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October 10, 2015 7:18 AM ET

Food and Staples Retailing

Company Overview of FOCUS Brands Inc.

Company Overview

FOCUS Brands Inc. operates and franchises ice cream shops, bakeries, restaurants, and cafes in the United States and internationally. The company was formerly known as Carvel Holding Corporation and changed its name to FOCUS Brands Inc. in 2004. FOCUS Brands Inc. was founded in 1934 and is based in Atlanta, Georgia.

200 Glenridge Point Parkway

Suite 200

Atlanta, GA 30342

United States

Founded in 1934





Key Executives for FOCUS Brands Inc.

Chief Executive Officer
Age: 61
Group President
Chief Financial Officer
Age: 51
Group President
President of Schlotzsky's
Compensation as of Fiscal Year 2015.

FOCUS Brands Inc. Key Developments

Focus Brands Announces Executive Changes

Bruce Schroder is the new president of Atlanta-based Focus Brands' Moe's Southwest Grill. The move follows Focus Brand leadership changes reported in February by Atlanta Business Chronicle. Focus said in February that Paul Damico, formerly President of Moe's Southwest Grill, has been promoted to Group President and would have oversight for Moe's Southwest Grill, Schlotzsky's Bakery & Cafe, and McAlister's Deli. The position of president of Moe's remained unfilled. Damico has since searched for a leader with both the right experience and the right fit for the brand's irreverent culture, Focus Brands said in a prepared statement. Schroder joins Moe's from Regus, where he most recently served as president, Express North America commercializing a new retail concept designed to better serve mobile workers, Focus said. Schroder previously served as chief operating officer and president of stores for Jamba Juice, where he led the revitalization of the domestic business and supply chain capabilities.

FOCUS Brands Inc. Announces Leadership Changes

FOCUS Brands Inc. announced a number of changes to the leadership team designed to accelerate the company’s growth. As a part of these organizational changes, the following leaders have been promoted: Gary Bales, formerly Chief Concept Officer, has been promoted to Chief Marketing and Strategy Officer and will lead consumer insights and brand strategy. Kat Cole, formerly President of Cinnabon®, has been promoted to Group President, where she will drive global brand growth through consumer packaged goods, foodservice licensing, ecommerce, fundraising, retail and other emerging channels. Paul Damico, formerly President of Moe’s Southwest Grill®, has been promoted to Group President and will have oversight for Moe’s Southwest Grill, Schlotzsky’s® Bakery & Cafe, and McAlister’s® Deli. The position of president of Moe’s currently remains to be filled. Bill Dunn, formerly President of Auntie Anne’s®, has been promoted to Group President, with responsibility for Carvel®, Cinnabon® and Auntie Anne’s. The position of president of Auntie Anne’s currently remains to be filled.

FOCUS Brands Inc. Names Steve DeSutter as President and CEO

FOCUS Brands Inc. announced that Steve DeSutter will join the company as President and Chief Executive Officer on March 17, 2014. Prior to joining FOCUS, DeSutter was the President and CEO of Stripes, LLC. With over $4 billion in sales, Stripes operates approximately 620 convenience stores, and is a wholly owned subsidiary of publicly traded Susser Holdings.

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