Panera Brands is changing its leadership before it holds an initial public offering of its stock, the company announced Tuesday.
José Alberto Dueñas will become the new CEO, the company said. Dueñas is now president and CEO of Einstein Bros. Bagels, which is owned by Panera. The current Panera CEO, Niren Chaudhary, will become chairman of Panera Brands.
In addition, the Sunset Hills, Missouri-based company announced its new chairman of the audit committee, Patrick Grismer, a former Starbucks chief financial officer.