MISSISSAUGA, ON, March 31 /CNW/ - Purdy Crawford, a member of the Board of Directors of The Second Cup Coffee Company Inc. (S.C.CoffeeCo") announced today that James Anas has been appointed Chairman of the company and of its subsidiary, The Second Cup Ltd. ("Second Cup"), effective immediately. Mr. Crawford stated that the appointment follows the recent passing of Mr. Gabriel T. Tsampalieros former owner, Chairman and CEO of both companies.
Mr. Anas was President and Chief Executive Officer of S.C.CoffeeCo from 2001 until 2007 and served as Executive Vice Chairman of Second Cup thereafter. In addition, he has been a member of the Board of Directors of Second Cup GP Inc., a direct subsidiary of the Second Cup Royalty Income Fund (TSX: SCU.UN) for the past two years. His experience includes several senior executive positions in franchisor companies as well as leading a multi unit franchisee organization.
"I was fortunate to work alongside the late Gabe Tsampalieros and we were proud to have built a seasoned and dynamic management team headed by the President of our companies, Stacey Mowbray. Under Stacey's direction, the management team developed a comprehensive strategic plan for the future growth and development of the Canadian and International operations. I am confident that they, along with our associates and franchise partners, will continue to build on our strong foundation as we move forward to secure our vision," stated Mr. Anas.
Second Cup GP Inc., the administrator of the Second Cup Royalty Income Trust Fund, announced that Mr. Ted McDermott, a Director of S.C.CoffeeCo and former senior partner of Osler Hoskin & Harcourt LLP, will be appointed as a Director of the company to fill the vacancy left by the late Gabriel Tsampalieros.
Second Cup is Canada's largest franchised specialty coffee company, as measured by number of cafes, with 360 cafes while S.C.CoffeeCo's international presence includes 53 cafes in the United States and 10 other countries. For further information on Second Cup, please visit www.secondcup.com.
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