Los Angeles, CA founded The Coffee Bean & Tea Leaf, appointed a h resident Sanjiv Razdan as president of the Americas and India markets.
After a three-year stint as president of the India market for Yum Brands Inc.’s Pizza Hut, Razdan returned to the Los Angeles area in 2014 to serve as chief operations officer at Applebee’s Restaurants in Glendale and then at Sweetgreen Inc. in Mid-City. Coffee Bean then recruited Razdan. In 2019 Jollibee Foods Corp., a Philippines-based company, in a joint venture with Viet Thai International in Vietnam, acquired Coffee Bean in 2019 for about $300 million.
Razdan’s plan for the brand includes increasing its brick-and-mortar footprint to all 50 states via new and existing franchisees, as well as expanding off-premises consumption by boosting its e-commerce capabilities and grocery store offerings. Other changes under Razdan’s guidance may include menu updates, and the addition of new ovens.