Industry News | September 19, 2001

Boston Market Names CEO

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Boston Market Corporation today announced the promotion of Michael Andres to president and chief executive officer. Andres previously served as president and chief operating officer, responsible for the operations of Boston Market's nearly 700 restaurants.

"Since joining Boston Market in May 2000, Mike has demonstrated outstanding leadership and a passionate commitment to Boston Market, its people and its future,'' said Jeffrey B. Kindler, chairman of Boston Market Corporation. "He's also brought a renewed focus on people development, quality of operations and unit economics, which has resulted in positive sales growth and improved profitability. Mike clearly has the vision, passion and operational expertise to propel Boston Market into the next chapter of its growth and development.''

Andres is a seasoned veteran of the restaurant industry, with more than 18 years of experience in all aspects of restaurant operations. Prior to joining Boston Market Corporation, Andres held senior positions at McDonald's Corporation, including senior vice president and chief operating officer of the Midwest division of McDonald's USA, a unit of more than 2,600 McDonald's restaurants generating more than $3 billion in sales.

"I'm excited about the opportunity to take over as Boston Market's CEO,'' said Andres. "It's great to be a part of a team that has such talented, dedicated and entrepreneurial people. Together, we look forward to building on our past successes and to making the Boston Market experience the best it can be for both our customers and employees.''

Boston Market Corporation, based in Golden, Colo., specializes in quick, convenient meals, featuring home-style entrees, fresh vegetables, sandwiches, salads, soups, side dishes and desserts. Boston Market restaurants combine the freshness and quality of traditional home cooking with convenience, value and contemporary flair. With nearly 700 restaurants, Boston Market Corporation operates in 28 states. The company is a wholly owned subsidiary of McDonald's Corporation. For more information on Boston Market, visit the company's Web site at www.bostonmarket.com.