As of January 10, 2000 Paul Clayton has resigned as president of Burger King Corporation’s North America division to become chief executive officer of The Jamba Juice Company, a 250-store concept that serves a variety of all natural fruit smoothies, fresh-made juices and soups, among other products.
“We deeply regret that Paul has decided to leave the Burger King system,” said Dennis Malamatinas, chief executive officer. “During his nearly 16-year tenure, Paul has made significant contributions to the brand, and his passion for Burger King has been boundless. He has been very influential in setting Burger King on a new path for growth, and we thank him for all his contributions and dedication.”
Effective immediately, the Burger King North America management team will report directly to Malamatinas until a final organizational announcement is made at a later date. Burger King Corporation is part of Diageo (NYSE:DEO), the international food and drinks company, that includes such brands as Pillsbury, Haagen Dazs and Guinness.