secwatch.observer — SEC 8-K summary
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Issuer:     Krispy Kreme, Inc. (DNUT)
CIK:        0001857154
Form:       8-K
Filed at:   2023-09-27T23:59:59+00:00
Accession:  0001857154-23-000096
Event type: leadership
Sentiment:  neutral
Materiality: 0.70
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1857154/000185715423000096/0001857154-23-000096-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1857154/000185715423000096/dnut-20230922.htm
  HTML page:      https://secwatch.observer/filing/0001857154-23-000096

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer