Panera appoints interim financial chief

Related tags Corporate governance Management occupations Chief financial officer

The Panera Bread Company has appointed Thomas Patrick Kelly as its interim chief financial officer (CFO) following the departure of former finance chief Jeff Kip.

Kip recently left the company to join IAC/Interactive Corp. (IACI).

Kelly joins on a temporary basis having previously served as interim CFO for Hawker Beechcraft Corp.

Panera president and co-CEO Bill Moreton said:  “As an experienced financial executive with over 10 years of CFO and CEO experience on both a permanent and interim basis in various industries ranging from airlines to manufacturing to technology, Patrick provides Panera with the expertise and experience we are looking for during this transition."

“The search for our permanent CFO is on-going and we anticipate that it will take four to six months to find the right permanent replacement."

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