Scott Livengood
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Scott Livengood is the former CEO of Krispy Kreme Corporation, which makes doughnuts. A native of Salisbury, North Carolina, the University of North Carolina at Chapel Hill-educated man started working for Krispy Kreme in 1977, then a privately held company based in Winston-Salem, North Carolina. He was given the position of president of the company, moving to CEO in 1998, then Chairman of the Board in the following year. Livengood oversaw the IPO of Krispy Kreme on the NASDAQ, and the switch to the NYSE about a year later. 2005 saw the removal of Livengood from his position as the Securities and Exchange Commission (SEC) investigated Krispy Kreme for accounting indiscretions.
Livengood has three children and one step-child and resides in Winston-Salem, North Carolina with his wife and step-daughter. He is the main sponsor of the Scott and Michelle Livengood Center at Forsyth County Day School in Lewisville, NC.
He is currently a named defendant in a large class action lawsuit against him and Krispy Kreme alleging misreporting of profit information. Livengood has also been named "Worst CEO of the Year (2004)" by Herb Greenberg of CBS MarketWatch. [1]
[edit] External links
[edit] References
- Scott Livengood, CEO, Krispy Kreme. CNN.com. Retrieved on June 22, 2004.
