The J. M. Smucker Co. has announced an evolution of its executive leadership structure and team reporting to Mark Smucker, president and CEO. The new executive leadership structure, effective Nov. 25, 2019, is designed to sharpen the company’s focus on strategic initiatives, enhance accountability for business delivery, streamline decision making, and enable greater agility to ensure delivery of strategic and financial priorities.
The company has announced the establishment of a chief operating officer role and commenced a search process, inclusive of external candidates. This position will provide strategic and operational oversight of the company’s U.S. Pet Food and Pet Snacks, Coffee, Consumer Foods, and North American Away-From-Home businesses, as well as its Operations and Supply Chain functions.
The company also announced that Mark Belgya, vice chair and CFO, will retire Sept. 1, 2020, and Tucker Marshall, vice president of finance, will succeed Belgya as CFO following the completion of the current fiscal year on May 1, 2020.
The new leadership structure is, as follows:
As part of these executive leadership changes, Dave Lemmon, president, Pet Food and Pet Snacks, and Kevin Jackson, senior vice president, U.S. Retail Sales and Away-From-Home, are no longer in leadership roles and will officially be exiting the company in early December. The company has initiated a search process for both roles, inclusive of external candidates. The Pet Food and Pet Snacks business will be led on an interim basis by Rob Ferguson, senior vice president, Pet Food and Pet Snacks (Interim) and Supply Chain.
“This planned evolution of our leadership structure is an important step to ensure we are positioned to meet and exceed the needs of today and tomorrow’s retailers and consumers,” said Smucker. “The board of directors and I are confident the changes we are making will strengthen our company and ensure each of our 7,591 talented employees are empowered and focused on delivering our strategy, which creates value for our shareholders and all constituents.”
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The recovery of U.S. restaurant customer transactions has stalled for the second week in a row as COVID-19 cases continue to increase in several states, reported The NPD Group.
The U.S. Food and Drug Administration (FDA) has announced the publication of the manuscript “Allergen Removal and Transfer with Wiping and Cleaning Methods Used in Retail and Food Service Establishments.”
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