Chain launches search for new international president, while Travis and Moses assume the responsibilities on an interim basis.
Neal Yanofsky, president of Dunkin' Brands International (Nasdaq: DNKN), is leaving the company effective immediately. Dunkin' Brands Group, which is the parent company of Dunkin Donuts and Baskin-Robbins, announced Yanofsky's departure as part of a mutual agreement reached by the two parties.
On an interim basis, Nigel Travis, Dunkin' Brands chief executive officer will assume responsibility for Dunkin' Donuts International and Neil Moses, Dunkin' Brands chief financial officer, will assume responsibility for Baskin-Robbins International. The company has initiated a search for Yanofsky's replacement.
Dunkin' Brands also announced John Costello, chief global marketing and innovation officer, will assume direct responsibility for worldwide marketing and product innovation for both brands. Additionally, Paul Reynish, formerly Baskin-Robbins international marketing vice president, is being promoted to chief marketing officer for Dunkin' Brands International, reporting to Costello.