Canton, Mass. — Dunkin' Brands Group, Inc., the parent company of Dunkin' Donuts (DD) and Baskin-Robbins (BR), has promoted Kate Jaspon, interim CFO, to the position of chief financial officer (CFO), effective June 5, 2017. She will report directly to Dunkin' Brands' CEO, Nigel Travis.
"Several weeks ago, Kate seamlessly stepped into the role of CFO on an interim basis, and we are delighted to now officially offer her the position," says Travis.
In her role as Dunkin' Brands CFO, Jaspon will have responsibility for accounting, corporate tax, investor relations and competitive intelligence in addition to her current responsibilities for global financial planning and analysis, business analytics, debt and cash management, electronic payments and insurance.
Jaspon was appointed interim CFO in April and replaces Dunkin' Brands CFO Paul Carbone, who left the company to take a new position as the chief operating officer at a specialty retail chain.
An 11-year Dunkin' Brands veteran, Jaspon joined Dunkin' Brands as assistant controller in 2005. She was later promoted to vice president, controller and corporate treasurer, and since 2014 has held the title of vice president, finance and treasury.
Dennis McCarthy, vice president, financial management, has been appointed vice president, finance & treasury, and will expand his responsibilities to oversee both the finance and treasury teams. He will continue to report to CFO Jaspon.
At the end of the first quarter 2017, Dunkin' Brands' 100% franchised business model included more than 12,200 Dunkin' Donuts restaurants and more than 7,800 Baskin-Robbins restaurants. Dunkin' Brands Group, Inc. is headquartered in Canton, Mass.
SOURCE: Dunkin' Brands Group, Inc.