Industry News | April 18, 2002

Krispy Kreme Names Murphy Executive Vice President and General Counsel

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WINSTON-SALEM, N.C., April 18 /PRNewswire-FirstCall/ -- Krispy Kreme Doughnuts, Inc. (NYSE: KKD - news) has named Frank Murphy executive vice president and general counsel at its Winston-Salem headquarters.

Murphy joins Krispy Kreme from Kilpatrick Stockton, LLP, where he was a partner, member of the Kilpatrick Stockton executive committee and former deputy managing partner of the firm. He practiced in Kilpatrick Stockton's Winston-Salem office in the area of corporate law, including business transactions and corporate governance, and has worked closely with Krispy Kreme in various professional capacities for more than 20 years.

His professional memberships include the American Bar Association and its Taxation Section and the North Carolina Bar Association and its Tax and Business Law Sections. Murphy is a noted lecturer on corporate issues and employee benefits and is listed in The Best Lawyers in America.

Scott Livengood, Chairman, President and Chief Executive Officer of Krispy Kreme, said, ``It is important that we continue to bring knowledgeable, talented people with broad experience into the Krispy Kreme organization. Frank is the perfect fit for us and will greatly enhance our company. In fact, he has been a part of Krispy Kreme for more than two decades through his service as legal counsel.''

Murphy said, ``As a practicing attorney, I have worked with Krispy Kreme for many years and look forward to becoming part of the day-to-day management team at Krispy Kreme's headquarters. Joining Krispy Kreme is an exciting opportunity for me, especially as Krispy Kreme continues to expand across the country and internationally. I look forward to the many opportunities that lie ahead for Krispy Kreme.''

News and information presented in this release has not been corroborated by QSR, Food News Media, or Journalistic, Inc.