Krispy Kreme, Inc. Announces Organizational Changes to Strengthen Growth and Global Expansion Strategy, Promotes Josh Charlesworth to Global President and Chief Operating Officer

CHARLOTTE, NC, June 8, 2022–(BUSINESS WIRE)–Krispy Kreme, Inc. (NASDAQ: DNUT) (“Krispy Kreme” or the “Company”), today announced that Josh Charlesworth has been promoted to President and Chief global operation. The company has engaged a leading recruitment firm to identify Krispy Kreme’s next chief financial officer and Mr Charlesworth will remain in the role until a successor is hired. Mr. Charlesworth will continue to report to Mike Tattersfield, President and Chief Executive Officer.

As Global Chairman, Charlesworth will be responsible for all of Krispy Kreme’s major stock markets, including the US, UK, Ireland, Australia, New Zealand and Mexico, as well as well as its IT and supply chain teams. This newly created role will oversee the expansion of the company’s global footprint and growth strategy. Mr. Charlesworth has been Chief Financial Officer of Krispy Kreme since April 2017 and Chief Operating Officer since May 2019. He served as Corporate Secretary from July 2018 to August 2020.

“We are delighted to elevate Josh to this key leadership role to oversee the continued growth of Krispy Kreme. Throughout his five years here Josh has proven to be essential to our success as a business and I have look forward to working with him to lead our core equity markets,” said Mike Tattersfield, President and Chief Executive Officer. “We have tremendous confidence in Josh’s abilities to continue executing our transformation plan, developing our new business global access using our Hub and Spoke model and build our beloved brand around the world.”

Additionally, Andrew Skehan, president for North America, has informed the company of his intention to leave Krispy Kreme in August to accept a general manager position with another organization. Andrew’s current responsibilities will be carried out by several members of the Company’s management team who have extensive experience and knowledge of business operations.

“We appreciate the leadership Andy has provided to US and Canadian businesses in building an exceptional management team and driving growth by transforming our business in North America into an omnichannel model over the past 5 years. We wish him well. the best in his new role,” said Mike Tattersfield.

About Krispy Kreme, Inc.

Krispy Kreme is one of the world’s best-loved and best-known candy brands. Our iconic Original Glazed® donut is universally recognized for its warm, melt-in-the-mouth experience. Krispy Kreme operates in over 30 countries through its unique network of fresh donut shops, partnerships with leading retailers, and a rapidly growing e-commerce and delivery business. Our purpose to touch and improve lives through the joy that is Krispy Kreme guides our daily operation and is reflected in the love we have for our people, our communities and the planet. For more information, visit www.krispykreme.com.

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contacts

Investor Relations
Rob Ballew, Vice President of Investor Relations
[email protected]

Financial media
Edelman for Krispy Kreme, Inc.
Allie McLarty and Ashley Firlan, [email protected]

Aubrey L. Morgan