Einstein Noah: Announces Resignation of COO

Lakewood / CO. (enr) Einstein Noah Restaurant Group Inc., a leader in the quick-casual segment of the restaurant industry operating under the Einstein Bros. Bagels, Noah´s New York Bagels and Manhattan Bagel brands, announced that Chief Operations Officer Emanuel P.N. Hilario has tendered his resignation to the Company. Hilario will depart the Company in the next several weeks after he has completed assisting with the transition. The Board of Directors has opted not to fill the position until after a permanent President and Chief Executive Officer is named, although there is no specific time-frame for such an appointment. Effective immediately, Einstein Noah´s three Regional Vice Presidents of Operations will share Hilario´s responsibilities and report directly to Michael Arthur, Interim President and Chief Executive Officer. Arthur: «On behalf of the entire organization, we appreciate Emanuel´s contributions to Einstein Noah and wish him well in the next phase of his career. Manny has been an instrumental member of our executive team since 2010 and brought a fresh perspective to the CFO and later the Chief Operations Officer role. We thank him for his leadership, professionalism and determination in helping us attain ever higher levels of performance across various business disciplines».

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