Panera Brands Appoints Konrad Meyer as Chief Financial Officer

August 12, 2022 - Panera Brands Inc. is pleased to announce the appointment of Konrad Meyer as Chief Financial Officer, effective August 22, 2022. Mr. Meyer joins Panera Brands from JAB, where he has been a Partner helping to source and oversee its investments, including its fast casual restaurant portfolio. He brings significant experience in the industry, including previously serving as interim CFO of Pret a Manger.

Ted Stedem, current Panera Brands CFO, is stepping down from his role to pursue other interests after supporting the company during a time of significant evolution and growth. In addition to the appointment of Mr. Meyer to CFO of Panera Brands, Mark Wooldridge, SVP, Controller and Chief Accounting Officer, will also assume the responsibilities of Panera Bread Chief Financial Officer.

“Ted has been an outstanding colleague and partner, and we are grateful for his many contributions over the last three years as Panera has continued to thrive and grow,” commented Niren Chaudhary, CEO of Panera Brands and Panera Bread. “At the same time, we are truly excited to welcome Konrad Meyer as Panera Brands’ Chief Financial Officer. Konrad is a trusted partner and a friend who has extensive industry experience, including numerous financial and investment leadership positions, as well as a deep familiarity with Panera, which will make him a valuable member of our management team as we continue to execute our strategy and build on our leading portfolio of brands.”