Niren Chaudhary
Chairman, Panera Brands
Niren Chaudhary is the Chairman of the Board of Panera Brands, one of the world’s largest fast casual restaurant companies with nearly 4,000 locations in 10 countries. Panera Brands is comprised of Panera Bread, Caribou Coffee and Einstein Bros Bagels.
Prior to becoming Chairman in 2023, Niren served as CEO of Panera Brands and Panera Bread. During his four-year tenure, Panera Brands strengthened its leadership in the fast casual segment by expanding its leading digital capabilities, which as of 2023 account for 51% of total sales at Panera Bread, while increasing its loyalty base to more than 53 million members and launching an innovative loyalty subscription model that resulted in 25% of all Panera transactions coming from Unlimited Sip Club members. Panera also increased its pace of innovation, strengthened franchisee partnerships and led the creation of a strong, people-first culture, resulting in industry-leading retention rates for GMs and associates, earning Black Box Intelligence’s Employer of Choice Award in 2022.
Previously, Niren served as Chief Operating Officer and President of Krispy Kreme where he implemented a new operating model to elevate consistency across the global brand and created a path for enterprise value growth of 3x over 5 years. Prior to that, he spent 23 years at Yum! Brands serving in global leadership positions including Global President of KFC and President of Yum! India.
Niren is guided by his deep passion for serving others and building future leaders. He spends his personal time sharing his personal and professional journey with students and professionals, often wielding a guitar to sing about his life or even a new Panera menu item. In addition, he dedicates his personal time serving on the Tufts Medical Center Board and as an advocate for DKMS, a leading non-profit with the world’s largest stem cell donor registry.
As a lifelong learner, Niren focuses on both formal and informal education. Formally, Niren holds a bachelor’s degree in Economics from St. Stephen’s College in Delhi, an MBA in marketing from the University of Delhi, and completed the Advanced Management Program at Harvard Business School. Informally, Niren speaks four languages – Hindi, English, Dutch and German. He holds a black belt in Shotokan karate and is an avid golfer, tennis player and musician with his own rock band.
Tune in to Niren Chaudhary’s Distinguished Podcast Episode