Struggling US doughnut chain Krispy Kreme has announced that John McAleer is to retire from his position as executive vice president, concept development, effective 30 September 2005 to pursue personal interests.
McAleer, who will also resign as a member of the company’s board of directors, had worked for Krispy Kreme for 24 years.
The company, which gave no word on McAleer’s replacement, currently operates around 370 factory stores and 50 satellite stores in the US, Australia, Canada,
Mexico, South Korea and the UK.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Just Food Excellence Awards - Have you nominated?
Nominations are now open for the prestigious Just Food Excellence Awards - one of the industry's most recognised programmes celebrating innovation, leadership, and impact. This is your chance to showcase your achievements, highlight industry advancements, and gain global recognition. Don't miss the opportunity to be honoured among the best - submit your nomination today!
Nominate Now