Management ChangeNov 5, 2026, 04:47 PM

Krispy Kreme CEO Bonus Opportunity Increased to 150%; RSU Grant to $2.5M

AI Summary

Krispy Kreme, Inc. announced an amendment to the employment agreement for its Chief Executive Officer, Joshua Charlesworth. Effective November 1, 2026, his annual cash target bonus opportunity will increase from 100% to 150% of his base salary. Additionally, starting with the annual grant in 2027, the amount of his annual restricted stock unit grant will increase from $1,000,000 to $2,500,000.

Key Highlights

Krispy Kreme CEO Joshua Charlesworth's employment agreement amended.
Annual cash target bonus opportunity increased from 100% to 150% of base salary.
Annual restricted stock unit grant increased from $1,000,000 to $2,500,000, effective 2027.

View SEC Filing

DNUT

Food Chains

Krispy Kreme, Inc.

Price Impact