Krispy Kreme, Inc. announced that on April 1, 2026, the Board of Directors elected each of David Shear and Melissa Werneck as a director of the Company, effective April 2, 2026, to serve for a term expiring at the annual meeting of stockholders of the Company in 2026 and until his or her successor has been elected and qualified, or until his or her earlier death, resignation, or removal. Ms. Werneck served as the Global Chief People Officer at The Kraft Heinz Company between 2013 and August 2025 and has been named to the Compensation, Nomination, and Governance Committee of the Board. Mr. Shear has over ten years of international franchise experience, having previously worked at Restaurant Brands International Inc. since 2014, including as President, International from 2021 to March 2024.
The Board has determined that each of Mr. Shear and Ms. Werneck is an independent director within the meaning of Rule 5605(a)(2) as set forth in the listing standards of The NASDAQ Stock Market, LLC.
Krispy Kreme, Inc. and its subsidiaries operate through its omni-channel business model to produce doughnuts and deliver fresh doughnut experiences for Doughnut Shops, Delivered Fresh Daily (DFD) Doors, and digital channels, expanding consumer access to the Krispy Kreme brand. The Company operates through three segments: U.S., International and Market Development. The U.S. segment includes all Krispy Kreme Company-owned operations in the U.S. The International segment includes all Krispy Kreme Company-owned operations in the U.K., Ireland, Australia, New Zealand, Mexico, Canada, and Japan. The Market Development segment includes franchise operations across the globe. It operates in more than 40 countries through its network of fresh doughnut shops, partnerships with retailers, and a rapidly growing digital business with more than 17,500 fresh points of access.
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