Krispy Kreme (DNUT) executive compensation, 2026 proxy

Joshua Charlesworth, President & Chief Executive Officer, was paid $3.7M in 2025, up 47% from $2.5M the year before. The CEO-to-median-employee pay ratio was 111:1, on median employee pay of $33,327.

Filed
April 27, 2026
Annual meeting
June 10, 2026
Pay year
2025
Named executives
6
CEO total pay
$3.7M+47% vs prior year
CEO to median employee
111:1median $33,327
CEO pay in equity
72%$2.7M in awards
Prior say-on-pay support
99%of votes cast
CEO Target Bonus
1,000,000Expressed in US dollars at target
Say-on-Pay Support
99.4%From 2025 annual meeting
Median Employee Pay
$33,327Annual total compensation
CEO Pay Ratio
111:1Ratio to median employee

How Charlesworth was paid

$3.7M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary27%Stock awards58%Option awards15%All other compensation0%

Named executive officers

ExecutiveTotal
Joshua CharlesworthPresident & Chief Executive Officer$3,693,795
Raphael DuvivierChief Financial Officer$2,811,282
Jeremiah AshukianFormer Chief Financial Officer$1,125,089
Alison HolderChief Brand & Product Officer$2,182,717
Nicola SteeleChief Operating Officer$2,592,004
Theresa ZandhuisFormer Chief People Officer$2,124,725

What changed and why

  • $3.7MCEO total compensation increased to $3,693,795 for fiscal year 2025.
  • 99.4%At the 2025 annual meeting, 99.4% of votes cast supported say-on-pay.
  • Raphael Duvivier was promoted to Chief Financial Officer effective July 11, 2025.
  • No annual incentive payouts were made for the 2025 fiscal year performance.
  • 14%Performance share payouts for the 2023-2025 period achieved 14% of target.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.