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Dunkin' Donuts Gets Early Morning CEO

A bunch of people at Dunkin' Brands today probably need one of those big jugs of coffee they sell that you see on the sidelines of youth soccer games on Sunday morning. At 5:00 a.m. EST, a story moved across PR Newswire (how quaint a notion; I can hear the clack-clack-clack of wire machines inside my head) that Nigel Travis, who resigned last week as CEO of Papa John's, has been appointed CEO. Jon Luther will remain at the company as executive chairman of the board.

It all started with a story by Jenn Abelson in this morning's print edition of The Boston Globe. Three sources had told her about the hiring of Travis, but Dunkin' chief global communications officer Stephen Caldeira issued a statement last night saying that "chairman and CEO Jon Luther has been working closely with our board of directors on succession planning since early 2008. We have no specifics about that plan to announce at this time."

A few hours later it did. Late Tuesday, Blue MauMau, a blog covering the franchise world, got its hands on an email to Dunkin' franchise owners in which Luther says, "Due to an unexpected story posted on the Boston Globe website tonight, we are sending you this information a bit earlier than planned."

"Nigel's ability to develop strong franchisee networks, his understanding of the intensely competitive global marketplace, and his innovative, results-oriented style will build on the powerful momentum already in place at our Dunkin' Donuts and Baskin-Robbins brands," Luther says in the release

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Read the whole story at Marketwatch, Boston Globe, Blue Mau-Mau »

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