DUNKIN BRANDS GROUP, INC. (NASDAQ:DNKN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
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(b)
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On March 18, 2017, Paul Carbone, Chief Financial Officer of
Dunkin Brands Group, Inc. (the Company), notified the Company that he is resigning from the Company effective as of April 21, 2017. |
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(c)>
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Kate Jaspon, the Companys Vice President, Finance and
Treasurer, will serve as the Companys interim Chief Financial Officer, effective April 21, 2017. The Company has commenced a search for a new chief financial officer, and will consider both internal and external candidates. |
Controller, and has served as Vice President, Finance and
Treasurer since September 2014. Prior to that, she served as Vice
President, Accounting, and Controller since 2010 and assumed the
responsibilities of Corporate Treasurer in December 2011. She
previously served as an audit senior manager at KPMG LLP and is a
licensed certified public accountant.
standard Director and Officer Indemnification Agreement for
executive officers. In connection with her appointment as interim
Chief Financial Officer, the Board of Directors of the Company
approved an annualized stipend to Ms. Jaspon that will be bring
her effective base salary to $350,000.
hereto as Exhibit 99.1 to this Current Report, and is
incorporated herein by reference.
2017
About DUNKIN’ BRANDS GROUP, INC. (NASDAQ:DNKN)
Dunkin’ Brands Group, Inc. is a franchisor of quick service restaurants (QSRs) serving hot and cold coffee and baked goods, as well as hard serve ice cream. The Company franchises restaurants under its Dunkin’ Donuts and Baskin-Robbins brands. The Company operates through four segments: Dunkin’ Donuts-U.S., Dunkin’ Donuts International, Baskin-Robbins International and Baskin-Robbins-U.S. The Dunkin’ Donuts U.S. segment is the United States QSR concept, and markets donut and bagel categories for servings. The Baskin-Robbins-U.S. segment is engaged in serving hard-serve ice cream, and develops and sells a range of frozen ice cream treats, such as cones, cakes, sundaes and frozen beverages. The Company’s Dunkin’ Donuts International segment franchisees are responsible for sourcing their own supplies with its standards. As of December 31, 2016, Baskin-Robbins International segment had a manufacturing network, which consisted of 14 facilities. DUNKIN’ BRANDS GROUP, INC. (NASDAQ:DNKN) Recent Trading Information
DUNKIN’ BRANDS GROUP, INC. (NASDAQ:DNKN) closed its last trading session down -0.93 at 57.00 with 1,323,310 shares trading hands.
