Peet's Coffee & Tea, Inc. Elects David Deno to Board of Directors
August 22 2006 - 4:00PM
PR Newswire (US)
EMERYVILLE, Calif., Aug. 22 /PRNewswire-FirstCall/ -- Peet's Coffee
& Tea, Inc. (NASDAQ:PEET), a specialty coffee roaster and
marketer, today announced that David Deno was elected to Peet's
Board of Directors. "We are extremely pleased to have Dave join the
Peet's Board," said Jean-Michel Valette, chairman of the board,
Peet's Coffee & Tea, Inc. "He is a distinguished operating
executive with extensive consumer service experience in companies
much larger than ours who will be extraordinarily valuable to
Peet's as we continue to grow our multi-channel business." Deno is
a respected 25-year veteran of the restaurant industry having held
positions of increasing responsibility in finance and operations.
He recently concluded a 15-year career with YUM! Brands, Inc. where
he served as chief operating officer and, prior to that, as chief
financial officer. In addition, Deno held numerous positions in
restaurant operations and finance in the company's International
and Pizza Hut divisions. Prior to YUM!, he held various finance and
operations positions with The Pillsbury Company and Burger King
Corporation. In October Mr. Deno will become a managing director at
CCMP Capital Advisors, LLC, a private equity firm formed in August
2006 by the former buyout/growth equity firm JP Morgan Partners.
ABOUT PEET'S COFFEE & TEA, INC. Founded in Berkeley, Calif. in
1966, Peet's Coffee & Tea, Inc. is a specialty coffee roaster
and marketer of fresh, deep-roasted whole bean coffee for home and
office enjoyment. Peet's fresh-roasted coffee, hand-selected tea
and related items are sold in several distribution channels
including grocery, home delivery, office and food service accounts
and company-owned stores throughout the United States. For
information about Peet's Coffee & Tea, Inc. visit
http://www.peets.com/ or call 1-800-999-2132. Peet's Coffee &
Tea, Inc. shares are traded under the symbol PEET. DATASOURCE:
Peet's Coffee & Tea, Inc. CONTACT: Jennifer Strasburg of Weber
Shandwick, +1-415-449-0125, or , for Peet's Coffee & Tea, Inc.
Web site: http://www.peets.com/
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