Industry News | September 14, 2007

Cold Stone Names New President

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Cold Stone Creamery announced today that vice president of profitability Dan Beem has been named president. In his four years with Cold Stone Creamery, Beem has developed a strong results-oriented track record.

In his new role, Beem will be responsible for ensuring that Cold Stone Creamery continues on its path to increasing sales and improving franchisee profitability

“I’m pleased to conclude that after an extensive, nationwide search the right candidate for this position is Dan Beem,” commented Doug Ducey, chief executive officer for Kahala-Cold Stone. “His understanding of Cold Stone Creamery operations along with his experience serving the franchisee community will surely yield positive results for the brand.”

“Leading the Cold Stone franchisees at this time is a tremendous opportunity,” commented Beem. “I look forward to continuing my support in growing their businesses and strengthening our partnership by driving profitability.”

Prior to Cold Stone Creamery, Beem gained experience in the food service industry working in both executive and management positions with Planet Hollywood, T.G.I. Fridays, Gordon Biersch Brewing Company, and NASCAR. He also owned and operated his own restaurant for two years.

Ranked No. 1 in the ice cream and frozen desserts category in Entrepreneur magazine's “Franchise 500” (2007), Cold Stone Creamery is a force to be reckoned with in the $21 billion U.S. ice cream industry. Reported 2006 systemwide revenues exceeded $471 million, up 15 percent over 2005.