U.S. Markets open in 6 hrs 42 mins

Dutch Bros Coffee names Charley Jemley CFO to help lead major expansion

Dutch Bros Coffee has named Charley Jemley chief financial officer. Jemley joins the Dutch Bros family with extensive experience in retail finance and restaurant development.

GRANTS PASS, Ore., Jan. 20, 2020 /PRNewswire-PRWeb/ -- Dutch Bros Coffee, the country's largest privately held drive-thru coffee company, has named Charley Jemley chief financial officer. Jemley joins the Dutch Bros family with extensive experience in retail finance and restaurant development, both in the U.S. and internationally. Most recently, he served as CFO of CKE Restaurants Holdings, Inc., the operator of Carl's Jr. and Hardee's.

"Having dedicated the past 30 years to working with leading global brands in high-growth environments, I feel fortunate to have saved the best for last by joining the Dutch family," Jemley said. "The Dutch Bros unique culture is one of the company's biggest advantages, and one of the most significant factors in my decision. Dutch Bros also mirrors my own set of values and I'm thrilled to dive in."

"As Dutch Bros rapidly expands into new territories, adding key leadership talent is paramount. Charley is a prime example of the type of individual we're looking for," said Joth Ricci, president of Dutch Bros. "With three decades of experience in retail and development, Charley has the expertise and insight that will enable us to move forward with confidence."

Jemley has served in numerous senior finance positions at global companies, including Starbucks, Taco Bell, KFC and Pizza Hut. As the Oregon-based coffee company's most recent hire, Jemley will oversee the next period of growth for Dutch Bros, which is poised to expand to more than 800 locations by the end of 2023.

Since TSG Consumer Partners' investment in October 2018, Dutch Bros has kicked off a significant expansion into new markets. The partnership has allowed Dutch Bros to enter into new states, more than double its locations in a five-year period and share the Dutch Luv with more communities.

About Dutch Bros
Dutch Bros Coffee is the country's largest privately held drive-thru coffee company, with more than 370 locations and 12,000 employees in seven states. The company is headquartered in Grants Pass, Oregon, where it was founded in 1992 by Dane and Travis Boersma. Dutch Bros serves specialty coffee, smoothies, freezes, teas, a private-label Dutch Bros Blue Rebel energy drink and nitrogen-infused cold brew coffee. Its rich, proprietary coffee blend is handcrafted from start to finish.

In addition to its mission of speed, quality and service, Dutch Bros is committed to giving back to the communities it serves. Through its Dutch Bros Foundation and local franchisees, the company donates several million dollars to causes across the country each year.

To learn more about Dutch Bros, visit http://www.dutchbros.com, like Dutch Bros Coffee on Facebook or follow @DutchBros on Twitter.

 

SOURCE Dutch Bros Coffee