Tim Hortons Launches Leadership Succession Plan

Published on Thursday, May 26, 2011
Written by The Editors

Executive Chairman Paul House appointed Interim CEO for Canadian quick-service chain Tim Hortons.

Paul House has replaced Don Schroeder as chief executive officer of Tim Hortons Inc. (NYSE: THI). House, the company's chairman and former CEO, will fill the position on an interim basis while the company searches for a permanent replacement.

This search for a new CEO is part of Tim Hortons succession planning process. In a release, the company said it will conduct an internal and external search for a new CEO. A specific timetable for completing this process was not provided.

"We have a talented, experienced and highly capable executive group, and we will continue to drive execution of our established strategic growth plans and initiatives, which are designed to capitalize on market opportunities, as the Board concludes the process to appoint a new CEO," House added.

|

2012 Best In Class Winners
See who FE&S readers named this year’s Best In Class winners. Manufacturers were evaluated for product quality, product value, product design and aesthetics, service and support, sales reps, product inventory and available product information. Click here to see the complete results.

ACityDiscount Restaurant Equipment specializes in new and used commercial kitchen equipment, grease hoods, commercial ice machines..

FESMag Event Calendar