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Krispy Kreme Appoints New CFO Amidst Declining Sales and Partnership End
ByAinvest
Thursday, Jul 3, 2025 10:27 am ET1min read
Krispy Kreme announced new CFO Raphael Duvivier, replacing Jeremiah Ashukian, amid struggles with declining sales and profitability concerns. The doughnut maker recently ended its partnership with McDonald's and paused its quarterly dividend. Shares have lost nearly two-thirds of their value since the start of the year.
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