Krispy Kreme Doughnuts Inc. said Monday it has named former FedEx executive Kenneth A. May president and chief operating officer.
May will report to chief executive James H. Morgan and will assume responsibility for all of Krispy Kreme’s operating segments, which include restaurants and retail, both company-owned and franchised. Morgan had served as Krispy Kreme’s president since 2008.
A company spokesman for the Winston-Salem, N.C.-based Krispy Kreme said Morgan and