Caribou Coffee Names Scott Kennedy Chief Executive Officer

MINNEAPOLIS, Sept. 2, 2025 /PRNewswire/ -- Caribou Coffee, a leading specialty coffee retailer, today announced the appointment of Scott Kennedy as President and Chief Executive Officer, effective immediately. Kennedy previously served as Chief Financial Officer and was appointed to the role of Interim CEO in March 2025.

"I am delighted to announce Scott's appointment as President and CEO of Caribou Coffee. I am confident Scott's focus on building a winning team and culture along with delivering exceptional guest experiences in our Caribou coffeehouses everyday will help make this great brand a great business," said José Cil, Chairman of the Board of Caribou Coffee.

"I'm honored to take on the role of President and CEO at Caribou Coffee," said Kennedy. "Caribou Coffee is a beloved brand with a strong foundation of exceptional products and a welcoming coffeehouse experience. Looking ahead, I see tremendous opportunity to accelerate our growth, expand our reach, and continue elevating what makes Caribou unique. I'm excited to partner with our talented team to seize these opportunities and deliver even greater value to our guests and stakeholders."

Before joining Caribou, Kennedy spent 14 years in executive positions at Target Corporation, the last six years as President, Financial & Retail Services. Earlier, he spent almost 16 years at KPMG, with the last two years as Partner. Mr. Kennedy received his Bachelor of Arts in Accounting from the University of Canberra.

About Caribou Coffee®
Caribou Coffee serves high-quality handcrafted beverages and crave-worthy food in more than 800 coffeehouses worldwide. Since opening our first location in 1992, we've been committed to building personal connections in every experience. This desire drives our dedication to supporting our communities and crafting menu items with premium ingredients like specialty-grade coffee and real chocolate chips in our handcrafted beverages. Focused on smart growth, we operate and franchise coffeehouses across 11 countries, with the purpose of creating day-making experiences that spark a chain reaction of good.

Caribou Coffee is part of Panera Brands, alongside Panera Bread® and Einstein Bros.® Bagels. To learn more, visit cariboucoffee.com, follow Caribou Coffee on social media, or download the Caribou Coffee app to join Caribou Perks and start earning rewards.

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SOURCE Caribou Coffee