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Industry NewsJ.M. Smucker Co. forms new strategic business area, makes leadership changes

J.M. Smucker Co. forms new strategic business area, makes leadership changes

The J. M. Smucker Co. has announced the formation of a new strategic business area—sweet baked snacks—and the subsequent officer election of Dan O’Leary to senior vice president and general manager, sweet baked snacks and pet, effective immediately. The Company has also announced a series of leadership changes to support the business following the closing of its acquisition of Hostess Brands.

Newly defined strategic business areas and leadership changes

The new strategic business area structure aims to support the expanded family of brands and includes strategic businesses overseen by board-elected general managers, all reporting to John Brase, chief operating officer.

Coffee, inclusive of the Folgers, Dunkin’ and Café Bustelo brands, will be managed by Rob Ferguson, senior vice president and general manager, coffee and procurement. In his new role, Ferguson will lead both the coffee business and the company’s procurement management across all categories.

Frozen Handheld and Spreads (formerly titled consumer foods), inclusive of the Smucker’s Uncrustables, Jif and Smucker’s brands, which will continue to be managed by Rebecca Scheidler, senior vice president and general manager, frozen handheld and spreads.

Pet, inclusive of the dog snacks and cat food businesses, anchored by the Milk-Bone and Meow Mix brands, which will be managed by Dan O’Leary, senior vice president and general manager, sweet baked snacks and pet.

Sweet Baked Snacks, inclusive of the Hostess and Voortman brands, will also be managed by Dan O’Leary, senior vice president and general manager, sweet baked snacks and pet.

Away From Home and International, inclusive of the Company’s Canadian business, which will continue to be managed by Tim Wayne, senior vice president, away from home and international.

“We are excited to share this updated strategic business area structure and the leaders who will drive the continued momentum of our leading brands in these growing categories,” said Mark Smucker, chair of the board, president and chief executive officer. “With this newly created structure, we are better positioned to take advantage of synergies, which will allow us to leverage the best-in-class expertise we have in our organization around innovation, marketing, commercial activation and supply chain management.”

Establishment of portfolio management organization to drive transformation

Following the successful implementation of the transformation office over the past year, the company has established an integrated portfolio management organization, inclusive of transformation initiatives.

With this decision, the company will align strategy, finance, transformation and information services under the leadership of Tucker Marshall, chief financial officer.

Reporting to Marshall will be Bryan Hutson, senior vice president, information services, transformation and portfolio operations.

Amy Held, chief transformation officer; Joe Stanziano, senior vice president and general manager, coffee; Gagnesh Gupta, senior vice president, procurement and commodities, will transition from the company, effective February 2, 2024; December 1, 2023; and December 29, 2023, respectively.

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