NYSE:KKD $3.35   down   - 0.06   as of Nov 20, 2009 at 4:12 PM ET


Management

Executive Officers

James H. Morgan
Chairman, President and Chief Executive Officer

James H. Morgan has been a director since July 2000 and was elected Chairman of the Board of Directors in January 2005. On January 6, 2008, Mr. Morgan was appointed as the Company's President and Chief Executive Officer. Mr. Morgan served as Vice Chairman of the Board of Directors from March 2004 to January 2005. Since January 2001, Mr. Morgan served as Chairman of Covenant Capital, LLC, an investment management firm, which is the General Partner of The Morgan Crossroads Fund. As of January 2008, Mr. Morgan has taken an inactive role in Covenant Capital, LLC and The Morgan Crossroads Fund. Previously, Mr. Morgan served as a consultant for Wachovia Securities, Inc., a securities and investment banking firm, from January 2000 to May 2001. From April 1999 to December 1999, Mr. Morgan was Chairman and Chief Executive Officer of Wachovia Securities, Inc. Mr. Morgan was employed by Interstate/Johnson Lane, an investment banking and brokerage firm, from 1990 to 1999 in various capacities, including as Chairman and Chief Executive Officer, and led the transition during the merger of Interstate/Johnson Lane and Wachovia Corporation in 1999. Mr. Morgan currently serves on the Board of Directors of Coca-Cola Bottling Co. Consolidated, the nation's second largest Coca-Cola bottler.

Holdings: 8,781 shares     View Transactions
Date Type Shares Traded Price Range
Dec 1, 2007 Option Execute 2,927 n/a
Sep 1, 2007 Option Execute 2,927 n/a
Jun 1, 2007 Option Execute 2,927 n/a
Mar 1, 2007 Option Execute 2,926 n/a
Douglas R. Muir
Executive Vice President, Chief Financial Officer and Treasurer

Douglas R. Muir was appointed Executive Vice President and Chief Financial Officer in June 2007. He joined Krispy Kreme as Chief Accounting Officer in June 2005. Mr. Muir had been a consultant to the Company since December 2004. From 1993 to 2004, he held various senior financial management positions with Oakwood Homes Corporation, including Executive Vice President and Chief Financial Officer. Prior to joining Oakwood Homes, he had a 17-year career at Price Waterhouse, including as an audit partner from 1988 to 1993. Mr. Muir is a certified public accountant.

Holdings: 54,076 shares     View Transactions
Date Type Shares Traded Price Range
Sep 11, 2009 Disposition (Non Open Market) 2,995 3.62
Jun 5, 2009 Disposition (Non Open Market) 1,216 3.63
Mar 1, 2009 Disposition (Non Open Market) 1,131 1.29
Sep 11, 2008 Disposition (Non Open Market) 2,995 3.84
Jun 5, 2008 Disposition (Non Open Market) 1,217 3.70
Sep 11, 2007 Acquisition (Non Open Market) 36,923 n/a
Jun 5, 2007 Acquisition (Non Open Market) 15,000 n/a
Mar 1, 2007 Acquisition (Non Open Market) 11,707 n/a
Kenneth J. Hudson
Senior Vice President of Human Resources and Organizational Development

Kenneth J. Hudson has served as Senior Vice President of Human Resources and Organizational Development since February 2005. He joined Krispy Kreme in October 2003 as Vice President of Human Resources. From January 2000 to August 2003, Mr. Hudson was Vice President of Human Resources at Lexington Home Brands. Prior to joining Lexington Home Brands, he had general management experience in operations and human resources in various public and privately-held companies, including Delta Airlines, Thomas Built Buses, Blessings Corporation and General Electric Company. Through these different company assignments, Mr. Hudson developed expertise in new business start-up in Europe and the United States, and domestic and international mergers and acquisitions.

Holdings: 27,142 shares     View Transactions
Date Type Shares Traded Price Range
Sep 11, 2009 Disposition (Non Open Market) 2,396 3.62
Sep 11, 2007 Acquisition (Non Open Market) 29,538 n/a
Jun 4, 2007 Statement of Ownership 0 n/a
Steven A. Lineberger
Senior Vice President and President of U.S. Stores

Steven A. Lineberger has served as Senior Vice President and President of U.S. Store Operations since August 2007. He served as Senior Vice President of Strategic Growth Initiatives from February to August 2007. Mr. Lineberger joined Krispy Kreme as Vice President of Brand Development in August 2006. Prior to joining Krispy Kreme, he was Chief Operating Officer of First Presbyterian Church in Winston-Salem, North Carolina from June 1999 to May 2006. Prior to that, he was a senior executive at Sara Lee Corporation, where he worked for 17 years in various marketing and general executive management roles, leading highly integrated manufacturing and supply chain operations across numerous facilities and multiple countries, including as President and CEO of Sara Lee Casualwear and Footwear from 1994 to 1999.

Holdings: 40,633 shares     View Transactions
Date Type Shares Traded Price Range
Nov 2, 2009 Disposition (Non Open Market) 405 3.30
Sep 11, 2009 Disposition (Non Open Market) 2,396 3.62
Feb 5, 2009 Disposition (Non Open Market) 1,449 1.40
Oct 31, 2008 Disposition (Non Open Market) 405 2.76
Sep 11, 2008 Disposition (Non Open Market) 2,396 3.84
Feb 5, 2008 Disposition (Non Open Market) 1,449 2.69
Nov 2, 2007 Disposition (Non Open Market) 405 3.09
Sep 11, 2007 Acquisition (Non Open Market) 29,538 n/a
Aug 31, 2007 Statement of Ownership 0 n/a
Darryl R. Marsch
Senior Vice President, General Counsel and Assistant Secretary

Darryl R. Marsch has served as Senior Vice President, General Counsel and Assistant Secretary since September 2008. Mr. Marsch joined Krispy Kreme in May 2007 as Vice President and Associate General Counsel. In January 2008, Mr. Marsch was appointed to the additional office of Assistant Secretary. Prior to that, Mr. Marsch was Senior Counsel for R.J. Reynolds Tobacco Company from November 1998 to May 2007. From September 1991 to October 1998, Mr. Marsch was an associate at the law firm of Jones Day in Washington, D.C.

Holdings: 16,447 shares     View Transactions
Date Type Shares Traded Price Range
Sep 11, 2009 Disposition (Non Open Market) 811 3.62
May 21, 2009 Disposition (Non Open Market) 966 3.36
Sep 11, 2008 Disposition (Non Open Market) 811 3.84
May 21, 2008 Disposition (Non Open Market) 965 3.15
Apr 14, 2008 Statement of Ownership 0 n/a
M. Bradley Wall
Senior Vice President of Supply Chain and Off-Premises Operations

M. Bradley Wall has served as Senior Vice President of Supply Chain and Off-Premises Sales since April 2008. Prior to that, Mr. Wall served as Senior Vice President Supply Chain from February 2007 to April 2008, Vice President of Manufacturing Operations from July 2005 to February 2007, Vice President of Beverage Operations from February 2004 to July 2005 and Vice President of Business Development from February 2003 to February 2004. Prior to that, he held various management positions in our Business Development and Financial Planning and Analysis Department. Mr. Wall joined Krispy Kreme in July 1995 as a systems analyst.

Holdings: 42,848 shares     View Transactions
Date Type Shares Traded Price Range
Nov 2, 2009 Disposition (Non Open Market) 1,622 3.30
Sep 11, 2009 Disposition (Non Open Market) 2,396 3.62
Oct 31, 2008 Disposition (Non Open Market) 1,622 2.76
Dec 12, 2007 Sell 1,500 3.87
Sep 11, 2007 Acquisition (Non Open Market) 29,538 n/a
Apr 16, 2007 Sell 78 10.60
Feb 1, 2007 Statement of Ownership 0 n/a
Jeffrey B. Welch
Senior Vice President and President of International

Jeffrey B. Welch has served as Senior Vice President and President of International Store Operations and Development since August 2007. He joined the Company as Senior Vice President of International and Development in April 2004. Prior to that, he was Vice President of Real Estate International with The Home Depot, Inc. from September 1999 to April 2004. From 1991 to 1999, Mr. Welch held various positions with Yum! Brands, Inc., the most recent being Vice President of Franchising and Business Development for Europe, Africa and the Middle East.

Holdings: 32,395 shares     View Transactions
Date Type Shares Traded Price Range
Sep 11, 2009 Disposition (Non Open Market) 2,396 3.62
Mar 1, 2009 Disposition (Non Open Market) 1,131 1.29
Sep 11, 2008 Disposition (Non Open Market) 2,396 3.84
Jun 30, 2008 Sell 2,927 5.15
Sep 11, 2007 Acquisition (Non Open Market) 29,538 n/a
Mar 1, 2007 Acquisition (Non Open Market) 11,707 n/a
Feb 1, 2007 Statement of Ownership 0 n/a


Click here for a listing of Senior Vice Presidents of Krispy Kreme Doughnut Corporation, a wholly-owned subsidiary of Krispy Kreme Doughnuts, Inc.



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