date:Apr 25, 2013
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In addition to the release of its earnings, Panera said it is consolidating the co-chief executive roles into one position.
Bill Moreton, president and co-c.e.o. since 2010, will transition to executive vice-chairman due to a recognition of his need to spend increased amounts of time on a family matter, Panera said.
As a result of this family matter, I have found myself unable to travel and am now clear I will be challenged to fully execute my responsibilities as president and co-c.e.o. o