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Panera Bread Appoints New Chief Financial Officer

Earl Ellis succeeds interim CFO Megan Mikolaichik to lead Panera Bread’s financial strategy during a key growth phase, overseeing 2,231 cafes in the U.S. and Canada.

  • On Oct. 20, 2025, Panera Bread appointed Earl Ellis as Chief Financial Officer, effective immediately, announcing the hire in a St. Louis press release and adding him to Panera's executive leadership team.
  • Paul Carbone's move to CEO left the CFO role vacant, and Megan Mikolaichik has served as Interim Chief Financial Officer since January 2025.
  • Most recently at ABM Industries, Ellis served as EVP and CFO of a firm with over $8 billion in revenue and more than 100,000 employees, holding senior roles at major companies.
  • Paul Carbone said Ellis's experience will help accelerate Panera Bread's plan to strengthen the core business and elevate the guest experience, calling him a proven leader who blends financial stewardship with an owner's mindset.
  • Ellis joins amid a string of C‑suite hires at Panera, including Nikka Copeland and Santhosh Kumar, as the company operates 2,231 cafes as of September 30, 2025.
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Panera Bread Names Earl Ellis Chief Financial Officer

Experienced finance leader joins Panera to drive strategic growth and financial excellence

·Parsons, United States
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restaurantdive.com broke the news in on Monday, October 20, 2025.
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