Charlesworth will oversee the expansion of the Krispy Kreme’s global footprint and growth strategy | Photo credit: Nahima Aparico

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Krispy Kreme has announced that Josh Charlesworth has been promoted to Global President with responsibility for the US company’s key international markets and its IT and supply chain teams.

In the newly created Global President role, Charlesworth will oversee the expansion of the Krispy Kreme’s global footprint and growth strategy. The donut and coffee business highlight the US, UK, Ireland, Australia, New Zealand and Mexico as its core markets.

Charlesworth has served as Krispy Kreme’s Chief Financial Officer since April 2017 and Chief Operating Officer since May 2019. As well as remaining Chief Operating Officer, Charlesworth will continue to fill the Chief Financial Officer position until a successor is hired.

“Throughout his five years here, Josh has proven to be essential to our success as a company and I look forward to working with him on leading our core equity markets. We have tremendous confidence in Josh’s capabilities to continue to execute on our transformation plan, grow our global fresh points of access utilizing our Hub and Spoke model, and build our beloved brand around the globe,” said Mike Tattersfield, President and CEO.

Krispy Kreme operates approximately 1,400 outlets in over 30 countries worldwide.

The donut and coffee business reported strong financial results for the first quarter of 2022 with net revenue growing 15.8% year-over-year to $372.5m while organic revenue grew 15% to $370.1m.