Krispy Kreme Chief Financial Officer to Retire In Calendar Year 2015

WINSTON-SALEM, N.C. - (BUSINESS WIRE) - Oct. 2, 2014 - Krispy Kreme Doughnuts, Inc. (NYSE: KKD) announced today that after a decade of service to the brand, Chief Financial Officer Douglas R. Muir has notified the Company of his intent to retire in calendar year 2015. The Company will be conducting a comprehensive search to identify his successor. Mr. Muir, 60, is expected to remain in his current role until his successor is in place and to provide ongoing support during the transition.

"We wish to express our heartfelt appreciation to Doug for his many years of outstanding service and commitment to Krispy Kreme," said Tony Thompson, President and Chief Executive Officer. "Doug’s financial stewardship and profound business acumen have earned him the trust and respect of his colleagues, our Board of Directors and our shareholders. He will be missed, and we wish him all the best in his retirement."

Mr. Muir has served as Executive Vice President and Chief Financial Officer since June 2007. He joined Krispy Kreme as Chief Accounting Officer in June 2005 and had been a consultant to the Company since December 2004.

About Krispy Kreme

Krispy Kreme (NYSE: KKD) is an international retailer of premium-quality sweet treats, including its signature Original Glazed(R) doughnut. Headquartered in Winston-Salem, N.C., the Company has offered the highest-quality doughnuts and great-tasting coffee since it was founded in 1937. Today, Krispy Kreme can be found in over 875 locations in more than 20 countries around the world. Connect with Krispy Kreme at www.krispykreme.com.

SOURCE Krispy Kreme Doughnuts, Inc.

Contact:

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

###

Share this Story:

Comments:

comments powered by Disqus

Franchise News Room »


News By Industry »


Featured Opportunities

SiempreTax
SiempreTax+ is a low-investment tax franchise opportunity. SiempreTax+ specializes in tax return preparation for individuals and small businesses in...
Gloria Jean's Coffees
Gloria Jean's is known for its range of boldly flavored coffees and signature beverages. For nearly four decades, we have continued to innovate and...
Speaking Roses
Speaking Roses gives you the opportunity to produce, sell, and distribute our patented product in your area using our very own flower printer....
Papa Murphy's Take 'N' Bake Pizza
The world's largest, fastest growing Take 'N' Bake pizza franchise is offering you something fresh.
Sbarro, LLC
An award-winning franchise company, Sbarro is known for selling XL NY pizza by the slice with dough made in-house daily & 100% Whole Milk...

Subscribe to Franchising.com Express

A Franchise Update Media Production
Franchise Update Media | P.O. Box 20547 // San Jose, CA 95160 // PH. (408) 402-5681
Copyright © 2001 - 2017. All Rights Reserved.

In Loving Memory Of Timothy Gardner (1987-2014)