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Krispy Kreme to Pay New CEO $760 an Hour

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From Reuters

Struggling doughnut chain operator Krispy Kreme Doughnuts Inc. said it would pay its new chief executive, Stephen Cooper, the standard hourly rate of $760 charged by his financial consulting group.

Krispy Kreme last week replaced former CEO Scott Livengood with Cooper, who is chairman of Kroll Zolfo Cooper.

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