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Hyman died on Monday in Camarillo, California, Meghan Patke,
a representative for the company, said in an email. She did not
provide the cause of death.
He founded his company's first coffee shop in the upscale
Brentwood neighborhood of Los Angeles in 1963.
The chain in 1989 came out with an iced blended drink after a
number of employees started experimenting with mixing coffee and
ice, and Hyman customized the process, according to the
company's website.
In 1998, Hyman sold the company to brothers Sunny and Victor
Sassoon, entrepreneurs from Singapore.
The Coffee Bean & Tea Leaf in a statement expressed sadness at
Hyman's death.
"We continue to uphold his vision and passion for sourcing the
highest quality coffee and tea from around the world, and are
forever indebted to the Hyman family for starting this
incredible brand and business which has seen unprecedented
growth and success over the last 50 years," the statement said.
"Our thoughts and condolences remain with his wife, Mona, and
their family," it said.
In September, Boston-based private equity firm Advent
International and CDIB Capital, an Asian firm, agreed to take a
large stake in The Coffee Bean & Tea Leaf, with stores in the
Middle East, Europe and Asia as well as the United States.
(Reporting by Alex Dobuzinskis; Editing by Prudence Crowther)
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