Paul Twohig will not start working for the competition until Jan. 2010 under a settlement agreement, the coffee giant announced in a press release.
Starbucks sued Twohig for violating a non-compete agreement. Click here to read my column on the lawsuit and key defections from Starbucks to Dunkin Donuts.
In settling the suit, Twohig also agreed to pay Starbucks $500,000.
He must really want to work at Dunkin Donuts.
“Mr. Twohig also reconfirmed his commitments not to share Starbucks secrets and other confidential information with Dunkin’ at any time,” Starbucks said. “We are pleased that the settlement allows both parties to move forward without protracted litigation.”
How many secrets could Starbucks really have? It’s just coffee.