Lamb Weston Holdings, Inc. announced today that Robert McNutt has been appointed senior vice president and chief financial officer, effective Jan. 16, 2017. McNutt will report to Tom Werner, president and chief executive officer of Lamb Weston.
McNutt brings more than 30 years of finance leadership experience to Lamb Weston. He currently is the chief financial officer at Expera Specialty Solutions, LLC, a specialty paper company. Prior to that he was the chief financial officer for Greif, Inc., a global industrial packaging company. Before joining Greif, McNutt served as chief financial officer at Boise, Inc., and spent 22 years in roles of increasing responsibility at Boise Cascade.
“Robert’s experience leading finance for public companies will serve Lamb Weston well as we embark on our next chapter,” said Tom Werner. “Robert has a wealth of relevant experience driving performance that I know will benefit Lamb Weston.”
“I look forward to joining the team at Lamb Weston during this exciting time and working with Tom and his leadership team to deliver shareholder value,” said McNutt.
John Gehring, interim chief financial officer, will extend his role through the end of January to ensure a successful transition.
Lamb Weston completed its separation from Conagra Brands on Nov. 9, 2016.
Source: Lamb Weston
As 2024 comes to a close, the FoodBev Media team reflects on the year gone by and shares their thoughts and predictions for the industry in the year ahead. Join us as we explore what’s on the menu for 2025.
Butterfly Equity, a US private equity firm focused on the food and beverage sector, has appointed former Constellation Brands executive, Robert Hanson, as CEO of The Duckhorn Portfolio, effective 1 February. The move comes after Butterfly’s acquisition of the luxury wine company for $1.95 billion in October last year.
After the transaction closes, Simple Mills will remain an independent subsidiary of Flowers Foods, led by founder and CEO Katlin Smith and her leadership team. The company will continue operating from its locations in Chicago, Illinois and Mill Valley, California.
