Company Panera Bread Company (PNRA) Description Panera Bread Company and its subsidiaries is a national bakery-cafe concept with 1,880 Company-owned and franchise-operated bakery-cafe locations in 45 states, the District of Columbia, and Ontario, Canada. With bakery-cafes located in urban, suburban, strip mall, and regional mall locations, Panera features production of high-quality food in a warm, inviting, and comfortable environment. With the company’s identity rooted in handcrafted artisan bread, they bake fresh bread every day and are also committed to providing great tasting, quality food that people can trust. According to the 2014 financial annual reports, the company’s strategy stems from the following statement “ Our menu, operating …show more content…
The management team includes staffs from different academic disciplines and qualification. The management team is headed by Ronald M. Shaich who is the chief executive officer and the founder and chairman of Panera Bread. Mr. Shaich has a wealth of experience and achievements. He was awarded the 2011 MUFSO pioneer award for being one of the most significant contributors to the history of food service industry. He backed a Bachelor of Arts degree from Clark University and MBA from Harvard business school. William W Moreton is the executive vice chairman of Panera bread from august 2013 to date. He is the one overseeing Panera’s legal, HR and consumer packed Goods department. Moreton served as Panera’s chief financial and administrative officer. He obtained a BSC in Accounting and he is a certified public accountant. Michael Bufano is the chief information officer of Panera Bread since April 2015. He is in charge of Panera’s finance, accounting and investor relations department. He has a wealth of experience before joining Panera. He spent nine years with PepsiCo in various strategic, financial planning and business analysis. He obtained a Masters of Business Administration from The Wharton School of