FOCUS Brands Announces Key Leadership Changes

Industry leading executives Gary Bales, Kat Cole, Paul Damico and Bill Dunn Promoted

ATLANTA - February 05, 2015 - (BUSINESS WIRE) - FOCUS Brands, Inc. today announced a number of changes to the leadership team designed to accelerate the Company's growth. These leadership changes will enhance the sharing of best practices across brands, driving innovation and adding value to the business. The leadership structure builds on the Company's core strength as a global franchisor and supports the Company's vision of being a leading developer of global, multi-channel food service brands.

"FOCUS Brands has had great success acquiring and growing foodservice brands over the years. We expect to unleash even more of our brands' potential with the new leadership structure," said FOCUS Brands® CEO Steve DeSutter. "Building on our strengths, leveraging our scale and adding new customer-centric capabilities improves our go-to-market competencies."

As a part of these organizational changes, the following leaders have been promoted:

  • Gary Bales, formerly Chief Concept Officer, has been promoted to Chief Marketing and Strategy Officer and will lead consumer insights and brand strategy.
  • Kat Cole, formerly President of Cinnabon®, has been promoted to Group President, where she will drive global brand growth through consumer packaged goods, foodservice licensing, ecommerce, fundraising, retail and other emerging channels.
  • Paul Damico, formerly President of Moe's Southwest Grill®, has been promoted to Group President and will have oversight for Moe's Southwest Grill, Schlotzsky's® Bakery & Cafe, and McAlister's® Deli. The position of president of Moe's currently remains to be filled.
  • Bill Dunn, formerly President of Auntie Anne's®, has been promoted to Group President, with responsibility for Carvel®, Cinnabon® and Auntie Anne's. The position of president of Auntie Anne's currently remains to be filled.

"We are extremely excited about the potential these changes will bring to our organization," said Mr. DeSutter. "I'm confident that this new approach will strengthen our ability to grow and continue to compete as a leader in the foodservice industry."

About FOCUS Brands Inc.

Atlanta-based FOCUS Brands Inc. is the franchisor and operator of over 4,000 ice cream shoppes, bakeries, restaurants and cafes in the United States, the District of Columbia, Puerto Rico and 60 foreign countries under the brand names Carvel®, Cinnabon®, Schlotzsky's®, Moe's Southwest Grill®, Auntie Anne's® Pretzels and McAlister's® Deli, as well as Seattle's Best Coffee® on certain military bases and in certain international markets. Please visit www.focusbrands.com to learn more.

Contact:

Erin McMenomy
FOCUS Brands, Inc.
emcmenomy@focusbrands.com
678-690-5470

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