Krispy Kreme names new CFO

Krispy Kreme Doughnuts Inc. announced today that Price Cooper will be joining Krispy Kreme as executive vice president later this month.

Cooper will be appointed CFO, succeeding Douglas R. Muir, who has served in the role since June 2007 and who announced his retirement plans last year.

"We are excited to have Price join our team," said President and Chief Executive Officer Tony Thompson in a company press release. "His personal integrity, extensive restaurant experience, strategic perspective and financial expertise as a public company chief financial officer make him the ideal fit for Krispy Kreme. We again want to thank Doug Muir for his over ten years of service and for his assistance in transitioning responsibilities over to Price."

Cooper previously served as chief financial officer of Texas Roadhouse, Inc. and prior to that was employed by Ruby Tuesday, Inc. Mr. Cooper has held various positions in finance, planning and accounting with over 18 years of finance and accounting experience including 14 years in the restaurant industry.

Cooper is expected to begin his transition on Feb. 2.