Krispy Kreme CEO Resigns
Winston-Salem, N.C. Krispy Kreme announced Monday that chief executive Daryl Brewster has resigned. He will be replaced by the company’s chairman, James H. Morgan.
Brewster left his position for personal reasons but will stay with Krispy Kreme until the end of January, the company said.
In March 2006, Brewster was named CEO to steer Krispy Kreme back on track, but the chain has continued to struggle under his leadership, posting weak sales and persistent losses.
Fred’s President and CEO Both Retiring
Memphis, Tenn. Fred’s Inc. on Friday said its president and COO will both retire.
President John D. Reier, 68, and COO Gerald E. Thomson, 58, will leave as part of a planned succession plan, the company said. A new company president, Bruce Efird, began in September, but Reier and Thomson remained during the transition period.
CertaPro Painters Commercial Services Appoints Director of Business Development
CertaPro Painters Commercial Services, North America’s largest commercial painting contractor, announced the appointment of Pete Cobb to director of business development. In his new position, Cobb will be focused on designing and implementing programs for all customer segments, as CertaPro continues to expand market share for its quality commercial painting services.
Cobb comes to CertaPro with more than 22 years of experience in sales and management at the Sherwin-Williams Company, having spent his last five years in the painting and coatings industry as the company’s national account manager.