The owner of Dunkin’ Donuts and Baskin-Robbins said Chief Executive Nigel Travis is ending a more than nine-year tenure during which he brought the company public and extended the domestic and international reach of its brands.
Dunkin’ Brands Group Inc. on Wednesday named David Hoffmann as its new CEO, with Mr. Travis moving to the role of executive chairman. Mr. Travis, 68 years old, said Mr. Hoffmann was hired from McDonald’s Corp. in 2016 with an eye toward making him the company’s next leader. Mr. Travis said his successor...