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Blaine Hurst is an entrepreneur, businessman, and restaurateur. Currently, Hurst is President and Chief Executive Officer of Panera, LLC. [1] Hurst was named Chief Executive Officer of Panera effective January 1, 2018, following the chain's acquisition by JAB Holdings in July 2017 for roughly $7.5 billion, and served as its President since December 2016.
In 1999, in addition to the 20 St. Louis Bread Company stores, Shaich's Panera Bread had more than 150 cafes. [20] [23] By 2000, Panera Bread, under Shaich's leadership, had 227 stores open across 27 states and $202 million in sales. Its stock went from $6 per share in 1999 to $19 per share in 2000 about a year later. [23]
As of 2024, the Group operated around 2,600 franchise locations around the world, primarily of Applebee’s, Arby's, Pizza Hut, Wendy's, Panera Bread, Taco Bell, and Planet Fitness. [8] They had approximately 72,000 employees. [7] The company engages in a complex menu strategy overseen by a team of economists and data scientists. [11]
But Shaich returned to Panera as chairman and CEO in 2013. From 2013 to the time of its sale to JAB Holdings in 2017 for $7.5 billion, Shaich was at the leading edge of digital ordering and fast ...
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Panera delivery vehicle Panera Bread in Canada. Panera Bread is an American chain of bakery-café fast casual restaurants with over 2,000 locations, all of which are in the United States and Canada. Its headquarters are in Sunset Hills, Missouri. The chain operates as Saint Louis Bread Company in the Greater St. Louis area, with over 100 ...
Panera Bread CEO Ron Shaich is firing back at Chipotle's Steve Ells after Ells accused Panera of misleading customers with claims of 'clean' food.