Flowers Foods

W. P. Carey Appoints Rhonda Gass to Board of Directors

Retrieved on: 
Monday, March 18, 2024

NEW YORK, March 18, 2024 /PRNewswire/ -- W. P. Carey Inc. (W. P. Carey, NYSE: WPC), a net lease real estate investment trust, today announced the appointment of Rhonda Gass to its Board of Directors, effective immediately. Ms. Gass will serve as a member of the Audit Committee and brings more than 30 years of experience in technological transformation, cybersecurity and digital risk management.

Key Points: 
  • NEW YORK, March 18, 2024 /PRNewswire/ -- W. P. Carey Inc. (W. P. Carey, NYSE: WPC), a net lease real estate investment trust, today announced the appointment of Rhonda Gass to its Board of Directors, effective immediately.
  • Jason Fox, Chief Executive Officer and Board Member at W. P. Carey, said: "We are thrilled to welcome Rhonda to W. P. Carey's Board of Directors.
  • Rhonda Gass, said: "I am delighted to join W. P. Carey's Board of Directors.
  • With Ms. Gass's appointment, W. P. Carey's Board of Directors currently comprises 11 members, four of whom are female.

FLOWERS FOODS TO PARTICIPATE AT THE BofA SECURITIES 2024 CONSUMER & RETAIL CONFERENCE

Retrieved on: 
Monday, March 11, 2024

THOMASVILLE, Ga., March 11, 2024 /PRNewswire/ -- Steve Kinsey, chief financial officer and chief accounting officer, and J.T.

Key Points: 
  • THOMASVILLE, Ga., March 11, 2024 /PRNewswire/ -- Steve Kinsey, chief financial officer and chief accounting officer, and J.T.
  • Rieck, executive vice president of finance and investor relations, of Flowers Foods, Inc. (NYSE: FLO) will participate in a fireside chat at the BofA Securities 2024 Consumer & Retail Conference on Wednesday, March 13, 2024 at 9:40 a.m.
  • The live audio webcast may be accessed at investors.flowersfoods.com/events-and-presentations .
  • Following the conference, the webcast will be available for replay.

Federal Court Grants Final Approval of $130 Million Settlement For Misclassified Drivers

Retrieved on: 
Friday, March 1, 2024

SAN DIEGO , March 1, 2024 /PRNewswire/ -- Today Judge Jinsook Ohta (S.D. Cal.) granted final approval of a $130 million settlement between delivery drivers and Flower Foods Distributors in California. It represents one of the largest recoveries for individual class members (over $113,000 each) for wage/hour violations in American history. The settlement requires Flowers to spend over $64 million to buy back territories and discontinue its independent distributor program in California. Counsel for the Class, Nicholas & Tomasevic, LLP, describes the change in Flowers' business model as a "rare accomplishment" in employment class action litigation.

Key Points: 
  • granted final approval of a $130 million settlement between delivery drivers and Flower Foods Distributors in California.
  • It represents one of the largest recoveries for individual class members (over $113,000 each) for wage/hour violations in American history.
  • The settlement requires Flowers to spend over $64 million to buy back territories and discontinue its independent distributor program in California.
  • The Court awarded Nicholas & Tomasevic over $18 million in attorneys' fees.

Cooper Standard Promotes Nudd to Vice President, Chief Accounting Officer

Retrieved on: 
Monday, February 12, 2024

NORTHVILLE, Mich., Feb. 12, 2024 /PRNewswire/ -- Cooper Standard (NYSE: CPS) today announced the promotion of Alison Nudd to vice president, chief accounting officer effective March 1, 2024.

Key Points: 
  • NORTHVILLE, Mich., Feb. 12, 2024 /PRNewswire/ -- Cooper Standard (NYSE: CPS) today announced the promotion of Alison Nudd to vice president, chief accounting officer effective March 1, 2024.
  • In her new role, Nudd will be responsible for the Company's accounting function, financial reporting including Securities and Exchange Commission (SEC) reporting, financial systems, and the Company's global business services.
  • Based at the Company's world headquarters in Northville, she will report to Jonathan Banas, executive vice president and chief financial officer.
  • Previously, she served as senior director financial reporting where she led corporate accounting and consolidations, external reporting and technical accounting.

Bread Market to grow by USD 118.37 billion from 2022 to 2027, AB Mauri Ltd. and AGROFERT AS emerge as key contributors to growth - Technavio

Retrieved on: 
Monday, February 5, 2024

Ltd., Pasco Shikishima Corp., Yamazaki Baking Co. Ltd., and Warburtons Ltd. are key companies.

Key Points: 
  • Ltd., Pasco Shikishima Corp., Yamazaki Baking Co. Ltd., and Warburtons Ltd. are key companies.
  • AB Mauri Ltd. - The company offers bread under the brand name Panesse, Scrocchiarella, Holgran, and Fleming Howden.
  • AGROFERT AS - The company offers bread, festive bakery, gingerbreads, gluten-free products, open sandwiches, sandwiched baguettes, stollen plait, super sandwiches, sweet pastry, and toast bread.
  • The growth is fueled by multiple purchases, diverse options, and the incorporation of healthy ingredients like soy, catering to health-conscious consumers.

Tricentis Expands its Prominence within SAP’s Ecosystem with Exceptional Growth in Application Testing

Retrieved on: 
Thursday, February 1, 2024

Selected by SAP for its SAP Solution Extensions, Tricentis extends SAP application life cycle management solutions by offering exceptional testing and software quality assurance capabilities.

Key Points: 
  • Selected by SAP for its SAP Solution Extensions, Tricentis extends SAP application life cycle management solutions by offering exceptional testing and software quality assurance capabilities.
  • In 2023, Tricentis’ SAP partnership saw the following developments:
    40% YoY growth in new customers onboarded, in addition to 46% YoY growth in revenue, with significant traction across the globe.
  • In addition to SAP Solution Extensions powered by Tricentis previously on the SAP price list—SAP Enterprise Continuous Testing, SAP Enterprise Performance Testing, SAP Change Impact Analysis and SAP Enterprise Data Integrity Testing, an extended list of products validated by SAP is now available on the SAP Store, including Tricentis Vera™, and Tricentis NeoLoad.
  • Large organizations such as Vodafone and Flowers Foods are leveraging the SAP solution extension by Tricentis to enhance their QA and application testing needs.

Flowers Foods to Report Fourth Quarter and Full Year 2023 Results

Retrieved on: 
Friday, January 26, 2024

THOMASVILLE, Ga., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Flowers Foods, Inc. (NYSE: FLO) will report its fourth quarter and full year 2023 financial results on Thursday, February 8, 2024, after market close.

Key Points: 
  • THOMASVILLE, Ga., Jan. 25, 2024 (GLOBE NEWSWIRE) -- Flowers Foods, Inc. (NYSE: FLO) will report its fourth quarter and full year 2023 financial results on Thursday, February 8, 2024, after market close.
  • On Friday, February 9, 2024, at 8:30 a.m. Eastern, the company will host a live question and answer webcast.
  • A link to the webcast, press release, pre-recorded remarks by management with accompanying transcript, and supporting slide presentation will be posted on the investors page at www.flowersfoods.com .
  • A replay will be available at the same link following the event.

McCormick Appoints Terry Thomas to Board of Directors

Retrieved on: 
Tuesday, January 23, 2024

HUNT VALLEY, Md., Jan. 23, 2024 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today announced that Terry Thomas, Chief Growth Officer of Flowers Foods, Inc. has been appointed to the Board of Directors of McCormick effective January 23, 2024.

Key Points: 
  • HUNT VALLEY, Md., Jan. 23, 2024 /PRNewswire/ -- McCormick & Company, Incorporated (NYSE: MKC), a global leader in flavor, today announced that Terry Thomas, Chief Growth Officer of Flowers Foods, Inc. has been appointed to the Board of Directors of McCormick effective January 23, 2024.
  • Mr. Thomas has more than 30 years of domestic and global experience in the CPG industry, spanning across all channels and numerous categories.
  • Mr. Thomas is Chief Growth Officer for Flowers Foods, one of the largest producers of packaged bakery foods in the United States with sales of nearly $5 billion.
  • I look forward to working with Terry and the rest of the board to oversee our strategic direction and advance our leadership and differentiation."

FLOWERS FOODS DECLARES DIVIDEND

Retrieved on: 
Thursday, November 16, 2023

THOMASVILLE, Ga., Nov. 16, 2023 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO) today announced that its board of directors has declared a quarterly dividend of $ 0.23 per share, an increase of 4.5% over the same quarter last year.

Key Points: 
  • THOMASVILLE, Ga., Nov. 16, 2023 /PRNewswire/ -- Flowers Foods, Inc. (NYSE: FLO) today announced that its board of directors has declared a quarterly dividend of $ 0.23 per share, an increase of 4.5% over the same quarter last year.
  • This is the 85th consecutive quarterly dividend paid by the company and is payable on December 15, 2023, to shareholders of record on December 1, 2023.

Flowers Foods to Report Third Quarter 2023 Results Invitation

Retrieved on: 
Thursday, October 26, 2023

Flowers Foods, Inc. (NYSE: FLO) will report its third quarter 2023 financial results on Thursday, November 9, 2023, after the market closes.

Key Points: 
  • Flowers Foods, Inc. (NYSE: FLO) will report its third quarter 2023 financial results on Thursday, November 9, 2023, after the market closes.
  • A press release, pre-recorded remarks by management with accompanying transcript, and supporting slide presentation will be issued at that time.
  • On Friday, November 10, 2023, at 8:30 a.m. Eastern, the company will host a live question and answer webcast.
  • The materials and webcast access information can be found at www.flowersfoods.com/investors (Quarterly Updates).