Activist Investor Starboard Value Pushes for Lamb Weston to Double Cost-Cutting Targets Activist investor Starboard Value is urging frozen french fry maker Lamb Weston to double its cost-cutting targets, citing high operating expenses compared to industry peers. In a letter…
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Key Points: J.M. Smucker is appointing two new independent directors to its board as part of an agreement with activist investor Elliott Investment Management. Woo-Sung (Bruce) Chung, the CFO at NRG Energy, and former Snyder’s-Lance CEO David Singer will join…
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Good Culture, the cottage cheese maker that recently sold a majority stake in its business, is now receiving a $55 million investment from Semcap Food & Nutrition to support its growth ambitions. This additional funding comes just a month after…
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Dive Brief: Elliott Investment Management has acquired a stake of approximately $4 billion in PepsiCo, with plans to push for changes at the food and beverage giant. The activist investor has outlined ways in which the company can boost revenue…