Diedrich Coffee loss widens, names new CEO

Fri April 25, 2003 04:47 AM ET
NEW YORK, April 25 (Reuters) - Diedrich Coffee Inc. DDRX.N , which owns and franchises coffee stores, posted a wider third-quarter loss on Friday on weaker revenues and as growth slowed during search for a new chief executive.
The Irvine, California-based firm said it had appointed Roger Laverty as CEO effective April 29. Laverty, who was previously CEO of wholesaler Smart & Final Inc. SMF.N , succeeds Philip Hirsch, who resigned from Diedrich in January.

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