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Dunkin' Brands' international president departs after 4 months

September 22, 2011

Just four months after being named as international president of Dunkin' Brands, Neal Yanofsky is leaving the company.

Dunkin' Brands announced today that it has reached a mutual agreement with Yanofsky, and has already begun a search for his replacement.

On an interim basis, Nigel Travis, CEO, will assume reporting responsibility for Dunkin' Donuts International, and Neil Moses, Dunkin' Brands CFO, will assume responsibility for Baskin-Robbins International.

"We remain focused on accelerating the international growth of both Dunkin' Donuts and Baskin-Robbins and remain on track to add 450 to 500 net new restaurants outside the United States this year," Travis said.

The company also announced that in support of its emphasis on international growth, John Costello, chief global marketing and innovation officer, will be assuming direct responsibility for worldwide marketing and product innovation for both brands.

Additionally, Paul Reynish, formerly Baskin-Robbins International marketing vice president, is being promoted to chief marketing officer Dunkin' Brands International, reporting to Costello.

"By consolidating our worldwide marketing and product innovation efforts under John's leadership, we are better positioned to leverage resources, take advantage of global best practices and deliver even more powerful brand messaging in each of the 56 countries where we operate," Travis said.

As of the end of Q2 2011, Dunkin' Brands had more than 16,000 Dunkin' Donuts and Baskin-Robbins restaurants with almost 7,000 of those locations in countries outside the U.S. In 2010 the company added more net new locations than almost any other quick-service restaurant chain in the world.

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