May 29, 2014
Einstein Noah Restaurant Group announced that Manny Hilario, chief operating officer, has tendered his resignation to the company. His departure will come in the next several weeks after he has completed assisting with the transition.
According to a news release, the company’s board of directors is holding off on a replacement until a permanent president and CEO is named. No timeframe has been set.
Effective immediately, Einstein Noah’s three regional VPs of Operations will share Hilario’s responsibilities and report directly to Michael Arthur, interim president and CEO.
“Manny has been an instrumental member of our executive team since 2010 and brought a fresh perspective to the chief financial officer 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,” Arthur said in the release.