A Conversation with Dunkin’ Executive Chairman Nigel Travis: Part 1

Dunkin' Executive Chairman Nigel Travis discusses his experience with the leading brand, including the recent name change and public transition.

Read the original at 1851 Franchise
A Conversation with Dunkin’ Executive Chairman Nigel Travis: Part 1

TL;DR

Dunkin' Executive Chairman Nigel Travis discusses his experience with the brand, including the recent name change and public transition. Travis served as CEO of Dunkin' from 2009 to July 2018 and is now the brand's Executive Chairman.

Nigel Travis is no stranger to the franchising industry. Having served as an executive for major companies including Dunkin’, Papa John’s and Blockbuster, he’s been witness to numerous industry changes that have shaped the franchising landscape that we now know today. One of those major changes is currently happening at Dunkin’, which recently dropped the Donuts from his name.

In an interview with 1851 Franchise, Travis dives into his experience with the leading brand. After serving as CEO of Dunkin’ from 2009 to July of 2018 — and now in his role as the brand’s Executive Chairman — Travis explains that the public transition unfolding now is one that’s been in the works behind the scenes for years.

“I think it’s been a natural progression. My predecessor did a lot of great work on beverages. I think we very quickly — and the unit economics worked that I told you about as I was coming in during the recession — realized, we’re on to something with beverages. The beverage margin was clearly a lot higher than some of our food products. I think we also recognized very clearly that donuts still had a role,” said Travis.

He continued, adding, “We also recognized that the other group of products that still was relatively embryonic when I came in and has grown steadily through the time, which is our sandwich line, was an important link because people in the morning wanted a good, affordable breakfast sandwich along with a drink.”

In this story

This story was originally published in 1851 Franchise on November 1, 2018. Burnaze summarizes and links to the original reporting.

Read the full story at 1851 Franchise

Liked this? Get the week's franchise news, explained

  • Sunday 8 AM ET weekly + a monthly deep dive
  • Sections picked for the industries you follow
  • Every claim linked to its source. Free.

Free. We'll ask you to confirm. Unsubscribe anytime.