Krispy Kreme Grants $550,000 Severance and Equity Vesting to Retiring Chief People Officer

Reuters
02/05
<a href="https://laohu8.com/S/DNUT">Krispy Kreme</a> Grants $550,000 Severance and Equity Vesting to Retiring Chief People Officer

Krispy Kreme Inc. has announced that Chief People Officer Theresa Zandhuis will retire from all positions with the company and its subsidiaries on or around March 31, 2026. In connection with her retirement, the company expects to enter into a separation agreement with Zandhuis, providing her with 12 months of base salary totaling $550,000, 12 months of COBRA coverage premiums grossed up for taxes, and pro-rata vesting of certain outstanding equity awards through her retirement date, excluding a retention award granted in July 2025, which will be forfeited. Her vested stock options, with an exercise price of $14.61, will expire 90 days after her departure.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Krispy Kreme Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001857154-26-000003), on February 04, 2026, and is solely responsible for the information contained therein.

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