August 17, 2011
Dunkin' Brands Group Inc., parent company of Dunkin' Donuts and Baskin-Robbins, has appointed Michael F. Hines to the company's board of directors. Hines will also serve as the chair of the Audit Committee.
"We are very pleased to welcome Michael to the Dunkin' Brands board of directors, and look forward to his leadership as chairman of our Audit Committee," said Nigel Travis, CEO, Dunkin' Brands Inc. and president, Dunkin' Donuts U.S. "Given his broad financial, retail and board experience, he will be an invaluable resource for the company as we begin a new chapter as a public company and continue to execute our strategy to grow our brands globally."
Hines has more than 30 years of experience as a financial executive and certified public accountant, including 21 years in the retail industry. In addition to his industry expertise, Hines brings an extensive background in accounting, controls, financial reporting, tax, finance, risk management and financial management.
He served as the executive vice president and chief financial officer of Dick's Sporting Goods Inc. from 1995 to 2007, where he oversaw significant growth and expansion and led the company through its successful IPO. Prior to Dick's Sporting Goods, Hines served as the vice president of Finance for Staples Inc., where he was responsible for the early development of the accounting and finance organization and a range of financial duties as sales grew from $200 million to $2 billion during his 5-year tenure.
Hines spent 12 years in public accounting, with the last eight years with the accounting firm Deloitte & Touche LLP. Hines is also a director of GNC Holdings Inc. and of The TJX Companies Inc. He was a director of The Yankee Candle Company, Inc. from 2003 until the company was acquired by a private equity group in 2007. He received a bachelor's degree in accountancy and a master's degree in taxation from Bentley University.
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