Krispy Kreme Names Josh Charlesworth As President And CEO, Effective January 1, 2024
Portfolio Pulse from Benzinga Newsdesk
Krispy Kreme has announced that Josh Charlesworth will take over as President and CEO from January 1, 2024. Charlesworth, who joined the company in 2017, most recently served as Krispy Kreme's Global President and Chief Operating Officer. Michael Tattersfield will remain on the Krispy Kreme Board and continue to be a significant investor in the company.
September 25, 2023 | 11:32 am
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NEUTRAL IMPACT
Krispy Kreme's leadership change, with Josh Charlesworth becoming President and CEO, may bring new strategic directions for the company. Current CEO Michael Tattersfield's continued involvement as a board member and significant investor could provide stability.
Leadership changes can impact a company's strategic direction, which can affect stock prices. However, the current CEO's continued involvement could provide stability, potentially mitigating any drastic stock price movements.
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