Panera Brands Names Former JAB Executive Konrad Meyer as CFO

This is an English adaptation of a FoodBud historical article originally published on August 14, 2022.

Panera Brands, the largest bakery-cafe chain group in the U.S., appointed Konrad Meyer as CFO, effective August 22, 2022.

JAB Holding acquired Panera Bread in 2017. In 2021, JAB combined Panera with Caribou Coffee and Einstein Bros. Bagels to form Panera Brands.

Meyer previously worked at JAB and was assigned to Panera Brands as CFO. Before that, he had also served as interim CFO at Pret a Manger.

Panera Brands also said senior vice president Mark Wooldridge would take on CFO responsibilities.

Store Footprint

As of June 30, 2022, Panera Brands had 3,852 locations and 120,000 employees across 11 countries.

• Panera Bread: 2,130 locations across 49 U.S. states and Canada
• Caribou Coffee: 738 locations across 10 countries
• Einstein Bros. Bagels: 984 locations in the U.S.

IPO Plans Put on Hold

Panera Brands had previously planned to go public through a merger with USHG Acquisition Corp., the SPAC company backed by Danny Meyer, but later abandoned the plan. The company said it would choose another listing window in the future.

Note: IPO-related plans and figures are historical as of the original August 14, 2022 article.