Sumary of Dutch Bros. stock jumps 60% as drive-through drinks company makes trading debut:
- Chief Operating Officer Brian Maxwell is Travis Boersma’s brother-in-law and Chief Administrative Officer Christine Schmidt is his sister-in-law.
- Joth Ricci has served as chief executive since August 2021. From April 2017 to January 2019, he was the CEO of Adelsheim Vineyard.
- Also: Warby Parker IPO: 5 things to know about the affordable eyeglass maker before its direct listing Charles Jemley has been chief financial officer since August 2021. From July 2018 to December 2019, he served as CFO of CKE Restaurant Holdings Inc., parent company to Carl’s Jr.
- The company is expecting to take market share in the coffee category (which it puts at $36 billion), the convenience store category (also a $36 billion market) and the quick-service restaurant category where beverages are sold (a $239 billion market).