Report: top execs kneaded the dough.

PositionTRIAD

Krispy Kreme Doughnuts' long-awaited internal investigation (cover story, August) contained few surprises. The Winston-Salem doughnut maker released a 24-page summary of a report it gave to a federal prosecutor and the U.S. Securities and Exchange Commission. The summary blames the company's problems on former CEO Scott Livengood and former Chief Operating Officer John Tate. It says they manipulated financial reports to beat quarterly earnings goals. Krispy...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT