Industry News | July 8, 2005

Krispy Kreme Appoints New Chief Accounting Officer

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Krispy Kreme Doughnuts, Inc. announced today that Douglas R. Muir has been appointed as the company's Chief Accounting Officer.

Muir has 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 in the Charlotte office from 1988 to 1993.

Founded in 1937 in Winston-Salem, NC, Krispy Kreme is a leading branded specialty retailer of premium quality doughnuts, including the company's signature "Hot Original Glazed." Krispy Kreme currently operates approximately 400 stores in 45 U.S. states, Australia, Canada, Mexico, the Republic of South Korea and the United Kingdom. Krispy Kreme can be found on the World Wide Web at http://www.krispykreme.com.