Smucker

The J.M. Smucker Co. Announces Formation of New Strategic Business Area and Changes to its Leadership Team

Retrieved on: 
Tuesday, November 7, 2023
Smucker, NYSE, Consumer (food chain), International, Milk, Supply chain, Chairperson, Acquisition, Hostess, Ferguson, Senior, SJM, Tyson Foods, Transformation, Growth, Information services, Marketing, Commodity, Pet, Snack, Hostess Brands, Kraft Foods, Big Heart Pet Brands, Management, Video game, Coffee

The Company has also announced a series of leadership changes to support the business following the closing of its acquisition of Hostess Brands.

Key Points: 
  • The Company has also announced a series of leadership changes to support the business following the closing of its acquisition of Hostess Brands.
  • The Company has shared an updated strategic business area structure to support the expanded family of brands and to continue to advance its strategy.
  • In his new role, Ferguson will lead both the coffee business and the Company's procurement management across all categories.
  • The Company will discuss the updated strategic business area structure and leadership changes when it reports its second quarter fiscal 2024 results on December 5, 2023.

Hostess Brands Reports Third Quarter 2023 Results

Retrieved on: 
Tuesday, November 7, 2023
Supply Chain Management, Retail, Discount, Variety, Convenience Store, Supermarket, Food, Beverage, Smucker, Insurance, Voortman, EBITDA, GAAP, Acquisition, Hostess Brands, Growth, EPS, Voortman Cookies, Capital expenditure, Investment, Health care, Bank, Bookkeeping, Cryptocurrency, Life insurance

Hostess Brands, Inc. (NASDAQ: TWNK) (the “Company,” “Hostess Brands,” “we,” “us,” and “our”) today reported its financial results for the three and nine months ended September 30, 2023.

Key Points: 
  • Hostess Brands, Inc. (NASDAQ: TWNK) (the “Company,” “Hostess Brands,” “we,” “us,” and “our”) today reported its financial results for the three and nine months ended September 30, 2023.
  • “I am extremely proud of the entire Hostess Brands team for building a premier snacking company focused on attractive snacking occasions, a portfolio of iconic brands, and outstanding execution to deliver long-term, sustainable profitable growth,” commented Andy Callahan, President and Chief Executive Officer, Hostess Brands.
  • As such, the Company will not provide its outlook for 2023 or longer-term targets and will not hold a conference call to discuss the Company’s financial results for the third quarter and year-to-date ended September 30, 2023.
  • Due to the pending transactions with Smucker, Hostess Brands will not host an investor call to discuss quarterly and year-to-date results and will not provide further updates to forward-looking guidance for 2023.

The Best of What's New CSP Announces Winners of 2023 Retailer Choice Best New Product Contest

Retrieved on: 
Wednesday, October 4, 2023
Cream, Moonlight, Peanut oil, Drink, CPG, Light, SRP, Tobacco, Uber Eats, EVS, AIO, Zest (brand), Ferrero, CSP, Love, EV, DoorDash, Magnesium, Breast, Cookies and cream, Candy, McKee Foods, Agave, Coffee, FDA, Spice, Nutella, Egg, Plastic, Retail, Cheese, Franke, Tostitos, General Mills, Chocolate, White Owl, PET, Gen4 Energy, ABV, Electric vehicle, Doritos, Smucker, The Coca-Cola Company, Swedish Match, Wine, Grocery store, Baking, Fast food, Soft drink, Tea, Chex, Vroom

CHICAGO, Oct. 4, 2023 /PRNewswire/ -- CSP is excited to announce the winners of its 20th annual Retailer Choice Best New Product Contest.

Key Points: 
  • CHICAGO, Oct. 4, 2023 /PRNewswire/ -- CSP is excited to announce the winners of its 20th annual Retailer Choice Best New Product Contest.
  • Hundreds of convenience retailers voted in this year's competition, choosing winners from CPG manufacturers large and small.
  • Awards will be presented to the contest winners during the NACS Show convention and tradeshow Oct. 3-6 in Atlanta.
  • Hershey Co.'s Reese's Dipped Animal Crackers are bite-sized animal crackers covered in peanut butter candy and dipped in milk chocolate.

ALERT: The M&A Class Action Firm Continues Investigating the Merger – TWNK, AVTA, WRK, NXGN

Retrieved on: 
Tuesday, September 12, 2023
NextGen Healthcare, WestRock, Hostess Brands, Empire, Sale, Acquisition, Thoma Bravo, Monteverde, AVTA, The J.M. Smucker Company, WRK, NYSE, Security (finance), Smucker

Under the terms of the tender offer, TWNK shareholders are expected to receive 0.03002 shares of Smucker and $30.00 in cash per share they own.

Key Points: 
  • Under the terms of the tender offer, TWNK shareholders are expected to receive 0.03002 shares of Smucker and $30.00 in cash per share they own.
  • It is free and there is no cost or obligation to you.
  • Under the terms of the agreement, AVTA shareholders are expected to receive $26.00 in cash per share they own.
  • Under the terms of the agreement, NXGN shareholders are expected to receive $23.95 in cash per share they own.

The J.M. Smucker Co. Announces Leadership Updates

Retrieved on: 
Tuesday, March 7, 2023
Publicis, Crane, Growth, Market for corporate control, Chairperson, Creativity, International, NCT 2020 Resonance, Hollander, Publics, CPG, Marketing, Controller, Senior, Smucker, Management, Finance

"These leadership updates reflect our commitment to evaluate our organizational structure, as necessary, to ensure the continued advancement of our organization and that we execute with excellence," said Mark Smucker, Chair of the Board, President and Chief Executive Officer.

Key Points: 
  • "These leadership updates reflect our commitment to evaluate our organizational structure, as necessary, to ensure the continued advancement of our organization and that we execute with excellence," said Mark Smucker, Chair of the Board, President and Chief Executive Officer.
  • The Company's marketing and commercial leadership updates reflect its commitment to build upon the momentum of its commercial organization, supporting continued brand share growth and category leadership.
  • He brings nearly 20 years of experience highlighted by sales leadership roles of increasing responsibility with the Company.
  • Burick has held a series of finance leadership roles with the Company over the past 20 years, most recently serving as Vice President, Corporate Controller.

The Simply Good Foods Company Announces CEO Succession Plan

Retrieved on: 
Monday, January 30, 2023
Marketing, The J.M. Smucker Company, The Good Food Institute, COVID-19, NYSE, Del Monte, Big Heart Pet Brands, Acquisition, Commercial, SJM, Del Monte Foods, Sale, Transition, Chairperson, Growth, Organization, Culture, Management, Smucker, Quest

DENVER, Jan. 30, 2023 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (NASDAQ: SMPL) (“Simply Good Foods” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products under the Quest™ and Atkins™ brands, today announced a CEO succession plan.

Key Points: 
  • Joseph E. Scalzo to Transition to Executive Vice Chair of the Board of Directors, Effective July 7, 2023, and Serve through Company’s Fiscal Year End 2024
    DENVER, Jan. 30, 2023 (GLOBE NEWSWIRE) -- The Simply Good Foods Company (NASDAQ: SMPL) (“Simply Good Foods” or the “Company”), a developer, marketer and seller of branded nutritional foods and snacking products under the Quest™ and Atkins™ brands, today announced a CEO succession plan.
  • Smucker Company (NYSE: SJM), has been named President, Chief Operating Officer and CEO Elect and a member of the Simply Good Foods Board of Directors, effective April 3, 2023.
  • As CEO of Simply Good Foods and its predecessor Atkins Nutritionals, Inc., Mr. Scalzo has overseen a period of profound growth, innovation and value creation for nearly 10 years.
  • With trusted brands, an industry-leading e-commerce platform and a culture of innovation, Simply Good Foods has tremendous potential.

The J.M. Smucker Co. Names Rebecca Scheidler Senior Vice President and General Manager of Consumer Foods

Retrieved on: 
Friday, January 6, 2023
Cream, Consumer (food chain), Customer, Bristol Myers Squibb, NYSE, E-commerce, Kao Corporation, P&L, Heart, Growth, Marketing, Senior, The J.M. Smucker Company, SJM, Snack, Multimedia, Food, CPG, Culture, Smucker, Restaurant, Hudsonville, PETS, Pro-Life Action League, Management

Smucker Co. (NYSE: SJM) today announced the election of Rebecca Scheidler as Senior Vice President & General Manager, Consumer Foods, effective Jan. 16, 2023.

Key Points: 
  • Smucker Co. (NYSE: SJM) today announced the election of Rebecca Scheidler as Senior Vice President & General Manager, Consumer Foods, effective Jan. 16, 2023.
  • Scheidler, who previously served as Vice President, Customer and Category Business and Vice President, Marketing, Consumer Foods, brings more than two decades of CPG leadership to the role.
  • Before joining Smucker in 2019, Scheidler held leadership roles at Bristol Myers Squibb and Kao Corporation.
  • "Tina has been an integral part of our Company and infused passion and strategic vision into the Consumer Foods business," said Brase.

The J.M. Smucker Co. Highlights Progress on Strategic Priorities and Provides Update on Continued Transformation at 2022 Investor Day

Retrieved on: 
Wednesday, December 14, 2022
PETS, Heart, Culture, Food, DD, Chairperson, SJM, Pet food, Consumer (food chain), NYSE, The J.M. Smucker Company, Digital Transformation Office, Restaurant, Marketing, Growth, Multimedia, Equity, Senior, Diversity, Management, Asset management, Coffee, Smucker

Smucker Co. (NYSE: SJM) will highlight progress on its strategic priorities and provide an update on its continued transformation at the Company's 2022 Investor Day.

Key Points: 
  • Smucker Co. (NYSE: SJM) will highlight progress on its strategic priorities and provide an update on its continued transformation at the Company's 2022 Investor Day.
  • "Our proven strategy has allowed us to deliver strong, sustained financial results in a dynamic environment.
  • "As we progress our strategy further, we remain focused on our consumers and delivering balanced top- and bottom-line growth.
  • At the Investor Day, the Company will provide an overview of its progress toward its strategic priorities to:
    Drive prioritization and best-in-class execution;
    Improve profitability and cost discipline;
    Nurture and invest in its culture; and
    Improve diversity and foster inclusion and equity.

Ohio Governor Mike DeWine and JobsOhio Announce Support of New The J.M. Smucker Company R&D Center in Orrville

Retrieved on: 
Monday, December 5, 2022
Food industry, PETS, Heart, The J.M. Smucker Company, Culture, Development, Food, R, Economic development, Coffee, Research, Ohio Department of Job and Family Services, Consumer (food chain), Milk-Bone, Folgers, Restaurant, Multimedia, Senior, Smucker, Jif, Renewable energy, Bottled water, Sealed crustless sandwich

ORRVILLE, Ohio, Dec. 5, 2022 /PRNewswire/ -- Ohio Governor Mike DeWine and JobsOhio , the state's private economic development corporation today announced The J.M.

Key Points: 
  • ORRVILLE, Ohio, Dec. 5, 2022 /PRNewswire/ -- Ohio Governor Mike DeWine and JobsOhio , the state's private economic development corporation today announced The J.M.
  • "Smucker's has been part of the fabric of Ohio for more than a century," said Governor DeWine.
  • Smucker Co., a staple of American ingenuity that has called Ohio home for 125 years," said J.P. Nauseef, JobsOhio president and CEO.
  • "The new, cutting-edge R&D facility in Orrville will advance product development for Smucker while providing positive economic impact to the state."

The J.M. Smucker Co. to Report Second Quarter Earnings and Announces Webcast of 2022 Investor Day

Retrieved on: 
Monday, October 31, 2022
Heart, Culture, Mission statement, Board, NYSE, Chairperson, Jif, The J.M. Smucker Company, Restaurant, Smucker, Food, Company, Multimedia, SJM, PETS, Folgers, Milk-Bone

Smucker Co. (NYSE: SJM) will release its second quarter fiscal 2023 financial results onMonday, November 21, 2022.

Key Points: 
  • Smucker Co. (NYSE: SJM) will release its second quarter fiscal 2023 financial results onMonday, November 21, 2022.
  • The Company will webcast a live question and answer session with Mark Smucker, Chair of the Board, President and Chief Executive Officer, and Tucker Marshall, Chief Financial Officer, at 9:00 a.m. Eastern Standard Time on that date.
  • The Company will host its 2022 Investor Day on Wednesday, December 14, 2022, at 8:30 a.m. Eastern Standard Time in New York City.
  • Each generation of consumers leaves their mark on culture by establishing new expectations for food and the companies that make it.