Wednesday, August 6, 2008

Caribou names New CEO

Caribou Coffee Co. Inc. has named Michael Tattersfield as its new president and CEO, the company announced Monday.
Tatterfield has 20 years of finance, operations and general management experience in the restaurant and specialty retail industries, both domestically and internationally. He most recently served as chief operating officer and executive vice president of Lululemon Athletica Inc., a yoga-inspired athletic-apparel company based in Vancouver, British Columbia. He also previous worked for Limited Brands and Yum! Brands.
“Michael Tattersfield’s industry experience in shaping and executing brand strategies will be an added benefit to Caribou Coffee in addition to his financial and operational expertise,” Brooklyn Center-based Caribou (NYSE: CBOU) Chairman Gary Graves said in a statement. “Caribou Coffee is focused on strategic growth, domestically and internationally, and Mike will guide Caribou Coffee through continued growth and expansion opportunities.”
Tattersfield replaces Roz Mallet, who has served as interim CEO since former chief executive Michael Coles left the company in November 2007.
jvomhof@bizjournals.com (612) 288-2101

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