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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Summary: Jana has been urging Lamb Weston to make operational changes and consider a sale, following its partnership with Continental Grain. They criticized the company’s leadership decisions, especially appointing an insider as CEO. Despite this, a sale seems unlikely now,…