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Caribou Coffee Appoints Scott Kennedy As President and Chief Executive Officer

Sep 02, 2025•4 months ago

Position

Chief Executive Officer

Company

Caribou Coffee

Scott Kennedy
MinneapolisHospitalityFood and Beverage

Description

Caribou Coffee has announced the appointment of Scott Kennedy as President and Chief Executive Officer, effective immediately. Kennedy previously held the position of Chief Financial Officer and was serving as Interim CEO since March 2025.

Company Information

Company

Caribou Coffee

Location

Minneapolis, Minnesota, United States

About

Caribou Coffee serves high-quality handcrafted beverages and crave-worthy food in more than 800 coffeehouses worldwide. Since opening our first location in 1992, we’ve been committed to building personal connections in every experience. This desire drives our dedication to supporting our communities and crafting menu items with premium ingredients like specialty-grade coffee and real chocolate chips in our handcrafted beverages. Focused on smart growth, we operate and franchise coffeehouses across 11 countries, with the purpose of creating day-making experiences that spark a chain reaction of good.

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Executive Insights

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New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months