Krispy Kreme has appointed Raphael Duvivier as chief financial officer, effective 11 July 2025.

He will replace Jeremiah Ashukian, who is leaving the company for a role in the private sector.

Duvivier, currently president of international at Krispy Kreme, joined the company in 2019 and has held leadership roles in finance, strategy and operations. He previously worked at Restaurant Brands International and Opus Investimentos.

In a related leadership change, Alison Holder will become chief brand and product officer, also effective 11 July. Holder, who has been with the company for more than 25 years, will take on global marketing responsibilities. She will replace chief growth officer, David Skena, who is also departing 'to pursue another opportunity'.

Josh Charlesworth, Krispy Kreme CEO, said: “We thank Jeremiah and Dave for their contributions over the last several years and wish them both well in their new endeavours. I have the utmost confidence in Raphael, Alison and the rest of our strong team to help drive Krispy Kreme forward as we pursue US expansion through high-volume retail points of distribution and capital-light international franchise growth.”