Einstein Noah: Appoints President and Chief Executive

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 the appointment of Frank G. Paci as President and Chief Executive Officer, effective September 15, 2014. Paci succeeds Michael Arthur who has filled the position on an interim basis since February 2014. Arthur will continue to serve as a Board Director. Nelson Heumann, Chairman of the Board, stated, «Frank is a highly experienced executive and an exceptional leader in the restaurant industry. We are delighted to welcome him to Einstein Noah Restaurant Group (…). We appreciate Michael for stepping into the President and CEO roles on an interim basis. His contributions ensured a smooth and orderly transition over the past six months». Paci is an accomplished executive with over 25 years of experience leading top retail brands. He has a proven track record of success leading consumer growth companies, having most recently served as President and CEO at McAlister’s Deli, a 300 plus unit fast casual concept, since September 2010. During his tenure at McAlister’s, the concept earned national recognition in the fast-casual segment and generated over three years of same stores sales increases. Paci: «I am excited to join the Einstein Noah team and look forward to working with our employees and franchise partners to further enhance and grow the nationwide footprint of the fast-casual restaurant leader in fresh-baked bagels».

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