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Posted 08 August, 2023

Dutch Bros Inc. appointed Christine Barone as new CEO

NYSE:BROS appointed new Chief Executive Officer Christine Barone in a 8-K filed on 08 August, 2023.


  On August 4, 2023, the Company's Board of Directors approved a transition plan (the Transition Plan) whereby the Board plans to appoint Christine Barone, President of the Company, to the role of Chief Executive Officer and President in concert with Joth Ricci's planned January 2024 departure from his current role of Chief Executive Officer of the Company.  

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Overview of Dutch Bros Inc.
None • None
Dutch Bros, Inc. engages in operating and franchising drive-thru shops that focus on handcrafted beverages. It operates through the Company-Operated Shops, and Franchising and Other segments. The Company-Operated Shops segment consists of coffee shop sales to customers. The Franchising and Other segment is involved in bean and product sales to franchisees and includes the initial franchise fees, royalties, and marketing fees. The company was founded by Travis Boersma and Dane Boersma in 1992 and is headquartered in Grants Pass, OR.
Market Cap
$5.34B
View Company Details
Dutch Bros Inc. by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 4, 2023, the Company's Board of Directors approved a transition plan (the Transition Plan) whereby the Board plans to appoint Christine Barone, President of the Company, to the role of Chief Executive Officer and President in concert with Joth Ricci's planned January 2024 departure from his current role of Chief Executive Officer of the Company.


Any changes to Ms. Barone's compensation in conjunction with the Transition Plan will be determined at a later date.


A copy of the press release issued in connection with the announcement is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.