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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: ZenWarrior who wrote (70203)4/17/2001 12:48:41 PM
From: Fast Eddie   of 122087
 
Speaking of high-tech......pay of wireless donut CEO is up.
2000 pay for Krispy Kreme CEO 36 pct sweeter

WASHINGTON, April 17 (Reuters) - Krispy Kreme Doughnuts Inc.(NasdaqNM:KREM - news), the popular doughnut shop chain whose shares made one of the hottest initial public offerings in 2000, sweetened its top executive's compensation by 36 percent last year.

Scott Livengood, the company's chairman, president and chief executive, was paid a salary and bonus totaling $1,061,045 in 2000, up from his earnings of $782,785 in the previous year.

The company said in a proxy statement filed Monday with the U.S. Securities and Exchange Commission that last year was successful and it had benefited from Livengood's leadership.

``The compensation committee made its decision based upon the significant value created by Mr. Livengood's leadership, our strong balance sheet for fiscal 2000 and other successful business indicators,'' the company said of his salary increase.

biz.yahoo.com

Fat Eddie
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