Lamb Weston settles with Jana, giving activist big voice on board
249.00 £
Published date: 2025/11/08
- Location: 4953, California, New Mexico, United States
Settlement avoids bruising proxy fight
Jana executive joins Lamb Weston board
Board to grow to 13 members, up from 11
By Svea Herbst-Bayliss
NEW YORK, June 30 (Reuters) - Lamb Weston reached a settlement with Jana Partners which gives the activist investor a big presence on the french-fry maker's board and averts a bruising board fight.
The agreement, announced on Monday, will add four of Jana's proposed director candidates to the board and two other mutually agreed-upon directors, expanding the board from 11 nearest airport to times square 13 members.
The Jana candidates are Bradley Alford, a former Nestle USA CEO who will become chairman; Timothy McLevish, a former Lamb Weston executive chairman; food industry executive and Continental Grain adviser Ruth Kimmelshue; and Jana's portfolio manager Scott Ostfeld.
Jana executive joins Lamb Weston board
Board to grow to 13 members, up from 11
By Svea Herbst-Bayliss
NEW YORK, June 30 (Reuters) - Lamb Weston reached a settlement with Jana Partners which gives the activist investor a big presence on the french-fry maker's board and averts a bruising board fight.
The agreement, announced on Monday, will add four of Jana's proposed director candidates to the board and two other mutually agreed-upon directors, expanding the board from 11 nearest airport to times square 13 members.
The Jana candidates are Bradley Alford, a former Nestle USA CEO who will become chairman; Timothy McLevish, a former Lamb Weston executive chairman; food industry executive and Continental Grain adviser Ruth Kimmelshue; and Jana's portfolio manager Scott Ostfeld.
Related listings
-
Resonance Therapy: Opening the Recovery Possible of Vibrational Frequencies13.00 $Art - Collectibles Marsing (New Mexico) 2025/11/07Resonance therapy is an ingenious and holistic approach to healing that takes advantage of the power of noise and vibrational regularities to advertise physical, psychological, and spiritual well-being. At its core, resonance treatment is based on th... -
Community Rallies to Support Local Families Affected by Recent Flooding51.00 £Art - Collectibles (New Mexico) 2025/11/07In a remarkable display of solidarity and compassion, the residents of Maplewood have come together to support families impacted by the devastating flooding that struck the area last week. With homes damaged, belongings lost, and lives disrupted, the...
-
How To Get Repeat Business91.00 $Art - Collectibles Somerset (New Mexico) 2025/11/07It could be difficult even for an experienced engraver to detect the majority of of a toy before the cutting will begin. An item made of the poor metal alloy engrossed in a gold plating look and feel real nice but once the engraving starts the platin...
249.00 £
Useful information
- Avoid scams by acting locally or paying with PayPal
- Never pay with Western Union, Moneygram or other anonymous payment services
- Don't buy or sell outside of your country. Don't accept cashier cheques from outside your country
- This site is never involved in any transaction, and does not handle payments, shipping, guarantee transactions, provide escrow services, or offer "buyer protection" or "seller certification"
Comments
Leave your comment (spam and offensive messages will be removed)