Caribou Coffee Realigns Leadership Team

"I am delighted to announce the shift in leadership at Caribou," said President and CEO Mike Tattersfield. "We continue to focus our resources and talents on our key strategic initiatives, actively pursing our goal of developing Caribou Coffee into a world-class branded coffee company."

Dan Lee contributes nearly two decades of comprehensive legal experience to Caribou. He is responsible for all aspects of the legal and risk management functions in addition to playing a key role in several major initiatives since joining the company in 2005.

Lee previously worked for International, Inc., Carlson Companies, Inc., and General Electric, where he served in a variety of in-house counsel and executive roles. He earned a bachelor's degree in marketing and a bachelor's degree in biology from St. Cloud State University. Lee also has a master's degree in business administration from Minnesota State University, Mankato and a juris doctorate from Hamline University School of Law.

Dan Hurdle assumes the retail operations leadership role in addition to his product management responsibilities, which he began in 2008. During the past year, Hurdle also oversaw the supply chain and store development functions at Caribou.

Hurdle previously worked for Washington Mutual Retail, Starbucks Coffee Company and McKinsey Co. He graduated with a master of science degree from the University of Cambridge, U.K., and earned a bachelor's degree from the U.S. Naval Academy, serving as a submarine officer in the U.S. Navy.

"I am pleased with Dan's expanded role," said Tattersfield. "Through his strong leadership, the product management team has developed a culture of quality and innovation that will continue to serve us well in the future."

ABOUT THE COMPANY Caribou Coffee (Nasdaq: CBOU | Quote | Chart | News | PowerRating) founded in 1992, is the second-largest company-owned gourmet coffeehouse operator in the world, based on number of coffeehouses. At Caribou Coffee, our mission statement is "an experience that makes the day better." We provide this by sourcing the highest-quality coffee in the world and craft roasting it in small batches to bring out the best in every bean. We bring this extraordinary coffee to our customers through grocery locations, online, or through our coffeehouses, which provide a relaxing escape for our customers. Caribou Coffee is committed to expanding our business by bringing this experience to new customers without compromising our unwavering commitment to quality. Caribou Coffee is a proud recipient of the Rainforest Alliance Corporate Green Globe Award and the Specialty Coffee Association of America (SCAAs) 2008 Roasters Choice Tasting Competition. For more information, visit www.cariboucoffee.com.

SOURCE: Caribou Coffee

Caribou Coffee 
Jennifer Hamm, 763-592-2200 
jhamm@cariboucoffee.com