Krispy Kreme Doughnuts, Inc. (NYSE: KKD) announced that Kenneth A. May has joined the Company as its new President and Chief Operating Officer. Mr. May, age 51, will report to Chief Executive Officer James H. Morgan, and will be responsible for all of the Company's operating segments.
Krispy Kreme Doughnut Corporation today announced that the Company has signed a new development agreement with its franchisee in the Philippines, The Real American Doughnut Company, Inc., under which the franchisee has agreed to open an additional 23 locations in the country over the next five years.
Beginning at 5am on September 13, Krispy Kreme is inviting residents and tourists in Virginia Beach and surrounding communities to celebrate the opening of the new Krispy Kreme Neighborhood Shop, 5832 Northampton Blvd., Virginia Beach, VA.
Krispy Kreme Philadelphia is hosting a contest to give away over 150 dozen doughnuts to selected community groups. The winning organizations will generate significant funds by selling Krispy Kreme Doughnuts at 100% profit! 100 dozen doughnuts will be awarded to the first place winner, 50 dozen to the second place winner and 25 dozen to the third place winner.
Krispy Kreme Doughnuts, Inc. (NYSE: KKD) announced that Cindy Bay has been promoted to SVP of US Franchises and Company Stores, reporting to Jim Morgan, President and Chief Executive Officer.