2023-11-08 03:09:29 ET
- The J. M. Smucker Co. ( NYSE: SJM ) reported the formation of a new business segment—Sweet Baked Snacks—and the subsequent Officer election of Dan O'Leary to Senior Vice President and General Manager of Sweet Baked Snacks and Pet, effective immediately.
- The company also announced a series of leadership changes to support the business following the closing of its acquisition of Hostess Brands.
- J.M. Smucker's new structure includes strategic businesses overseen by Board-elected General Managers, all reporting to John Brase, Chief Operating Officer.
- Coffee, inclusive of the Folgers, Dunkin' and Café Bustelo brands, will be managed by Rob Ferguson, Senior Vice President and General Manager, Coffee and Procurement.
- Source: Press Release
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J.M. Smucker forms new strategic business area, makes changes to leadership team