Panera Bread names Earl Ellis as new CFO

Core Insights - Panera Bread has appointed Earl Ellis as the new Chief Financial Officer (CFO), effective immediately, marking a significant leadership change within the company [1][4] - Ellis brings extensive experience from previous roles at ABM Industries, Coca-Cola, Campbell Soup Company, Kraft Foods, Best Buy, and Canadian Tire, which positions him well to drive Panera's growth strategy [2][3] Leadership Transition - Earl Ellis will be part of the executive leadership team and report directly to CEO Paul Carbone, indicating a collaborative approach to leadership [1] - Ellis succeeds Megan Mikolaichik, who held the CFO position since January 2025, highlighting a recent shift in the company's financial leadership [4] Strategic Focus - The company aims to strengthen its core business, enhance guest experience, and drive long-term profitable growth under Ellis's financial stewardship [2] - CEO Paul Carbone emphasized that Ellis's proven track record in scaling complex organizations and leading transformations will be crucial for Panera's evolution [2][4] Company Background - Panera Brands encompasses multiple brands, including Panera Bread, Caribou Coffee, and Einstein Bros Bagels, indicating a diverse portfolio within the fast-casual dining sector [5]