Krispy Kreme names Josh Charlesworth CEO effective Jan 1, 2024; Tattersfield to board & advisor

Krispy Kreme, Inc.

Josh Charlesworth (currently Global President & COO) becomes President & CEO as of Jan 1, 2024.
Outgoing CEO Michael Tattersfield remains on board as Senior Advisor & Ambassador; receives $50k/month consulting fee.
Charlesworth base salary $1M, target bonus 100% of base, annual RSU grant of $1M with service/performance vesting.
Company reaffirms FY2023 guidance, trending toward middle to higher end of revenue and adjusted EBITDA ranges.
Charlesworth also receives a matching award of 492,142 RSUs and 3,925 REUs in Insomnia Cookies Holdings.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Michael Tattersfield

President and Chief Executive Officer

DNUT · Krispy Kreme, Inc.

Effective: 2023-12-31
Successor: Joshua Charlesworth
Filed: September 27, 2023, 7:59 PM ET

Michael Tattersfield, the Company's President and Chief Executive Officer, notified the Board that he will step down as the Company's President and Chief Executive Officer, effective December 31, 2023

Role change

Joshua Charlesworth

President and Chief Executive Officer

DNUT · Krispy Kreme, Inc.

Effective: 2024-01-01
Filed: September 27, 2023, 7:59 PM ET

appointed Mr. Joshua Charlesworth to the role of President and Chief Executive Officer of the Company, effective as of January 1, 2024

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Michael Tattersfield departed as President and Chief Executive Officer at Krispy Kreme, Inc..

Action: stepped down
Role: President and Chief Executive Officer

Exact text from the filing

Michael Tattersfield, the Company's President and Chief Executive Officer, notified the Board that he will step down as the Company's President and Chief Executive Officer, effective December 31, 2023

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Joshua Charlesworth was appointed as President and Chief Executive Officer at Krispy Kreme, Inc..

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

appointed Mr. Joshua Charlesworth to the role of President and Chief Executive Officer of the Company, effective as of January 1, 2024

View on SEC.gov

Krispy Kreme, Inc. filing history →

Source: SEC EDGAR

accession 0001857154-23-000096

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