The Simply Good Foods (SMPL) announced a CEO succession plan. Geoff Tanner, formerly Chief Commercial and Marketing Officer at The J.M. Smucker Company (SJM), has been named President, Chief Operating Officer and CEO Elect and a member of the Simply Good Foods Board of Directors, effective April 3 . Mr. Tanner will subsequently succeed Joseph E. Scalzo as Chief Executive Officer on July 7, in connection with Mr. Scalzo’s sixth anniversary as CEO of the Company. At the time of the CEO succession, Mr. Scalzo will be appointed as Executive Vice Chair of the Board and will serve in this role through August 31, 2024, the last day of the Company’s fiscal year 2024. Mr. Scalzo is expected to continue to serve as a director thereafter. Upon Mr. Scalzo’s appointment as Executive Vice Chair, David J. West will step down from the position of Vice Chair of the Board, but is expected to continue to serve as an independent director of the Company.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on SMPL:
- The Simply Good Foods Company Announces CEO Succession Plan
- Simply Good Foods price target lowered to $46 from $50 at Citi
- Execution issue at Simply Good Foods offers opportunity, says Goldman Sachs
- Simply Good reaffirms FY23 net sales view of up slightly greater than 4%-6%
- Simply Good Foods reports Q1 adjusted EPS 42c, consensus 40c
