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April 9, 2013 /PRNewswire/ - Tim Hortons Inc. was saddened today to learn of the passing of
Ronald Osborne, who joined the Tim Hortons Board of Directors in 2008.
"Ron developed a reputation over many years as a highly regarded and respected executive and corporate director in the Canadian business landscape. He brought deep business insight to his role as a director and member of our Audit Committee, and provided great value to the Company and its shareholders through his business savvy and intellect coupled with his significant financial and risk expertise," said
Paul House, executive chairman, president and CEO,
We offer our sincere condolences to Mr. Osborne's family and friends.
Tim Hortons Inc. OverviewTim Hortons is one of the largest publicly-traded restaurant chains in
North America based on market capitalization, and the largest in
Canada. Operating in the quick service segment of the restaurant industry,
Tim Hortons appeals to a broad range of consumer tastes, with a menu that includes premium coffee, espresso-based hot and cold specialty drinks including lattes, cappuccinos and espresso shots, specialty teas, fruit smoothies, home-style soups, fresh Panini and classic sandwiches, wraps, hot breakfast sandwiches and fresh baked goods, including our trademark donuts. As of
December 30th, 2012,
Tim Hortons had 4,264 systemwide restaurants, including 3,436 in
Canada, 804 in
the United States and 24 in the Gulf Cooperation Council. More information about the Company is available at
SOURCE Tim Hortons Inc.