Krispy Kreme Ousts Top Executive
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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 12 percent.
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Krispy Kreme Doughnuts Inc., whose  share price has collapsed as it faces a federal accounting  probe and shareholder lawsuits, on Tuesday replaced its  chairman and chief executive with a restructuring expert who  currently runs Enron Corp.
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RALEIGH, NC - Krispy Kreme said Friday that US stock market regulators have launched a formal investigation into the company, bumping up the status of what was originally an informal probe.
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Krispy Kreme Doughnuts Inc.'s board ousted its top executive yesterday and replaced him with a turnaround specialist who will try to save another company beset by allegations of corporate deceit.
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The boss of packaging company Amcor has quit his post amid a growing scandal over allegations of price-fixing. Amcor said chief executive Russell Jones - along with top divisional head Peter Sutton - had both resigned.
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The retailing company Kmart Holding Corp. has appointed Aylwin Lewis, formerly an executive at the restaurant operator Yum Brands Inc., as its new chief executive and president.
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Krispy Kreme Doughnuts Inc. KKD.N  said on Monday that its chief operating officer has left the  company for another job.
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K-mart has called upon a former executive in the fast food trade to be its new CEO and president. Aylwin Lewis spent 13 years with Yum, which is the parent of Pizza Hut, Taco Bell and KFC.
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(LOUISVILLE, Ky., October 18th, 2004, 1:30 pm) -- Yum Brands Incorporated has named David Deno as chief operating officer as the restaurant operator looked within its ranks to replace a departing top executive.
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JP Morgan Chase &amp; Co. on Tuesday shuffled top management at the firm which led to chief financial officer Dina Dublon resigning from the Wall Street giant and investment banking chairman David
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Less than 18 months after emerging from bankruptcy protection, Kmart announced yesterday that it was replacing its president and chief executive with an outsider whose background is in the fast-food restaurant business.
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Blockbuster, the movie rental chain, named a former chief executive of 7-Eleven to succeed its chief executive, John F. Antioco, who is resigning.
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Shares in Krispy Kreme Doughnuts drop by almost 20% after the firm announces a quarterly loss of $3m.
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Kmart Holding Corp. has named a restaurant and branding expert as its new president and chief executive officer. The Troy retailer announced this morning that Aylwin Lewis would join the discount retailer from YUM!
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Global fast food giant McDonald's is to get its second new CEO in seven months, as the current chief steps down to fight cancer.
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Office Depot Inc. chairman and CEO Bruce Nelson has resigned after four years in the job at the nation&#39;s second largest office supply retailer, which has been struggling with lower sales and tough competition from Staples Inc.
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Krispy Kreme Doughnuts Inc., which has been transformed from Wall Street&#39;s darling into the bane of carb-conscious consumers, scaled back its expansion plans Thursday after posting second-quarter profits that fell far short of expectations.