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Panera Bread names CFO
St. Louis -- Panera Bread Company announced that Roger C. Matthews, Jr., has been appointed Panera's EVP and CFO, effective March 18.
Matthews most recently served as managing director and sector head of the U.S. Restaurant Industry in Goldman Sachs' Investment Banking Division.
Pat Kelly, who has served as Panera's Interim CFO since April 2012, will remain in place until the end of March to ensure a smooth transition. -
Mood Media to retire Muzak brand name
Toronto -- Mood Media announced that it is consolidating its portfolio companies — Muzak, DMX and Mood Media — into a single global brand under the Mood banner. Mood acquired Muzak, which was founded in 1934, in 2011.
“It’s the end of an iconic American brand,” said Lorne Abony, chairman and CEO Mood Media, in a New York Times report.