leadership
confidence high
sentiment neutral
materiality 0.35
Krispy Kreme appoints Joseph Esposito as CAO; Kelly McBride resigns
Krispy Kreme, Inc.
- Kelly McBride resigns as Chief Accounting Officer effective Sept 12, 2025 to pursue another opportunity; no disagreement with company.
- Joseph Esposito appointed Chief Accounting Officer effective Sept 15, 2025; previously VP Global Tax at Krispy Kreme.
- Esposito's compensation: $300,000 base salary, 45% target bonus, $200,000 LTI target for FY2026.
- Esposito receives one-time award: 40,000 stock options, 20,000 RSUs, 20,000 PSUs with multi-year vesting.
- Esposito holds CPA (NC, SC) and Master of Accountancy from Univ. of South Carolina.
item 5.02