- Lamb Weston Holdings Inc (NYSE:LW) has appointed Mike Smith as its Chief Operating Officer, effective May 29, 2023.
- Smith will continue to report to Tom Werner, President and Chief Executive Officer of Lamb Weston.
- In this newly created position, Smith will have accountability for the company’s Commercial, Supply Chain, Agriculture, Marketing and Innovation organizations.
- He joined the company in 2007 and most recently served as Senior Vice President and General Manager, Foodservice, Retail, Marketing & Innovation.
- In connection with Smith’s new role, Sharon Miller will become President, North America, and Marc Schroeder will become President, International, both reporting to Smith.
- Gerardo Scheufler also will report to Smith in his role as the company’s Chief Supply Chain Officer.
- Price Action: LW shares traded higher by 0.05% at $108.22 on the last check Thursday.
Alibaba, Nio Shed Over 2%: Hang Seng Opens Weaker As Investors Turn Cautious Ahead Of US Jobs Data
Hong Kong stocks opened mixed on Friday morning as investors and traders remained cautious ahead of the release of U.S.