Peet's Coffee & Tea, Inc. Elects Ted W. Hall to Board of Directors
October 06 2008 - 1:00PM
PR Newswire (US)
EMERYVILLE, Calif., Oct. 6 /PRNewswire-FirstCall/ -- Peet's Coffee
& Tea, Inc. (NASDAQ:PEET), the premier specialty coffee and tea
company in the U.S., today announced that Ted W. Hall has been
elected to its Board of Directors. (Logo:
http://www.newscom.com/cgi-bin/prnh/20070606/AQW139LOGO) Hall is an
entrepreneur and business leader with extensive operating and
consulting experience in technology-related businesses,
professional services, financial services, and natural resources.
He has also served on the boards of several companies with
industry-leading consumer brands. For more than 27 years Hall
served as a leader and operating manager of McKinsey & Company,
a leading global consulting firm. He was Managing Partner of the
firm's San Francisco office before assuming significant worldwide
responsibilities for the firm. For 12 years he served as an elected
member of the Shareholders Committee, which is McKinsey's Board of
Directors. During his tenure with McKinsey, Hall worked with chief
executives and boards of directors of Fortune 50-size companies
around the world in the areas of strategy and organization. A
leading thinker on microeconomics and business, he has spoken and
written about the evolving global economy in many venues such as
the annual World Economic Forum, the State of the World Forum, the
Commission on Globalization, and the Wall Street Journal. Hall is
currently a general partner of Long Meadow Ranch and President of
Long Meadow Winery in Napa Valley as well as Managing Director of
Mayacamas Associates, a consulting firm. Hall serves as a director
of Dolby Laboratories, Inc. and as a director of Williams-Sonoma,
Inc. Hall is also a former Chairman of the Board of The Robert
Mondavi Corporation, a global producer of fine wines. Hall holds a
bachelor's degree in electrical engineering from Princeton
University and a master's degree in business administration from
Stanford University. He has served on the boards of directors of a
wide range of educational and civic organizations. "We are
delighted to have Ted join the Peet's Board," said Patrick O'Dea,
President and Chief Executive Officer of Peet's Coffee & Tea,
Inc. "His extensive knowledge and experience developed over 27
years with McKinsey, along with his work with other premier
consumer brands, will serve the company well." ABOUT PEET'S COFFEE
& TEA, INC. Peet's Coffee & Tea, Inc. (PEET), is the
premier specialty coffee and tea company in the United States.
Peet's buys the highest quality beans in the world, artisan roasts
every bean by hand to order, and delivers all of its coffee quickly
for superior freshness no matter where it is sold. Founded in 1966
in Berkeley, Calif., by Alfred Peet, who is widely recognized as
the grandfather of specialty coffee in the U.S., Peet's has a
rapidly growing, passionate customer following that seeks out
Peet's coffees wherever they go. Peet's is committed to
strategically growing its business through many channels without
compromising the extraordinary quality of its coffee. For more
information about Peet's Coffee & Tea, Inc. visit
http://www.peets.com/.
http://www.newscom.com/cgi-bin/prnh/20070606/AQW139LOGO
http://photoarchive.ap.org/ DATASOURCE: Peet's Coffee & Tea,
Inc. CONTACT: Patsy Barich of Double Forte, +1-415-848-8104, , for
Peet's Coffee & Tea, Inc. Web site: http://www.peets.com/
Copyright
Peets Coffee & Tea, Inc. (MM) (NASDAQ:PEET)
Historical Stock Chart
From Jun 2024 to Jul 2024
Peets Coffee & Tea, Inc. (MM) (NASDAQ:PEET)
Historical Stock Chart
From Jul 2023 to Jul 2024