- Lamb Weston Holdings Inc 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.
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