Krispy Kreme Appoints Cathleen D. Allred as Senior Vice President Human Resources and Organizational Development

WINSTON-SALEM, N.C. - (BUSINESS WIRE) - May 28, 2014 - Krispy Kreme Doughnuts, Inc. (NYSE:KKD) today announced the appointment of Cathleen D. Allred as Senior Vice President - Human Resources and Organizational Development. Reporting to President and CEO Tony Thompson, Ms. Allred will succeed Ken Hudson, who recently announced plans to retire. Ms. Allred assumes her new role immediately.

"We are fortunate to have a proven and experienced leader like Cathleen who was more than ready to assume this very important senior leadership position on our team," says Jim Morgan, Executive Chairman, Krispy Kreme. "She has proven herself to be a successful and strong business leader who understands the vital roles our team members play in growing our business and ensuring our commitment to outstanding customer service."

Ms. Allred served as Vice President – Corporate Human Resources and Training from March 2008 to May 2014. Prior to that, Ms. Allred served as Human Resources Director from November 2006 to March 2008. Ms. Allred joined Krispy Kreme in March 2002 as Human Resources Manager, and served in that capacity until March 2005 when she briefly left Krispy Kreme and was Human Resources Manager at Polo Ralph Lauren. She rejoined Krispy Kreme as Director of Training in October 2005. Prior to joining Krispy Kreme, she served in recruitment and human resources management positions at LifeStyle Furnishings International and American Technical Resources. Through these different company assignments, Ms. Allred developed expertise in recruitment, training and organizational development.

About Krispy Kreme

Krispy Kreme is a leading branded specialty retailer and wholesaler of premium quality sweet treats and complementary products, including its signature Original Glazed® doughnut. Headquartered in Winston-Salem, NC, the Company has offered the highest quality doughnuts and great tasting coffee since it was founded in 1937. Today, Krispy Kreme shops can be found in over 800 locations in more than 20 countries around the world. Connect with us at www.krispykreme.com.

SOURCE Krispy Kreme Doughnuts, Inc.

Contact:

Lafeea Watson
Krispy Kreme Doughnuts, Inc.
336-726-8878
lwatson@krispykreme.com

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