The first Dunkin Donuts was opened in 1950 by founder Bill Rosenburg in Quincy, MA. Five years later the first franchising branch was authorized. Sixty years later, under "Dunkin Brands Inc.", there are now over 10,000 stores, including more than 7,000 franchised locations, all in 36 United States. There are over 3,000 Dunkin' stores internationally in 32 countries other than the United States. Dunkin' Brands Group, Inc. is a leading global franchisor of quick-service restaurants serving hot and iced coffee and baked goods, as well as hard ice cream. Dunkin Brands is headquartered in Canton, MA (Company Snapshot). Chief Executive Officer In 2009 Nigel Travis was appointed Chief Executive Officer and, more recently, in 2013, Chairman of the Board. Mr. Travis has held leadership positions for several large companies, including Senior Vice President of Human Resources for Burger King, and President and Chief Operating Officer for Blockbuster. Before joining Dunkin Brands Inc. he was President and CEO of Papa Johns (Company Snapshot). In March 2014, the company announced its decision to extend its CEO's contract for another two years, from December 2016 to 2018. This was due in part to his great productivity with the organization. In his short five years as CEO of Dunkin Brands, Travis managed to produce a growth rate of 6.2%, add 3,000 new Dunkin Donuts and Baskin Robbins stores, as well as provide the company's shareholders with a return of approximately $650 million of dollars. Looking ahead, the company is well positioned for future growth and Nigel and his team remain focused on increasing franchisee profitability and creating value for shareholders” shares Managing Director Raul Alvar……. half of the document ...... p: //ezproxy.net.ucf.edu/login?url=http://search.proquest.com/docview/1476741807?accountid=10003King, M. (2014, March 5 ). Dunkin' Brands extends contract for president and CEO Nigel Travis. DunkinBrands. Retrieved April 4, 2014, from http://www.dunkinbrands.com/Press-Releases/DUNKIN-BRANDS-EXTENDS-CONTRACT-FOR-CHAIRMAN-CEO-NIGEL-TRAVIS-483.aspxMason, E. (2014, February 6) . Dunkin Donuts makes money, increases quarterly dividend; more customer traffic, higher average tickets stimulate growth. Wall Street Journal (online). Retrieved from http://ezproxy.net.ucf.edu/login?url=http://search.proquest.com/docview/1494734574?accountid=10003Company Snapshot. (n.d.). DunkinDonuts.com. Retrieved April 2, 2014, from http://www.dunkindonuts.com/content/dunkiDunkin Brands Inc. (2014). BASKIN-ROBBINS INTRODUCES NEW DEVELOPMENT INCENTIVES FOR 2014. [press release] January 15, 2014.