2023-05-17 16:19:17 ET
Freshpet ( NASDAQ: FRPT ) announced several actions on Wednesday tied to the operational improvement plan launched in August of last year.
Walter George, current Chair of the Nominating, Governance and Sustainability Committee of the Board, will be appointed the new independent Chair of the Board. The appointment will be effective immediately following the annual meeting on July 25. In alignment with the director retirement policy, current Chair Charles Norris will not stand for reelection at the meeting.
Also in boardroom news, former Conagra Chief Supply Chain Officer David Biegger has been appointed to the boardand will serve on the Audit Committee.
Freshpet's ( FRPT ) operational improvement plan was developed by the board and management team and is noted to contain a roadmap to add manufacturing and supply chain expertise and a strategy to improve quality, efficiency and profitability. The plan is said to build upon FRPT's actions to strengthen its organizational structure and management, including the appointment of Todd Cunfer as CFO, Jay Dahlgren as EVP of Manufacturing, Technology, and Supply Chain, and Dirk Martin as VP of Customer Service & Logistics.
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Freshpet makes board changes as part of operational improvement plan