Krispy Kreme Appoints New President & COO

Also rolls out new holiday doughnuts

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

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

Prior to his assignment at FedEx Kinko's, 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 advanced robotic technology to make supply chain operations more efficient and profitable for manufacturers and retailers.

In other company news, Krispy Kreme has added he new Red Velvet Cake, classic Snowman, and Chocolate Iced with Holiday Sprinkles doughnuts at participating U.S. and Canadian shops now through December 31.

The Snowman Doughnut is a snowman-shaped doughnut frosted in white icing sporting a red icing scarf and a joyful smile. The Chocolate Iced with Holiday Sprinkles is a chocolate iced doughnut decked in seasonal red and green sprinkles. The Red Velvet Doughnut is a cake doughnut topped with cream cheese icing and red velvet cake crumbles.

Krispy Kreme is a leading branded specialty retailer and wholesaler of premium quality sweet treats and complementary products, including its signature Original Glazed doughnuts and coffee. Based in Winston-Salem, N.C., the company has more than 675 locations in 21 countries.