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Lamb Weston, Jana Partners
Jana Partners criticises Lamb Weston CEO change
Jana Partners said that the decision to replace the CEO with another long-standing executive is a “stick in the eye” for shareholders.
Lamb Weston replaces CEO amid push from Jana as forecast cuts singe shares
Lamb Weston trimmed its annual forecasts and replaced its CEO with insider Michael Smith on Thursday, following pressure from activist investor Jana Partners to revamp its top management or sell itself.
Lamb Weston Replaces CEO, Cuts Outlook
Lamb Weston Holdings said it was replacing its chief executive and slashing guidance again as demand for frozen potato products sputters, sending shares sharply lower.
Lamb Weston names Michael Smith as new CEO, cuts sales outlook
The listed business, based in Idaho, has appointed current COO Michael Smith as its CEO and president, effective 3 January. He replaces Thomas Werner, who is stepping down as CEO and as a member of the board, although he will remain with the business in an advisory capacity until next August.
1d
on MSN
A shake-up at one of world’s biggest frozen French fry makers
Lamb Weston, a major supplier of frozen French fries to global chains like McDonald’s, KFC and Taco Bell, has named a new CEO ...
15h
on MSN
The sharks are circling Idaho french-fry maker as activist investor demands changes
We believe this dismal performance record significantly understates the magnitude of lost opportunity,” the investor group ...
5h
Lamb Weston: Another Rough Quarter, But Valuation Is Improving (Rating Upgrade)
Lamb Weston had another down quarter, as it works through both operational and end market headwinds. Find out why LW stock is ...
International Business Times
1d
French Fry Company Lamb Weston Sees Stock Price Plunge On Bad News
Crinkle
Fries
from
Lamb
Weston
Holdings, Inc.
Lamb
Weston
Holdings, Inc. With second quarter fiscal results revealing declines in sales, income and earnings, the annual net sales for ...
14h
Lamb Weston price target lowered to $67 from $83 at BofA
BofA lowered the firm’s price target on Lamb Weston (LW) to $67 from $83 and keeps a Neutral rating on the shares. Global competition for ...
FoodBusinessNews
3d
Post Holdings eyeing acquisition of Lamb Weston
Post has a market value of about $7 billion, while Lamb Weston has a market value of approximately $10.5 billion. Wall Street ...
10d
French fry giant deals Eastern WA town another blow. It laid off nearly 400 in October
Lamb Weston shocked the north Franklin County city of about 5,500 on Oct. 1 when it announced it was permanently closing the ...
Idaho State Journal
1d
A shake-up at Idaho-based Lamb Weston, one of world's biggest frozen french fry makers
Lamb Weston, a major supplier of frozen French fries to global chains like McDonald’s, KFC and Taco Bell, has named a new CEO ...
1d
on MSN
Lamb Weston Stock Sinks as Potato Giant Swings to Unexpected Loss, Cuts Outlook
Key Takeaways Shares of Lamb Weston plunged in premarket trading Thursday after the maker of frozen fries swung to a surprise ...
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