Panera Bread Announces Bill Moreton, Ron Shaich to Become Co-CEOs

27% profit every 20 days?

This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.

Panera Bread Company(NASDAQ: PNRA) has announced that Founder and Executive Chairman, RonShaich, and President and Chief Executive Officer, Bill Moreton, willbecome co-CEOs, effective immediately. The transition to co-CEOs formalizes a relationship that has evolvedover the last year and is a reflection of the way in which Shaich andMoreton have been operating as partners. This change in titles issimply a statement of their partnership and shared commitment toPanera. Effective today, each individual's formal title will be as follows:Ron Shaich, Chairman of the Board and co-CEO; Bill Moreton, Presidentand co-CEO.

27% profit every 20 days?

ENTER TO WIN $500 IN STOCK OR CRYPTO

Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!