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Politics : High Tolerance Plasticity -- Ignore unavailable to you. Want to Upgrade?

To: Terry D who wrote (12808)	3/8/2002 7:57:55 AM
From: Terry D	Respond to of 23153

Strange sign of the times - file under - "We Are Doughnut Makers Jim, Not Financial Engineers" NEWSWIRES Krispy Kreme Doughnuts Inc. has scrapped some unconventional management practices in recent weeks and is taking other steps to boost investor confidence in light of the Enron Corp. scandal. Chairman and Chief Executive Scott Livengood said the doughnut maker will boost the number of directors on its 11-member board by adding two outside directors as soon as possible. That would bring to seven the number of directors who are neither employees nor franchise owners, up from five currently and zero before the company's initial public offering in April 2000. Having a majority of insiders on the board is uncommon among publicly traded companies.