Caribou Coffee hires new CFO

Caribou Coffee, a gourmet coffeehouse operator, has hired Timothy Hennessy as its new CFO.

Mr Hennessy's career spans 20 years with key leadership positions in finance, strategic planning, acquisitions and accounting. He most recently was executive vice president and CFO of Carlson Wagonlit Travel, a global travel management company.

Mike Tattersfield, president and CEO of Caribou Coffee, said: "Tim brings a wealth of experience and knowledge to Caribou Coffee and will be a key part of our management team going forward. His financial discipline coupled with his multi-unit experience will be key for our growth going forward."

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