---
schema_version: "secwatch.filing_event.v1"
accession: "0001857154-25-000005"
form_type: "8-K"
ticker: "DNUT"
cik: "0001857154"
company_name: "Krispy Kreme, Inc."
filed_at: "2025-01-15T23:59:59+00:00"
generated_at: "2026-05-28T01:20:27.704745+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Krispy Kreme CGO & President International resigns; gets $800K severance, equity vesting

## Summary
- Matthew Spanjers resigns as Chief Growth Officer and President International; remains employee through March 31, 2025 Separation Date.
- Severance payment of $800,000, COBRA coverage of $40,717, and outplacement services valued at $17,500.
- Outstanding RSUs and PSUs vest pro rata based on days worked through Separation Date; details per Transition Agreement.
- Transition follows previously disclosed leadership team changes; Spanjers bound by non-disparagement, confidentiality, and non-solicitation covenants.
- Transition Agreement includes general release of claims and execution of Employment Termination Certificate post-Separation Date.

## SEC filing metadata
- accession: 0001857154-25-000005
- form_type: 8-K
- ticker: DNUT
- cik: 0001857154
- company_name: Krispy Kreme, Inc.
- filed_at: 2025-01-15T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1857154/000185715425000005/0001857154-25-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1857154/000185715425000005/dnut-20250110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001857154-25-000005
- JSON: https://secwatch.observer/filing/0001857154-25-000005.json
- Plain text: https://secwatch.observer/filing/0001857154-25-000005.txt

## Key facts
- Executive change
  Matthew Spanjers resigned as Chief Growth Officer and President, International at Krispy Kreme, Inc..
  - Action: resigned
  - Role: Chief Growth Officer and President, International
  source text: Mr. Spanjers has resigned from those positions but will remain an employee of and provide services to the Company through March 31, 2025 (the “Separation Date”), pursuant to an Agreement and General Release entered into on January 10, 2025 (the “Transition Agreement”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1857154/000185715425000005/0001857154-25-000005-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.