Krispy Kreme Replaces CEO, Names Financial Adviser
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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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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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Wells Fargo & Co. , the fifth-largest U.S. bank, on Wednesday named John Stumpf chief executive, effective immediately, replacing Richard Kovacevich, who will remain chairman.
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The retailer's CEO steps down amid a shakeup in operations.
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Krispy Kreme Doughnuts Inc., whose  share price has collapsed as it faces a federal accounting  investigation and shareholder lawsuits, on Tuesday replaced its  chairman and chief executive with a restructuring expert who  currently runs Enron Corp.
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Stocks to watch: KRISPY KREME DOUGHNUTS INC.
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Shares in the struggling doughnut chain jump 10% after the firm says it has parted company with its chief executive.
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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  said on Monday that President and Chief Executive Daryl Brewster had resigned for personal reasons after less than 2 years on the job and will be replaced by Chairman James Morgan.
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Krispy Kreme Doughnuts Inc. said today that it named Michael Sutton and Lizanne Thomas to serve on its board and co-chair a new special committee to investigate matters raised by the Securities and Exchange
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Red Hat on Thursday named Charles Peters Jr. as executive vice president and chief financial officer. Peters replaces Kevin Thompson, who unexpectedly announced his resignation in June, a few days before the
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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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Krispy Kreme Doughnuts Inc.  KKD.N  said on Monday that its chief operating officer is leaving the  company for another job, the latest setback for a company that  is trying to recover from sluggish sales and an accounting  probe.
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Krispy Kreme Doughnuts today said it has been informed by the S.E.C. that the agency's investigation of the company has become a formal probe.
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The retailing company Kmart Holding Corp. has appointed Aylwin Lewis, formerly an executive at the restaurant operator Yum Brands Inc.
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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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In a surprise move, Kmart Holding  Corp. KMRT.O on Monday named a new president and chief  executive, who analysts expected to create a glossier image for  the discount retailer.