OPERATIONS

Krispy Kreme taps Papa John’s exec as president/CEO

BY Dan Berthiaume

Winston-Salem, N.C. – Krispy Kreme Doughnuts Inc. has named Anthony N. (“Tony”) Thompson, 47, as president and CEO, effective June 1. Thompson joins the company from Papa John’s International Inc., where he most recently served as president and COO.

Prior to joining Papa John’s in 2006, Thompson worked for firms including Gulf Coast Coca-Cola, The Scotts Miracle-Gro Company and Conagra Grocery Products Company. Thompson is expected to be appointed to the company’s board of directors in the near future. James H. Morgan, 66, current president, chairman and CEO, will continue to serve Krispy Kreme on a full-time basis as its executive chairman.

“All of us in the Krispy Kreme family are excited to have Tony Thompson joining us as our CEO and president,” said Morgan. “Tony’s background, accomplishments, professionalism and commitment to excellence all are a perfect complement to the culture, mission and values of Krispy Kreme. I am confident that Tony is the ideal leader to guide our company to even greater success in the coming years and, personally, I am greatly looking forward to working with him.”

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OPERATIONS

Havertys promotes four execs to VP roles

BY Dan Berthiaume

Atlanta – Havertys has promoted four executives to VP positions. Richard Gallagher was promoted to executive VP merchandising; Bonnie Berry was promoted to VP HR; Greg Johnson was promoted to VP distribution; and Jim Presmanes was promoted to VP risk management and insurance.

Gallagher began his career with Havertys as a salesperson in 1988 and was promoted to senior VP merchandising in 2009 and in 2013, assumed oversight responsibilities for both marketing and supply chain functions. Berry has been with Havertys for more than 30 years was named assistant VP HR in 1997. Johnson began his career with Havertys in 1986 and was promoted to assistant VP distribution in 2012. Presmanes joined the company in 1992 and was named assistant VP in 2000.

"We are pleased to promote these experienced professionals in these diverse and critical functions of our business," said Clarence H. Johnson, chairman, president and CEO of Havertys.

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OPERATIONS

Report: Kohl’s CEO planning a management shakeup

BY Katherine Boccaccio

Menomonee Falls, Wis. — Kohl’s Corp. CEO Kevin Mansell is said to be seeking a new chief merchandising officer who would be next in line to take the CEO reins.

A report by the Wall Street Journal, citing unnamed sources, suggested that Mansell is scouting for a new chief merchant to not only take the merchandising lead for the discount department store chain but also to serve as the key player in a potential succession plan. The chief merchant slot has been vacant since the departure of Donald Brennan last March.

Kohl’s has not commented on the report.

Mansell has been with Kohl’s for more than 30 years, the last six as CEO. Sales and profits have largely been sluggish under his watch and, according to the report, the Kohl’s board will look to Mansell to show progress at the company’s board meeting on Wednesday. It is at that meeting that Mansell is expected to unveil plans for a management reorganization, according to the report.

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