---
schema_version: "secwatch.filing_event.v1"
accession: "0001866581-24-000013"
form_type: "8-K"
ticker: "BROS"
cik: "0001866581"
company_name: "Dutch Bros Inc."
filed_at: "2024-01-08T23:59:59+00:00"
generated_at: "2026-06-07T02:35:40.542276+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Dutch Bros reports 159 new shops in 2023, guides 150-165 for 2024, announces CFO & operations leadership changes

## Summary
- Opened 159 new shops in 2023 (146 company-operated); total system 831 shops in 16 states.
- FY 2024 guidance: at least 150–165 total system shop openings.
- Joshua Guenser to become CFO on/about Feb 19, succeeding Charley Jemley; Sumitro Ghosh as President of Operations.
- Brian Maxwell (COO) to become Vice Chairman; Jess Elmquist appointed Chief People Officer.
- CEO Christine Barone highlighted goal of scaling to 4,000 shops.

## SEC filing metadata
- accession: 0001866581-24-000013
- form_type: 8-K
- ticker: BROS
- cik: 0001866581
- company_name: Dutch Bros Inc.
- filed_at: 2024-01-08T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1866581/000186658124000013/0001866581-24-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1866581/000186658124000013/bros-20240108.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001866581-24-000013
- JSON: https://secwatch.observer/filing/0001866581-24-000013.json
- Plain text: https://secwatch.observer/filing/0001866581-24-000013.txt

## Key facts
- Earnings Releases
  Dutch Bros Inc. reported financial results for the fourth quarter ended December 31, 2023.
  - Period: the fourth quarter ended December 31, 2023
  - Result: reported results
  source text: Opened 37 new shops in the fourth quarter of 2023
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866581/000186658124000013/0001866581-24-000013-index.htm
- Executive change
  Sumitro Ghosh was appointed as President of Operations at Dutch Bros Inc..
  - Action: appointed
  - Role: President of Operations
  source text: Sumitro Ghosh will join the Company as Incoming President of Operations on or about January 15, 2023 in concert with Brian Maxwell’s planned change from his current role as Chief Operating Officer to Vice Chairman.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866581/000186658124000013/0001866581-24-000013-index.htm
- Executive change
  Charley Jemley departed as Chief Financial Officer at Dutch Bros Inc..
  - Action: depart
  - Role: Chief Financial Officer
  source text: Charley Jemley’s planned departure from his current role as Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866581/000186658124000013/0001866581-24-000013-index.htm
- Executive change
  Brian Maxwell changed role as Vice Chairman at Dutch Bros Inc..
  - Action: promoted
  - Role: Vice Chairman
  source text: Brian Maxwell’s planned change from his current role as Chief Operating Officer to Vice Chairman.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866581/000186658124000013/0001866581-24-000013-index.htm
- Executive change
  Joshua Guenser was appointed as Chief Financial Officer at Dutch Bros Inc..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: Joshua Guenser will join the Company as Incoming Chief Financial Officer on or about February 19, 2024 in concert with Charley Jemley’s planned departure from his current role as Chief Financial Officer.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1866581/000186658124000013/0001866581-24-000013-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.