
Why Skills-First Leadership Is Replacing the Ivy League Playbook in the C-Suite
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
Panera Brands announced on Tuesday that José Alberto Dueñas, the company’s Chief Executive Officer, has stepped down from his position, effective immediately. Mr. Dueñas will transition to the role of Special Advisor to the company through the end of March. Concurrently, Paul Carbone, the company’s Chief Financial Officer, was appointed Interim CEO while the board of directors searched for a permanent replacement.
Mr. Dueñas assumed the CEO role in July 2023, following his tenure as President and CEO of Einstein Bagels before its merger with Panera. During his time as CEO, Panera Brands undertook several initiatives to enhance the customer experience, including menu innovations and an emphasis on digital ordering and delivery.
Mr. Carbone brings a wealth of experience to the interim CEO role. Before joining Panera in 2023, he served as Chief Financial Officer at Dunkin’ Brands for five years. His financial acumen and leadership experience are expected to provide stability and continuity during this transition period.
Panera Brands, which encompasses the popular Panera Bread, Caribou Coffee, and Einstein Bros. Bagels brands, operates in a highly competitive and dynamic market. The company faces ongoing challenges, including inflationary pressures, labor shortages, and evolving consumer preferences.
The appointment of Mr. Carbone as Interim CEO signifies a commitment to ensuring a smooth transition and maintaining operational continuity while the board of directors thoroughly searches for a permanent successor. The company will seek a leader with a strong track record of success in the restaurant industry and a deep understanding of the evolving consumer landscape.
The old prestige pyramid—where Ivy League degrees and blue-chip consulting backgrounds paved the way to the CEO seat—is cracking.
Loud leaders once ruled the boardroom. Charisma was currency. Big talk drove big valuations.
But the CEOs who make history in downturns aren’t the ones with the deepest cuts
Companies invest millions in leadership development, yet many of their best executives leave within a few years. Why?
The most successful business leaders don’t just identify gaps in the market; they anticipate future needs before anyone else.
With technological advancements, shifting consumer expectations, and global interconnectedness, the role of business leaders
Zelenskiy–Trump summit boosts markets as equities rise and the dollar steadies amid growing peace hopes. Investors await Fed insights at Jackson Hole for further direction.
Statistics Canada is investigating an accidental early release of June manufacturing data, raising concerns over data governance and market integrity. The agency has launched an internal review to strengthen its publishing protocols.
Investor confidence in France is deteriorating as political gridlock and budgetary uncertainty deepen.
The Fort McMurray First Nation Group of Companies is the wholly owned business entity of Fort McMurray 468 First Nation. It was established in 1987 as Christina River Enterprises, and the organization rebranded as FMFN Group in 2021. Providing Construction, Custodial, Petro-Canada Fuel & Convenience Store, and Transportation services to a broad portfolio of customers, the Group of Companies is creating financial stability and prosperity for the Nation.
Leave us a message
Subscribe
Fill the form our team will contact you
Advertise with us
Fill the form our team will contact you