Seriously, if they go under on the heels of this whole stupid-ass low carb thing, I'm going postal. That is all.
Seems they may be padding their profits while Americans continue to pad their asses. :roll:
Some hope on the horizon for KK?
Seems they may be padding their profits while Americans continue to pad their asses. :roll:
Some hope on the horizon for KK?
CHARLOTTE, N.C. - Chief executive officer Scott Livengood was ousted Tuesday as head of Krispy Kreme Doughnuts Inc., the once-trendy chain whose stock price has plummeted amid a federal securities investigation and allegations of padded sales figures. Shares of Krispy Kreme jumped more than 17 percent on the news.
The Winston-Salem company's board of directors said Livengood, who has been criticized for his handling of the company's recent financial problems, would retire as part of a series of "important actions to address the company's current situation." Livengood, 52, who has been at the helm for seven years and led the company's rapid rise, was replaced as CEO by Stephen Cooper, a turnaround specialist who most recently shepherded the Enron Corp. bankruptcy.