Travis to succeed Luther as c.e.o. at Dunkin'
December 10, 2008
by Josh Sosland
CANTON, MASS. — Nigel Travis on Dec. 10 was named chief executive officer of Dunkin’ Brands, the parent company of Dunkin’ Donuts and Baskin-Robbins.
Less than a week earlier Mr. Travis resigned, effective Dec. 30, as president and chief executive officer of Papa John’s International, Inc. Papa John’s said at the time Mr. Travis was pursuing another unspecified opportunity. He will officially join Dunkin’ Brands on Jan. 6.
As head of Papa John’s, a publicly-traded company, Mr. Travis was responsible for more than 3,300 restaurants in the United States and 29 international markets. Systemwide sales total $2.1 billion per year.
Mr. Travis, 58, will succeed Jon Luther, 65, who will stay on as executive chairman. Dunkin’ said Mr. Luther "had been working closely with Dunkin’ Brands’ board of directors since early 2008 to develop a succession plan and identify a new chief executive officer."
Mr. Travis has been with Papa John’s since 2005. Dunkin’ said his tenure was marked by "outstanding results" including consistent earnings growth, excellent franchise relationships and comparable sales better than the company’s competitors.
Before joining Papa John’s, Mr. Travis was with Blockbuster, Inc. for the 10 years ended in 2004. During that time he was elevated to the position of president and chief operating officer.
Earlier, Mr. Travis was with Burger King, first as senior vice-president of human resources and later as managing director for Europe, the Middle East and Africa.
"In Nigel, Dunkin’ Brands has found a leader with a proven track record of delivering extraordinary results," Mr. Luther said. "His wide-ranging achievements in retail and the foodservice industry will strengthen our overall senior leadership team, further enhancing our ability to execute our long-range strategic plans. Nigel’s ability to develop strong franchisee networks, his understanding of the intensely competitive global marketplace, and his innovative, results-oriented style will build on the powerful momentum already in place at our Dunkin’ Donuts and Baskin-Robbins brands."