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.
Eagle-based Lamb Weston names new president and CEO
Lamb Weston has appointed Michael J. Smith, current chief operating officer of Lamb Weston, as president and CEO and as a member of the company’s
Michael Smith appointed CEO of Lamb Weston
EAGLE, IDAHO — Michael Smith has been named president and chief executive officer of Lamb Weston Holdings, Inc., effective January 3. Thomas Werner is stepping down as Lamb Weston’s CEO and as a member of the company’s board but will serve as an advisor to the company through Aug. 31.
Lamb Weston stock fried over Q2 miss, guidance cut, new CEO
Lamb Weston (LW) is out of the frying pan and into the deep frier as shares of the frozen food company tank by over 20% in Thursday's session. The french fry maker missed fiscal second quarter earnings estimates while it cut its full-year 2025 guidance and replaced CEO Thomas Werner with its COO Michael Smith.
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.
French-Fry Maker Lamb Weston Replaces CEO and Cuts Outlook; Stock Tumbles
Lamb Weston (LW) replaced its chief executive and slashed guidance again as demand for frozen potato products sputters, sending its shares tumbling. The French-fry maker said Thursday that Thomas Werner has stepped down as CEO and left the board.
Lamb Weston names insider Michael Smith as CEO amid activist investor pressure
Lamb Weston on Thursday named insider Michael Smith as its chief executive officer following pressure from activist investor Jana Partners to make changes to its top brass or sell itself.
Lamb Weston names Michael Smith as President and CEO
EST Lamb Weston (LW) names Michael Smith as President and CEOPick the best stocks and maximize your portfolio:Discover top-rated stocks
Lamb Weston names Michael Smith as new CEO, cuts sales outlook
US-based French fries manufacturer Lamb Weston has announced the appointment of a new CEO, just days after being urged to shake up its leadership team by an activist investor. The listed business, based in Idaho,
Why Lamb Weston Stock Was Diving Today
Shares of Lamb Weston ( LW -21.23%) -- North America's largest potato producer -- were sliding again after it delivered third ...
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 ...
These Stocks Moved the Most Today: Micron, Tesla, Palantir, Quantum Computing, Lamb Weston, Accenture, Vertex, Darden, and More
Micron stock tumbles after the maker of memory chips issues a weak second-quarter outlook, Tesla shares extend losses, and ...
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Lamb Weston Takes A Hit From High Manufacturing Costs And Softer Volumes, Expects Challenging Conditions Till 2026
Lamb Weston Q2 earnings miss estimates, with revenues down 8%, and FY25 outlook slashed to $6.35B-$6.45B. CEO Thomas ...
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 ...
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Lamb Weston falls 19% after slashing guidance due to soft volume trends
Lamb Weston Holdings (NYSE:LW) fell sharply on Thursday after falling short of estimates with its FQ3 report and setting ...
Lamb Weston gains even as analysts question potential Post deal
Lamb Weston (NYSE:LW) rose 4% on Monday amid a new push from activist Jana Partners, despite analysts' mixed reactions to a ...