Einstein Noah Restaurant Group Announces CFO Departure
LAKEWOOD, Colo., Mar 18, 2010 (GlobeNewswire via COMTEX) -- Einstein Noah Restaurant Group (Nasdaq:BAGL), a leader in the quick-casual segment of the restaurant industry operating under the Einstein Bros.(R) Bagels, Noah's New York Bagels(R), and Manhattan Bagel(R) brands, today announced that its Chief Financial Officer, Rick Dutkiewicz, is leaving the Company to pursue other interests. Mr. Dutkiewicz served as Chief Financial Officer of Einstein Noah since October 2003 and his departure will become effective on April 9, 2010.
The Company has engaged a prominent executive search firm to identify a replacement and management is confident that the process will conclude quickly and without disruption to the business.
Jeff O'Neill, Chief Executive Officer and President of Einstein Noah, stated, "On behalf of the Board of Directors and myself, I would like to thank Rick for his contributions to the Company. We wish him the best in all future endeavors. Meanwhile, our key business strategies and focus for 2010 remain on track. In addition, an executive search is well underway and we expect to fill the CFO position in short order."
About Einstein Noah Restaurant Group
Einstein Noah Restaurant Group, Inc. is a leading company in the quick-casual restaurant industry that operates locations primarily under the Einstein Bros.(R) Bagels and Noah's New York Bagels(R) brands and primarily franchises locations under the Manhattan Bagel(R) brand. The company's retail system consists of more than 680 restaurants, including more than 175 license locations, in 36 states plus the District of Columbia. It also operates a dough production facility. The company's stock is traded under the symbol BAGL.
SOURCE: Einstein Noah Restaurant Group, Inc.