Dunkin’ Brands shuffles board
Canton, Mass. – Dunkin’ Brands Group Inc., parent company of Dunkin’ Donuts and Baskin Robbins, has named current CEO Nigel Travis, 63, as chairman of the board of directors. Board member Raul Alvarez, 57, has been appointed lead independent director of the board. These changes come as Jon Luther, 69, prepares to retire as director and chairman of the board effective May 15.
Travis was named CEO in January 2009 while Luther joined Dunkin’ Brands as CEO in January 2003 and was named chairman of the board in 2006. Alvarez is former COO and president of McDonald’s Corporation and joined the Dunkin’ Brands board in May of last year.
"All of us at Dunkin' Brands owe Jon Luther a tremendous debt of gratitude for his leadership and his vision," said Travis. "Thanks in large part to his efforts, Dunkin' Donuts and Baskin-Robbins are world-class brands and are well positioned for growth. On behalf of our employees and franchisees from around the world, I wish Jon and his family the very best in the years ahead."