Who owns Krispy Kreme? | The US Sun

THE POPULAR doughnut chain has been serving tasty treats for over 85 years. Now, customers want to know more about Krispy Kreme, its ownership, and its history. 2 Krispy Kreme is owned by its parent company, JAB Holding Company.

THE POPULAR doughnut chain has been serving tasty treats for over 85 years.

Now, customers want to know more about Krispy Kreme, its ownership, and its history.

Who owns Krispy Kreme?

Krispy Kreme is owned by its parent company, JAB Holding Company.

According to its website, JAB is "a unique partnership of long-term investors in consumer goods & services."

It owns multiple other high-profile businesses, such as Panera Bread, Pret A Manger, Espresso House, and Coty.

Michael J. Tattersfield has served as the CEO of Krispy Kreme since January 1, 2017.

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In a September 25, 2023, news release, the coffeehouse chain announced that Josh Charlesworth will take over as president and CEO beginning on January 1, 2024.

Tattersfield will stay on the Board and will be named senior advisor and Krispy Kreme ambassador.

Olivier Goudet, Chairman of Krispy Kreme’s Board of Directors, said: "Today, we celebrate the transformation of Krispy Kreme under Mike’s leadership, as it grew from a complex, multi-product primarily-US model to a more global, capital efficient hub-and-spoke omnichannel model, focused on delivering fresh, awesome doughnuts, all while nearly doubling the adjusted EBITDA of the business.

"Mike re-ignited the iconic Krispy Kreme magic, and we are grateful he has decided to stay on the Board and be an ambassador for Krispy Kreme.

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"At the same time, we are incredibly excited to appoint Josh to CEO as he has played a critical role in Krispy Kreme’s growth for the last six years and will now lead the company’s next chapter of success and value creation."

Tattersfield said: "I couldn’t be happier to transition the CEO role to Josh. Transforming the Krispy Kreme brand and culture has been a highlight of my career, and I am truly grateful for our amazing Krispy Kremers who continue to inspire me.

"Josh’s shared passion for the brand, our Krispy Kremers, and freakin’ awesome doughnuts gives me the utmost confidence in our continued success and I look forward to watching all he’ll accomplish."

Charlesworth said: "The opportunity to lead such an incredible Krispy Kreme team is both an honor and a privilege.

"Together, we will continue to make fantastic, fresh doughnuts conveniently available to more and more consumers around the world.

"I want to thank Mike for the strong foundation he has built as we pursue our goal to become the world’s most loved sweet treat brand."

In addition to Tattersfield and Goudet, Krispy Kreme's Board of Directors includes:

  • Marissa Andrada
  • David Bell
  • Devid Deno
  • Paul Michaels
  • Gerhard Pleuhs
  • Debbie Roberts
  • Lubomira Rochet
  • Philip Telfer
  • Michelle Weese

When was Krispy Kreme founded?

Krispy Kreme was founded by Vernon Rudolph on July 13, 1937, in Winston-Salem, North Carolina, and is now headquartered in Charlotte.

According to the company's website, Rudolph purchased a "secret yeast raised doughnut recipe" from a New Orleans French chef and rented a building in what is now historic Old Salem in Winston-Salem.

He started by selling doughnuts to local grocery stores before cutting a hole in an outside wall and selling Original Glazed doughnuts "directly to customers on the sidewalk."

In 1989, Krispy Kreme's first retail-only store was born in Greensboro, North Carolina, per its website.

In 2015, the doughnut chain opened its 1,000th store, which is located in Kansas City, Kansas.

How many Krispy Kreme locations are there?

There are about 1,400 Krispy Kreme locations around the world in over 30 countries.

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According to the brand's website, 379 of these shops are located in the US.

Krispy Kreme also operates in countries such as Canada, England, Australia, Mexico, and Turkey.

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