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Topic: Scott Livengood


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In the News (Wed 23 Dec 09)

  
  Out of the frying pan, into the fryer - The Washington Times: Business - January 19, 2005   (Site not responding. Last check: 2007-10-15)
Livengood also retired from his positions as president, chairman of the board and as a director of the company, and will become a consultant on an interim basis.
Livengood did not receive any severance with his retirement, but will be paid $45,833 a month, the equivalent of his current base salary, for the six-month term of his consulting agreement, which is renewable for an additional six months.
Livengood, a North Carolina native, was instrumental in the company's rapid growth in the 1990s and early this decade.
www.washtimes.com /business/20050118-114840-1446r.htm   (745 words)

  
 Sample Contracts and Business Forms - Retirement / Resignation Agreement - Krispy Kreme Doughnut Corp. and Scott A. ...
Scott A. Livengood President Krispy Kreme Doughnut Corporation P O Box 83 Winston-Salem, NC 27102-0083 Dear Scott: The purpose of this letter is to confirm our commitment to you in the event of your retirement or resignation from full time employment with Krispy Kreme within a period of five years from the date hereof.
Scott A. Livengood April 12, 1994 Page 2 ------------------- Financing: We will enter into a "pioneer" arrangement for the first Krispy Kreme Express similar to the current pioneer plan.
Scott A. Livengood President Krispy Kreme Doughnut Corporation P.O. Box 83 Winston-Salem, NC 27102 Dear Scott: The purpose of this letter is to confirm changes to a letter of commitment to you dated April 12, 1994.
contracts.onecle.com /krispy-kreme/livengood.sep.1994.04.12.shtml   (408 words)

  
 The BG News - Krispy Kreme gets rid of CEO Livengood   (Site not responding. Last check: 2007-10-15)
Livengood, 52, who has been at the helm for seven years and led the company's rapid rise, was replaced as CEO by Stephen Cooper, a turnaround specialist who most recently shepherded the Enron Corp. bankruptcy reorganization.
Livengood's departure came after the once-high-flying Krispy Kreme endured months of bad news, including plummeting profits, a federal securities probe and allegations of padded sales that forced the company to restate earnings.
Livengood, who has been with Krispy Kreme for 28 years, was instrumental in the company's rapid growth in the 1990s and early this decade.
www.bgnews.com /vnews/display.v/ART/2005/01/19/41ee6cb6b4f58   (733 words)

  
 Scott Livengood - Leading Authorities Speakers Bureau
Scott A. Livengood, Chairman of the Board, Chief Executive Officer and President of Krispy Kreme Doughnuts, was born in Salisbury, North Carolina in 1952 but grew up in Winston-Salem, the same city that Krispy Kreme has called home for its entire 65-year history.
Scott Livengood attended the University of North Carolina in Chapel Hill, where he received his BS Degree, and returned to Winston-Salem.
Scott Livengood is a member of the of the Board of Visitors of the University of North Carolina at Chapel Hill and serves on the executive committee of the University's Educational Foundation.
www.leadingauthorities.com /23724/Scott_Livengood.htm   (326 words)

  
 Fool.com: Krispy Kreme's Sweet Spot [Special] June 11, 2003
A self-proclaimed Krispy Kreme "fan for life," Livengood discusses his company's customers, his own predilection for doughnuts, and how they figure out how much a glazed doughnut should cost.
Livengood: (Laughing) Probably too much, but I have been a Krispy Kreme fan my whole life.
Livengood: What we really know is how many doughnuts people buy.
www.fool.com /specials/2003/03061100kkd.htm   (734 words)

  
 Krispy Kreme picks restructuring expert as chief executive - FinanceGates.com   (Site not responding. Last check: 2007-10-15)
The departure of Krispy Kreme Doughnuts Inc chief executive Scott Livengood gave a 19% boost to the value of the company’s stock.
Krispy Kreme’s boss Scott A. Livengood will retire as president, chairman of the board and as a director of the doughnut empire to become instead its interim consultant.
Livengood’s retirement comes at a time when Krispy Kreme is struggling with falling revenue and accounting problems.
www.financegates.com /news/market_news/2005-01-19/krispy_19012005.html   (364 words)

  
 Livengood initially will act as a consultant; Krispy Kreme projects quarterly loss - 2005-01-18   (Site not responding. Last check: 2007-10-15)
Scott Livengood is relinquishing all his posts at Krispy Kreme Doughnuts Inc., capping a year where the doughnut maker has seen its stock plummet amid declining sales and a formal investigation by the Securities and Exchange Commission.
Livengood, who also has left the board of directors, will remain a consultant to the company on an interim basis.
Livengood, who was advised by Twin City law firm Davis and Harwell, also agreed to a one-year noncompete clause.
www.bizjournals.com /triad/stories/2005/01/17/daily13.html   (773 words)

  
 DannysKidsPage - Interview with Scott Livengood, President/CEO of Krispy Kreme Doughnuts
Livengood: The company began in 1937 here in Winston-Salem North Carolina when the founder of the company had bought a doughnut recipe from a cajun chef, his name was Joe Labeau, and our founder bought this recipe from him.
Livengood: Well we have about thirty varieties that our stores have and twelve varieties that are our common offerings that they’re required to have and then they have three optional varieties.
Livengood: Well yours is becoming one of my favorites, but the website I use more than any is the weather channel.
www.dannyskidspage.com /0212livengood.html   (433 words)

  
 Livengood Family Genealogy Forum
Re: Livengood, David/Schoaf, Fanny - Sherri Livingood Newberry 8/21/01
Re: Livengood, David/Schoaf, Fanny - Sherri Newberry 1/06/04
Re: W'm Webster--b.abt.1900--Somerset Co.,PA - Ralph Leon Livengood 1/30/99
www.genforum.genealogy.com /livengood   (1721 words)

  
 USATODAY.com - Quarterly earnings not so sweet for Krispy Kreme   (Site not responding. Last check: 2007-10-15)
Livengood outlined plans to slow the company's growth and look for cost cuts.
Livengood also contends with a previously disclosed inquiry by the Securities and Exchange Commission into the company's accounting for its re-acquisition of some franchises and its earnings guidance to analysts.
Livengood said Krispy Kreme is cooperating "as fully as possible" with the SEC probe but won't offer any further earnings guidance.
www.usatoday.com /money/companies/earnings/2004-08-26-krispy-kreme_x.htm   (498 words)

  
 Krispy Kreme Makes Executive Changes
Livengood has retired, but will become a consultant to the company on an interim basis.
According to an article at TheGlobeAndMail.com, "The doughnut chain has slipped into a boiling vat of trouble since its initial public offering in 2000, when it was Wall Street's hottest new stock of the year.
On behalf of the Board, I want to thank Scott for his years of dedicated service to the Company and for making himself available to Krispy Kreme as a consultant to facilitate the transition," said Mr.
www.webpronews.com /business/topbusiness/wpn-54-20050119KrispyKremeMakesExecutiveChanges.html   (408 words)

  
 Livengood Family Genealogy Forum
Re: Phillip Livengood in PA 1737 to 1761 - Sherry Silverstein-Alpert 6/17/00
Re: Phillip Livengood in PA 1737 to 1761 - Tim Cohea 3/03/99
Re: Phillip Livengood in PA 1737 to 1761 - Sharon Taylor 4/13/99
www.genforum.com /livengood   (1721 words)

  
 Livengood ousted as head of troubled Krispy Kreme   (Site not responding. Last check: 2007-10-15)
(01-18) 07:42 PST CHARLOTTE, N.C. Chief executive officer Scott Livengood was ousted Tuesday as head of Krispy Kreme Doughnuts Inc., the once-trendy chain whose stock price has plummeted amid a federal securities investigation and allegations of padded sales figures.
Sales have continued to slide in the fourth quarter of the current fiscal year, the company said, adding that for the eight weeks ending Dec. 26, average weekly sales per factory store throughout the Krispy Kreme system were down 18 percent.
Replacing Livengood as president will be Stephen Panagos, the company said; James Morgan, who has served as a director of the Company since July 2000 and vice chairman since March 2004, has been elected chairman, Krispy Kreme said.
www.sfgate.com /cgi-bin/article.cgi?f=/news/archive/2005/01/18/financial1003EST0052.DTL   (611 words)

  
 Scott Livengood
Scott A. Livengood loves to wax about the "brand mythology" that has built up around Krispy Kreme Doughnuts Inc. (KKD), which enjoys a cult-like following.
While Livengood blames the doughnut chain's woes on the low-carb craze, critics counter that rival Dunkin' Donuts Inc. (AED)doesn't seem to be suffering any similar effects.
The company is also being dogged by questions over how it accounted for the buyout of franchisees, as well as accusations of self-dealing in its buyback of some franchises owned by corporate insiders.
aol.businessweek.com /magazine/content/05_02/b3915649.htm   (646 words)

  
 Livengood out at Krispy kreme - January 19, 2005   (Site not responding. Last check: 2007-10-15)
Livengood out at Krispy kreme - January 19, 2005
CHARLOTTE, N.C. — Chief executive officer Scott Livengood is out as head of troubled Krispy Kreme Doughnuts Inc., which has been under regulators’ scrutiny for its franchise buybacks and earnings outlooks and is facing shareholder lawsuits, the company said Tuesday.
The company said Livengood also retired from his positions as president, chairman of the board and as a director of the company and will become a consultant on an interim basis.
www.dailyitem.com /archive/2005/0119/biz/stories/07biz.htm   (294 words)

  
 CEOs Get the Golden Boot By Rich Duprey (TMF Cop) Mar 11, 2005 - Pegasystems Inc., Boeing Co., Kellogg Co., Krispy ...   (Site not responding. Last check: 2007-10-15)
When Scott Livengood resigned from Krispy Kreme Doughnuts (NYSE: KKD), a Motley Fool Stock Advisor selection, the board did not change his original employment agreement, so he did not get a severance package.
Instead, he got a "consulting" job with the company for which he would be paid more than $45,000 a month for six months -- essentially the same pay as his CEO salary.
I'm sure investors who have seen their shares dwindle from $50 a share to just more than $5 each under Livengood's watch are pleased to know that he will still be advising the company.
articles.fool.com /coms2/summary_0268-webdata20050311X27_ITM   (967 words)

  
 Krispy Kreme: - Jun. 6, 2001
NEW YORK (Business2.com) - It is appropriate that the CEO of Krispy Kreme is named Scott Livengood.
In his company's first two weeks on the New York Stock Exchange, Krispy Kreme stock rose from $59 to $75 (which increased its market capitalization to $2 billion), and the company announced its second stock split of the year.
But after the IPO, Krispy Kreme entered a joint venture (in which Livengood is a 6 percent owner) to develop stores in Northern California.
cnnfn.cnn.com /2001/06/06/investing/biz_krispy/index.htm   (963 words)

  
 BW Online | December 9, 2002 | His Doughnut Stores Are His "Children"
That's how Krispy Kreme CEO Scott Livengood thinks about his expanding outfit and the sweet spot it has carved for itself
BusinessWeek Online's David Shook spoke to Krispy Kreme CEO Scott Livengood on Dec. 6.
Livengood, who joined the company 25 years ago in Winston-Salem, N.C., and has been chief exec since 1997, talked about the ability to continue growing, credibility on Wall Street, and the chain's improved coffee.
www.businessweek.com /bwdaily/dnflash/dec2002/nf2002129_7924.htm   (862 words)

  
 Krispy Kreme's Livengood gets $1M in annual compensation - 2003-05-02
Krispy Kreme Doughnuts President and CEO Scott Livengood received around $1 million in total compensation during the company's fiscal year that ended Feb. 3, though his bonus was a third of what is was the year before, according to a recent regulatory filing.
Livengood was awarded a bonus of $231,805, or almost a third of the bonus he received in the company's previous fiscal year.
Krispy Kreme also granted Livengood options on 80,000 shares in fiscal-year 2003 at a base exercise price of $34.80.
triad.bizjournals.com /triad/stories/2003/04/28/daily52.html   (560 words)

  
 Sample Contracts and Business Forms - Consulting Agreement - Krispy Kreme Doughnuts Inc. and Scott A. Livengood - ...
Consulting Agreement This Consulting Agreement (the "Agreement") is made and entered into, effective January 18, 2005, by and between Krispy Kreme Doughnuts, Inc. (the "Company") and Scott A. Livengood (the "Consultant").
If to the Consultant: Scott A. Livengood c/o Fred R. Harwell, Jr., Esq.
The Company may withhold from any amounts payable under this Agreement such federal, state, local or foreign taxes as shall be required to be withheld pursuant to any applicable law or regulation.
contracts.onecle.com /krispy-kreme/livengood.consult.2005.01.18.shtml   (897 words)

  
 Livengood: Resigns From Top Krispy Kreme Posts; Enron Vet Cooper Takes CEO Reins - Forbes.com   (Site not responding. Last check: 2007-10-15)
The company, overshadowed by investor lawsuits, is under a regulatory microscope for its policies on franchise buybacks and earnings forecasts.
The purveyor of sweet dough on Tuesday announced Livengood's move as part of "a number of important actions to address the company's current situation." He was replaced as CEO by Stephen Cooper, famed for guiding the bankruptcy reorganization of disgraced energy trader Enron.
Krispy Kreme said Livengood also retired as a director but will become a consultant on an interim basis.
www.forbes.com /2005/01/18/0118autofacescan03.html   (414 words)

  
 Livengood: Resigns From Top Krispy Kreme Posts; Enron Vet Cooper ...   (Site not responding. Last check: 2007-10-15)
Livengood: Resigns From Top Krispy Kreme Posts; Enron Vet Cooper...
Scott Livengood has cut the fat and carbs from his professional life: He resigned from his posts as chief executive, chairman, and president at Krispy Kreme Doughnuts (nyse: KKD - news - people).
Continue to Livengood: Resigns From Top Krispy Kreme Posts; Enron Vet Cooper...
www.guarantee-finance.com /v23667.html   (157 words)

  
 BusinessWeek lists Livengood among 2004's worst executives - 2005-01-07
Krispy Kreme Chairman and CEO Scott Livengood has been named one of the worst corporate managers in the country in a recent online series from BusinessWeek magazine.
BusinessWeek said it included Livengood on a list of seven top executives in part due to the collapse of the company's stock and the accounting issues surrounding the purchases of stakes in certain franchises.
This is the second time in a matter of weeks that Livengood has received such a dubious distinction in the media.
www.bizjournals.com /triad/stories/2005/01/03/daily39.html   (539 words)

  
 FINANCIAL HEADLINES: Krispy Kreme dumps CEO Livengood
Biz & Tech briefing: CLICK HERE to receive a business, technology and automotive briefing in your e-mail inbox every morning in time for breakfast.
Chief executive officer Scott Livengood was ousted as head of Krispy Kreme Doughnuts Inc.
Livengood, 52, who has been at the helm for seven years and led the Winston-Salem, N.C.-based company's rapid rise, was replaced by Stephen Cooper, a turnaround specialist who most recently shepherded the Enron Corp. bankruptcy reorganization.
www.freep.com /money/business/tick19e_20050119.htm   (129 words)

  
 The Holes in a Krispy Kreme Rally
Shares of beleaguered doughnut chain Krispy Kreme (KKD) moved solidly higher on Jan. 18 after it was reported that Scott Livengood retired as chairman, CEO, and president.
Investors may have also been relieved by Krispy Kreme's announcement that its credit-facility lenders have agreed not to declare it in default of its loans -- arising from its failure to deliver financial statements -- for another week.
Livengood's departure comes at a time when sales at Krispy Kreme stores have consistently fallen year-over-year.
www.businessweek.com /investor/content/jan2005/pi20050119_0925_pi015.htm   (1422 words)

  
 Worst CEO: Krispy Kreme's Scott Livengood
Continue to Worst CEO: Krispy Kreme's Scott Livengood on Misc sources.
The UK economy grew by 0.5% in the first three months of 2005,, the worst quarterly growth rate for almost two years.
NEW YORK (MarketWatch) -- The eight former executives who are challenging Chief Executive Philip Purcell's fitness to lead Morgan Stanley have asked the company to replace him with the firm's form...
www.guarantee-finance.com /v9606.html   (158 words)

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