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Krispy Kreme names new president

November 27, 2011

Krispy Kreme Doughnuts Inc. has named Kenneth A. May as its new president and chief operating officer. May, 51, will report to James H. Morgan, CEO, and will be responsible for all of the company's operating segments.

May has more than 25 years of operational, retail, supply chain and brand experience. As part of his career with FedEx Corporation, he served as president and CEO of FedEx Kinko's Office and Print Centers, and led the integration of Kinko's into FedEx. Following the integration, May was responsible for the strategic direction, growth and development of more than 1,800 retail locations and 22,000 employees in 11 countries, and $2 billion in revenue.

Prior, May held various positions throughout FedEx, including senior vice president of U.S. Operations for FedEx Express, FedEx's largest division with more than 62,000 employees.

Most recently, he served as president of ES3 LLC, a logistics company that uses robotic technology to make supply chain operations more efficient for manufacturers and retailers.

May is a former board member of P.F. Chang's China Bistro Inc., and was national chairman of the Board of Trustees for the March of Dimes in 2010.

"Krispy Kreme is a special place to work, and we could not be more excited about having an experienced and natural corporate leader like Ken May join our team," Morgan said. "There was considerable interest in this opportunity, and it was critical that we seek out someone with a unique combination of big brand experience, retail customer engagement, proficiency in delivering quality products and services, an understanding of complex logistical operations, and familiarity with both domestic and international operations."

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