Coffee giant on hunt for new president

Dunkin' Brands, the parent company of Dunkin' Donuts and Baskin-Robbins, announced that Paul Twohig, president, Dunkin' Donuts U.S. and Canada, 62, has decided to retire at the end of first quarter 2017.



Dunkin’ plans to name a successor before the end of the year and said it is currently conducting a search which will consider both internal and external candidates.



Twohig will remain in his current position, with responsibility for Dunkin' Donuts U.S. and Canada operations as well as global franchising and store development for both Dunkin' Donuts and Baskin-Robbins, until a successor is appointed. After that, he will remain actively involved with the Company until he retires next year.



"Since joining the Company in 2009, Paul has been a major contributor to Dunkin' Brands' success. During Paul's tenure, we have increased our domestic Dunkin' Donuts store count by more than 30%, adding more than 2,000 net new restaurants across the country," said Nigel Travis, Dunkin' Brands chairman and CEO.



Dunkin' Brands also announced the promotions of Chris Fuqua, 41, to senior VP, Dunkin' Donuts brand marketing, global consumer insights & product innovation, and Scott Hudler,43, to chief digital officer.