Jersey, Connecticut and Central and Southern Milwaukee.

Most recently in December 2010, this group signed a multi-unit store development for 36 restaurants in Central and Southern Milwaukee under the entity Milwaukee Brewing Company of which four are now currently open in the area.

"We are excited to continue to expand Dunkin' Donuts' presence in Green Bay and Milwaukee and play an important role in the daily lives of people who live, work and visit here," said franchisee Mark Cafua. "As long-term Dunkin' Donuts franchisees, we all have a collective passion and dedication for the brand and we look forward to the opening of our new Dunkin' Donuts restaurants in the years to come."

Franchise opportunities are still available in LaCrosse, Wisc.

Read more about operations management or franchising and growth.


Topics: Coffee/Bakery/Donut , Financing and capital improvements , Franchising & Growth , Operations Management


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