Thomas P. Cawley
Chief Financial Officer, Vice President and Principal Accounting Officer
COO & Chief Supply Chain Officer
Paul E. Clayton
President of Retail
Peet's Coffee & Tea was founded in the year 1966. The company has been active for almost 53 years now. The founder of the company was Alfred Peet. The first store of the company was established in Berkeley, California, USA. The company grew to four locations and became known as Peet's Coffee and Tea. In the year 1979, the company was sold to Sal Bonavita. In the year 1984, Jerry Baldwin, who was a Starbucks founder, had bought Peet's four locations from Sal Bonavita as well. As of the year 1987, Baldwin and his Starbucks co-investors had sold Starbucks to focus on Peet's. As of the year 2001, the company was incorporated as Peet's Coffee and Tea Company and the company was also transformed into a public limited entity as well. The company had opened a roasting plant in Alameda in 2007. During the year 2012, the company was again transformed into a private limited company as well, for almost $977 million. In the year 2014, the company acquired Mighty Leaf Tea, a speciality tea brand based in the Bay Area, in partnership with Next World Group. As of the year 2016, the company had announced that it was building a second roaster in Virginia, USA, for almost $58 million. During that time, the company was producing approximately 1 million pounds of coffee each week. The company had opened its first location in China, in the year 2017. The headquarters of the company is based in 5959 Shellmound Street Suite 85. The name of the place is Emeryville, while the name of the state is California, USA. The pin code is 94608.
Peet's Coffee & Tea is an American company that focuses on providing various kinds of coffee products, to its customers around the world. The current CEO of the company is Kenneth Keller. As of the year 2016, the total revenue generated by the company is more than $800 million. Also, the number of employees working in the company is more than 5000.
The primary services provided by the company include allowing customers and clients various types of coffee products including freshly roasted beans, brewed coffee and espresso beverages as well as bottled cold brew, which is produced and offered by the company itself.
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