Lamb Weston swaps CEO. Cuts forecast. Stock falls. Activist investor remains unhappy
Just days after an activist investor urged leadership changes at Eagle-based Lamb Weston, the company’s CEO of more than eight years is out. The potato products company appointed Michael J. Smith, the company’s current Chief Operating Officer to the CEO job starting on January 3.
Shares of Lamb Weston ( LW -21.23%) -- North America's largest potato producer -- were sliding again after it delivered third ...
Jana Partners, which together with its strategic and operating partners owns more than 5% of Lamb Weston (LW), and is one of the company’s ...
Activist investor Jana Partners reiterated a call for Lamb Weston (NYSE:LW) to make board and leadership changes and if not ...
Lamb Weston, a major supplier of frozen French fries to global chains like McDonald’s, KFC and Taco Bell, has named a new CEO ...
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Lamb Weston Faces Management Overhaul Amid Investor PressureLW faces pressure from JANA Partners for leadership changes amid financial struggles and operational missteps.
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Jana Partners ups sale ante on Lamb Weston as Post Holdings bid emergesThe US activist investor today urged Lamb Weston to “explore a sale and take advantage of strategic interest in the company”.
Post has a market value of about $7 billion, while Lamb Weston has a market value of approximately $10.5 billion. Wall Street ...
Lamb Weston Holdings Inc. needs “significant” changes in leadership, and absent that, the company should consider options ...
Jana Partners, which together with its strategic and operating partners owns more than 5% of Lamb Weston (LW), and is one of the company’s ...
Activist investor Jana Partners urged Lamb Weston on Monday to replace board members and top executives to improve its performance or else put itself up for sale.
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