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Tim Hortons, Inc.

Tim Hortons, Inc.

Sector: Eating Places Region: Canada


: | Toronto Stock Exchange: THI | New York Stock Exchange: THI


Tim Hortons, Inc. is a quick service restaurant chain company. Its primary business model is to identify potential restaurant locations, develops suitable sites, and makes these new restaurants available to approved restaurant owners. It owns and operates a small number of corporate-run locations in U.S. and Canada. The company's business model also includes vertically-integrated businesses, including warehouse and distribution operations that supply goods to a substantial majority of Canadian restaurants. It currently operates distribution centers that supply paper and dry goods to Canadian restaurants, and one facility that also provides frozen and some refrigerated products, as well as paper and dry goods. Tim Hortons restaurants offers premium coffee, espresso-based hot and cold specialty drinks, including lattes, cappuccinos and espresso shots, specialty teas, fruit smoothies, home-style soups, fresh sandwiches, wraps, hot breakfast sandwiches and fresh baked goods, including its trademark donuts. The company operates through two regional segments: Canada and United States. It was founded by Tim Horton & Ron Joyce in May 1964 and is headquartered in Oakville, Canada.

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Executives

Marc Caira, President & Chief Executive Officer
Marc Caira was appointed President & CEO of Tim Hortons Inc. effective July 2nd, 2013, and as a Director of the Board effective May 7th. In this role, Mr. Caira is responsible for the strategic direction and performance of the Company and its operations.

Mr. Caira was most recently Global CEO of Nestlé Professional. He was also a member of the Executive Board of Nestlé SA, the world's largest food and beverage company, and a recognized leader in nutrition, health and wellness. Among the roles he held prior to his most recent position, which he was appointed to in 2006, Mr. Caira was President & CEO of Parmalat North America, Chief Operating Officer of Parmalat Canada, and President, Food Services and Nescafe Beverages for Nestlé Canada.
David F. Clanachan, Chief Operations Officer
David F. Clanachan was appointed Chief Operating Officer, Tim Hortons in August 2012.

Mr. Clanachan joined Tim Hortons in 1992 and held various positions in the Operations Department including Vice President, Operations - Western Ontario and Executive Vice President, Training, Operations Standards and Research & Development. In March 2008, Mr. Clanachan was appointed Chief Operations Officer, United States and International where he was accountable for U.S. and International restaurant operations, development and growth strategy.

At the age of 14, Mr. Clanachan took interest in Tim Hortons and worked at restaurant level in guest service. He eventually went on to manage multiple restaurants while attending the University of Windsor.

Mr. Clanachan is a member of the Canadian Hospitality Foundation Board of Directors and is the Chair of the Policy Advisory Board at the University of Guelph - School of Hospitality and Tourism.

Mr. Clanachan holds a Bachelor of Commerce degree from the University of Windsor.
Cynthia J. Devine, Chief Financial Officer
Cynthia J. Devine joined Tim Hortons in 2003 as Chief Financial Officer. In August 2012, in addition to her role as Chief Financial Officer, she was appointed executive accountability for the Supply Chain strategy and operations. Ms. Devine is also responsible for leading the Company's financial organization including accounting, financial reporting, tax, financial planning and analysis, treasury, internal audit, investor relations as well as information technology and manufacturing operations.

Ms. Devine developed the infrastructure, processes and capabilities necessary to successfully lead the Company through its Initial Public Offering in 2006. Today, Tim Hortons is one of the largest publicly-traded quick service restaurant chain in North America based on market capitalization and the largest in Canada.

Ms. Devine is a Chartered Accountant and has served in senior executive positions for Maple Leaf Foods and Pepsi-Cola Canada.
William A. Moir, Chief Brand and Marketing Officer
William A. Moir was appointed Chief Brand and Marketing Officer and President of the Tim Horton Children's Foundation in March 2008. Mr. Moir joined Tim Hortons in 1990 as Vice President of Marketing and was promoted to Executive Vice President of Marketing in 1997.

Prior to joining Tim Hortons, Mr. Moir gained extensive marketing management experience, holding key positions with K-Tel, Shell Oil and Labatt Breweries. In addition to his role at Tim Hortons, Mr. Moir is a Director and past Chairman of the Coffee Association of Canada.

Mr. Moir holds an Honors Business degree from the University of Manitoba.
Roland M. Walton, President
Roland M. Walton was appointed President, Tim Hortons Canada in August 2012. He joined Tim Hortons in 1997 as Executive Vice President of Operations, responsible for operations in both Canada and the U.S. and was appointed to Chief Operations Officer, Canada in March 2008.

Mr. Walton's restaurant industry experience includes Wendy's Canada, Pizza Hut® Canada and Pizza Hut USA. In 1995 Mr. Walton held the position of Division Vice President for Pizza Hut USA's Central Division.
Mr. Walton holds a Bachelor of Commerce degree from the University of Guelph.
Michel Meilleur, Executive Vice President
Michel Meilleur was appointed Executive Vice President, Tim Hortons U.S.A. in August 2012. In this position, he leads all aspects of the U.S. business including restaurant operations and development, franchising, human resources, and marketing.

Mr. Meilleur joined Tim Hortons in 1994 as a restaurant manager, and has since held several positions including District Manager, Director of Operations, Director of Training and Vice President of Strategic Projects. In 2004, he was promoted to Regional Vice President of Operations where he led the growth and development of the Company's eastern U.S. region. In 2009, he assumed responsibility for all U.S. operations and relocated to the U.S. headquarters located in Dublin, Ohio.

Mr. Meilleur holds an Honors Bachelor of Business Administration Degree with a minor in Psychology from Wilfrid Laurier University.
Jill E. Aebker, Executive Vice President General Counsel and Corporate Secretary
Jill Aebker was appointed Executive Vice President, General Counsel, and Corporate Secretary in August 2012 where she serves as the executive team member primarily responsible for the Company's legal affairs. Ms. Aebker joined Tim Hortons in 2006 and has, since that time, held positions of progressively senior legal responsibilities including most recently as Senior Vice-President, General Counsel and Corporate Secretary.

Over her tenure, Ms. Aebker played a key role in the Company's Initial Public Offering and the establishment of the legal securities compliance and governance functions of the newly public company, the repatriation of the public company to Canada, as well as leading other significant Company initiatives and developments. Prior to joining Tim Hortons, Ms. Aebker was corporate counsel at Wendy's International, Inc. and practiced corporate and health care law for Squire Sanders LLP and Eastman & Smith Ltd.

Ms. Aebker is an active Board member of STRIDE, a not-for-profit community organization in Halton Region, Ontario.

Ms. Aebker holds a Juris Doctor degree, a Master of Health Administration degree, and a Bachelor of Arts degree, all from The Ohio State University.
Steve Wuthmann, Executive Vice President
Steve Wuthmann was appointed Executive Vice President, Human Resources of Tim Hortons in September, 2013. He is responsible for directing all human resource functions of the organization, including driving organizational engagement, capability, alignment and performance.

Mr. Wuthmann was most recently Executive Vice President, Supply Chain, for Parmalat Canada and prior to that, Senior Vice President, Human Resources. He brings more than three decades of human resources and operations experience to Tim Hortons, including with Purolator Courier, Labatt Breweries of Canada and Canada Packers.

Mr. Wuthmann has his B.Com from Concordia University and his C.Dir from McMaster University. He also has a history of involvement in the not for profit sector which has led to his receiving the Queen Elizabeth II Diamond Jubilee Medal for his work with Kids Help Phone.

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