ORRVILLE, Ohio, Jan. 24, 2018 /PRNewswire/ -- The J.M.
Smucker Company (NYSE: SJM) (the "Company" or "Smucker") today
announced plans for the June 29,
2018, retirement of Steven
Oakland, Vice Chair and President, U.S. Food and Beverage,
and executive changes that will bring new leadership to the
Company's U.S. Coffee, Consumer Foods, and Strategy and M&A
function.
A 35-year veteran of the Company, Mr. Oakland most recently led
the U.S. Food and Beverage businesses, including U.S. Retail
Coffee, U.S. Retail Consumer Foods, Natural Foods, U.S. Retail
Sales, and Marketing Services. Previously, he had served as
President, Coffee and Away From Home; President, International,
Foodservice, and Natural Foods; President, U.S. Retail -
Smucker's®, Jif®, and Hungry Jack®; Vice
President and General Manager, Consumer Oils and Baking; Vice
President and General Manager, Foodservice; and General Manager of
J.M. Smucker Canada.
"Steve Oakland has been a highly
respected leader and a role model to many in our Company, and his
contributions to Smucker's long-term success are many and deeply
valued," said Mark Smucker,
President and Chief Executive Officer. "After a long and
distinguished career, Steve has decided to retire. And while he
will be greatly missed, we're grateful that he will work with us
over the next few months as we transition other leaders in the
Company into new roles that strategically support our
business."
The promotions and re-organization of the Company's Executive
Leadership Team announced today will strengthen the Company's focus
on strategic business areas and balance roles and responsibilities
across the organization.
The Company's Board of Directors has approved the following
appointments:
- Joseph Stanziano will assume the
role of Senior Vice President and General Manager, Coffee,
effective February 1, 2018. Mr.
Stanziano is currently a corporate officer, a member of the
Company's Executive Leadership Team and the Senior Vice President
and General Manager, Consumer Foods. He has been with the Company
for 21 years.
- Tina Floyd has been elected a
corporate officer and will assume the role of Senior Vice President
and General Manager, Consumer Foods, effective February 1, 2018. In this role, Ms. Floyd will be
responsible for the Consumer and Natural Foods Strategic Business
Areas. She will also join the Company's Executive Leadership Team.
Ms. Floyd is currently Vice President and General Manager, Away
From Home, and has been with the Company for 23 years.
- Amy Held has been elected a
corporate officer and will assume the role of Senior Vice
President, Strategy and M&A, effective May 1, 2018. She will also join the Company's
Executive Leadership Team. Ms. Held is currently Vice President,
Corporate Strategy and Business Development, and has been with the
Company for five years. Prior to joining Smucker, Ms. Held was a
Managing Principal at Towers Watson (now Willis Towers Watson) and a Certified Public
Accountant with Coopers Lybrand (now Pricewaterhouse Coopers) and
Grant Thornton.
"We are very pleased to recognize the contributions of Joe,
Tina, and Amy to our Company through these well-deserved
appointments," said Mark Smucker.
"They are outstanding leaders who embody our unique culture, and we
are excited to have them play even more substantial roles as we
continue to grow The J.M. Smucker Company."
Effective May 1, 2018, Mr.
Stanziano, Ms. Floyd, and Ms. Held will report directly to
Mark Smucker. Until then, Mr.
Stanziano and Ms. Floyd will report to Mr. Oakland, and Ms. Held
will report to Mark Belgya, Vice
Chair and Chief Financial Officer.
About The J.M. Smucker Company
For 120 years, The J.M.
Smucker Company has been committed to offering consumers quality
products that bring families together to share memorable meals and
moments. Today, Smucker is a leading marketer and manufacturer of
consumer food and beverage products and pet food and pet snacks in
North America. In consumer foods
and beverages, its brands include Smucker's®,
Folgers®, Jif®, Dunkin'
Donuts®, Crisco®,
Pillsbury®, R.W. Knudsen
Family®, Hungry Jack®, Café
Bustelo®, Martha
White®, truRoots®,
Sahale Snacks®, Robin
Hood®, and Bick's®. In pet
food and pet snacks, its brands include Meow Mix®,
Milk-Bone®, Kibbles 'n Bits®, Natural
Balance®, and 9Lives®. The Company
remains rooted in the Basic Beliefs of Quality, People,
Ethics, Growth, and Independence established by its
founder and namesake more than a century ago. For more information
about the Company, visit jmsmucker.com.
The J.M. Smucker Company is the owner of all trademarks
referenced herein, except for the following, which are used under
license: Pillsbury® is a trademark of The
Pillsbury Company, LLC, and Dunkin' Donuts® is a
registered trademark of DD IP Holder LLC.
Dunkin' Donuts® brand is licensed to The J.M.
Smucker Company for packaged coffee products sold in retail
channels such as grocery stores, mass merchandisers, club stores,
and drug stores. This information does not pertain to
Dunkin' Donuts® coffee or other products for sale
in Dunkin' Donuts® restaurants.
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SOURCE The J.M. Smucker Company