Krispy Kreme Can’t Make Money But Can Throw It Away
Posted by JamesB in Business News, tags: brewster, ceo, krispy kreme, winston-salemYeap that little company with the product we all love can’t seem to make a dime yet can throw $2 Million out the door. How’s that you ask? Well it seems the recently hired CEO, Daryl Brewster, has decided to resign however between salary, around $1 million in stocks and some $300,000 in other benefits he will have made over $2 million for less than two years work as the CEO for Krispy Kreme. In the meantime KKD has lost money every quarter, closed stores, bought out franchises and everything else.
So as it goes on Wall Street the Golden Parachute lives…