BUSINESSBUSINESS INSIDER
Panera's CEO regrets a cost-cutting move he approved as CFO
Panera Bread CEO Paul Carbone regrets a cost-cutting decision to replace 100% romaine lettuce with a mix including iceberg, which he approved as CFO. The chain reversed the change in June 2025 and is now implementing its 'RISE' strategy to address customer complaints about food value and service quality through menu updates and operational improvements.
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