Panera Bread Names Chapman New COO; Maguire Resigns to Run Friendly's

Panera Bread Company PNRA announced today that John Maguire has resigned as Executive Vice President and Chief Operating Officer effective May 31, 2012 to become the Chief Executive Officer of Friendly's Ice Cream LLC. The Company also announced that it has appointed Charles Chapman, III Executive Vice President of Development and Business Development & Licensing to Chief Operating Officer, effective the same date.