Panera Bread is a chain of bakerycaf quick casual restaurants in the United States and Canada. Its headquarters are in Sunset Hills, Missouri, a suburb of St. Louis, and operates as St. Louis Bread Company in the St. Louis metropolitan area. Panera considers its legacy to have begun in 1981 with the original Au Bon Pain Co., co-founded by current Panera CEO Ron Shaich. In 1993, Au Bon Pain Co. purchased the St. Louis Bread Company, which was founded by Ken Rosenthal. At the same time, the St. Louis Bread Company was renovating its 20 bakery-cafs in the St. Louis area. In May 1999, to expand Panera Bread into a national restaurant, Au Bon Pain Co. sold its other chains, including Au Bon Pain, which is now owned by Compass Group North America. The company operates or franchises 1,500 Panera Bread bakery-cafs in 40 states and 20 facilities that deliver fresh dough to the bakery-cafs every day. Panera Bread's co-CEOs are William Moreton and Ron Shaich.
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