Krispy Kreme® Announces Atiba Adams as Chief Legal Officer

Rhea-AI Summary

Krispy Kreme (NASDAQ:DNUT) has appointed Atiba Adams as its new Chief Legal Officer, effective June 25, 2024. Adams brings over 20 years of legal expertise from companies like Mars, Pfizer, and Bausch + Lomb. He will report directly to Josh Charlesworth, Krispy Kreme's President and CEO. Charlesworth praised Adams' extensive global legal background and experience in the sweet treat industry. Adams expressed excitement about joining the iconic global brand and contributing to its growth. Adams' academic credentials include a B.A. in Political Science from Millersville University and a J.D. from North Carolina Central University School of Law. He will work from Krispy Kreme's headquarters in Charlotte, NC.

Positive

• Appointment of a seasoned legal expert with over 20 years of experience.
• Adams has worked with multibillion-dollar companies such as Mars, Pfizer, and Bausch + Lomb.
• Positive remarks from both Adams and CEO Josh Charlesworth indicating a promising collaboration.
• Adams' expertise aligns well with Krispy Kreme's strategic goals in the sweet treat industry.

Negative

• There are no immediate financial or business metrics impacted by this appointment.
• Potential costs associated with hiring a high-profile legal expert.

CHARLOTTE, N.C.--(BUSINESS WIRE)-- Krispy Kreme, Inc. (NASDAQ:DNUT) today announced that Atiba Adams will join the company as Chief Legal Officer effective June 25, 2024. Adams will report to Josh Charlesworth, President and Chief Executive Officer of Krispy Kreme.

Adams brings more than 20 years of legal experience guiding multibillion-dollar publicly traded and privately held companies such as Mars, Pfizer, and most recently, Bausch + Lomb, where he served as Senior Vice President and Deputy General Counsel.

“Atiba’s strong, global legal background, public company experience, and expertise in the sweet treat industry make him a great addition to the team,” said Charlesworth. “I couldn’t be more excited to welcome him and I look forward to working together in pursuit of a bigger and better Krispy Kreme.”

Adams commented, “I am thrilled to join Krispy Kreme, an iconic global brand with tremendous growth opportunity. I look forward to partnering with the Global Leadership Team and contributing to the company’s continued success.”

Adams holds a B.A. in Political Science from Millersville University of Pennsylvania and a J.D. from North Carolina Central University School of Law. He will be based out of Krispy Kreme’s corporate headquarters in Charlotte, North Carolina.

About Krispy Kreme, Inc.

Headquartered in Charlotte, N.C., Krispy Kreme is one of the most beloved and well-known sweet treat brands in the world. Our iconic Original Glazed^® doughnut is universally recognized for its hot-off-the-line, melt-in-your-mouth experience. Krispy Kreme operates in more than 35 countries through its unique network of fresh doughnut shops, partnerships with leading retailers, and a rapidly growing Ecommerce and delivery business with more than 14,000 fresh points of access. Our purpose of touching and enhancing lives through the joy that is Krispy Kreme guides how we operate every day and is reflected in the love we have for our people, our communities and the planet. Connect with Krispy Kreme Doughnuts at www.KrispyKreme.com, or on one of its many social media channels, including www.Facebook.com/KrispyKreme and www.Twitter.com/KrispyKreme.

View source version on businesswire.com: https://www.businesswire.com/news/home/20240529777389/en/

Investor Relations

IR@krispykreme.com

Financial Media

Edelman Smithfield for Krispy Kreme, Inc.

Ashley Firlan & Ashna Vasa

KrispyKremeIR@edelman.com

Source: Krispy Kreme, Inc.

FAQ

When is Atiba Adams joining Krispy Kreme as Chief Legal Officer?

Atiba Adams will join Krispy Kreme as Chief Legal Officer on June 25, 2024.

What is the stock symbol for Krispy Kreme?

The stock symbol for Krispy Kreme is DNUT.

Who will Atiba Adams report to at Krispy Kreme?

Atiba Adams will report to Josh Charlesworth, the President and CEO of Krispy Kreme.

What is Atiba Adams' professional background?

Atiba Adams has over 20 years of legal experience, having worked with companies like Mars, Pfizer, and Bausch + Lomb.

Where is Krispy Kreme's corporate headquarters located?

Krispy Kreme's corporate headquarters is located in Charlotte, North Carolina.