Krispy Kreme names new CFO
Krispy Kreme Inc. has announced changes to its C-suite.
The donut giant has promoted Raphael Duvivier, president of international, to the role of chief financial officer, effective July 11. Duvivier succeeds Jeremiah Ashukian, who has left Krispy Kreme to pursue a new opportunity.
Duvivier has over 20 years of global experience across finance, strategy, and operations. He joined Krispy Kreme in 2019, and has held multiple leadership roles at the company, including segment chief financial and strategy officer, international, and chief development officer, leading international development, strategy, finance and operations.
Duvivier previously held various senior leadership positions in global finance, development, and operations at Restaurant Brands International Inc. Prior to that, he held leadership positions at Opus Investimentos.
“Raphael has been a respected leader at Krispy Kreme for over six years, and his deep understanding of the company coupled with his strong finance background will enable a smooth transition as we focus on achieving sustainable, profitable growth,” said Josh Charlesworth, Krispy Kreme CEO. “I am excited to partner even more closely with Raphael and believe his experience, expertise, and leadership style will be a huge benefit as he assumes the role of chief financial officer.”
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Additionally, chief product officer Alison Holder has been promoted to chief brand and product officer, effective July 11, assuming responsibility for Krispy Kreme’s global marketing initiatives. Holder has over 25 years of experience with Krispy Kreme, including as senior director of consumer insights, and has led brand marketing, innovation, research & development, and manufacturing services. She succeeds chief growth officer David Skena, who has left to pursue a new opportunity.
“We thank Jeremiah and Dave for their contributions over the last several years and wish them both well in their new endeavors,” added Charlesworth. “I have the utmost confidence in Raphael, Alison and the rest of our strong team to help drive Krispy Kreme forward as we pursue U.S. expansion through high-volume retail points of distribution and capital-light international franchise growth.”
Headquartered in Charlotte, N.C., Krispy Kreme operates approximately 1,400 locations in 40 countries.
