Krispy Kreme names Mars veteran Jeremiah Ashukian as its new CFOKrispy Kreme names Mars veteran Jeremiah Ashukian as its new CFO

Jeremiah Ashukian has been named executive vice president and chief financial officer of Krispy Kreme, effective Jan. 9.

Ashukian has more than 20 years of experience, most recently serving as chief financial officer of Mars Wrigley North America. He has served in various CFO roles in North America and Latin America at Mars Inc. and led Mars’ acquisition of Kind. He graduated from Wilfrid Laurier University and holds a CMA certification and CPA license.

“I am thrilled to be joining one of the most iconic and loved sweet treat brands at such an exciting time in its history. Krispy Kreme continues to have multiple attractive avenues to drive high growth and value creation, and I am excited to partner with this incredible management team to help pilot this strategy as we move forward,” he said in a statement.

Ashukian succeeds Josh Charlesworth, who has served as CFO since April 2017 and will continue in his role as global president and chief operating officer.

“We are confident that (Ashukian’s) strong financial background and deep global experience in the consumer sector will help drive our strategic plans and deliver long-term value for shareholders. I also want to thank Josh for his many invaluable contributions as CFO over the past 5 years. Our organization will continue to benefit from Josh’s leadership and insights in his global president and COO roles and I look forward to continuing to advance our strategy together,” President and CEO Mike Tattersfield said in a statement.

Krispy Kreme experienced 10% revenue growth in Q3 and the brand is working to increase its global points of access, particularly in international markets.

Contact Alicia Kelso at [email protected]