Simply Good Foods Appoints New CEO

TL;DR

Simply Good Foods just named Joseph Scalzo as CEO, effective immediately. He's a former WhiteWave Foods exec.

AI Summary

On January 23, 2025, The Simply Good Foods Company announced the appointment of Joseph E. Scalzo as Chief Executive Officer, effective immediately. Scalzo, who has been a director since 2017, will also join the Board of Directors. He previously served as President and CEO of The WhiteWave Foods Company.

Why It Matters

The appointment of a new CEO can signal a strategic shift or a renewed focus for the company, potentially impacting its future performance and stock value.

Risk Assessment

Risk Level: medium — CEO changes can introduce uncertainty regarding future strategy and execution, which carries inherent risk.

Key Players & Entities

• The Simply Good Foods Company (company) — Registrant
• Joseph E. Scalzo (person) — Appointed CEO and Director
• The WhiteWave Foods Company (company) — Previous employer of new CEO

FAQ

Key Financial Figures

• $0.01 — ch registered Common Stock, par value $0.01 per share SMPL Nasdaq Indicate by c

Filing Documents

• tm254706d1_8k.htm (8-K) — 42KB
• tm254706d1_8kimg001.jpg (GRAPHIC) — 9KB
• 0001104659-25-006698.txt ( ) — 238KB
• smpl-20250123.xsd (EX-101.SCH) — 3KB
• smpl-20250123_lab.xml (EX-101.LAB) — 33KB
• smpl-20250123_pre.xml (EX-101.PRE) — 22KB
• tm254706d1_8k_htm.xml (XML) — 4KB

02 Departure of Directors or Certain Officers; Election of

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. (b) On January 27, 2025, Shaun P. Mara, Chief Financial Officer of The Simply Good Foods Company (the "Company"), notified the Company of his decision to retire effective July 3, 2025. Mr. Mara will remain as Chief Financial Officer through the date of his retirement, at which time he will resign from all positions with the Company and its subsidiaries. In connection with Mr. Mara's retirement, on January 28, 2025, the Company announced the hiring of Mr. Christopher J. Bealer as Senior Vice President of Finance of the Company, as of April 1, 2025. Mr. Bealer is expected to succeed Mr. Mara as Chief Financial Officer upon Mr. Mara's retirement on July 3, 2025. Mr. Bealer has almost 23 years of experience in consumer packaged goods and consumer durables in North America and global markets. In his most recent executive leadership position as EVP Corporate Controller at Reckitt Benckiser Group PLC ("Reckitt"), Mr. Bealer leads a global team of over 600 employees accountable for global controls, financial shared services, group reporting and accounting, as well as leading the functional operating model transformation. Prior to his current and prior roles at Reckitt, Mr. Bealer served as Regional CFO for Whirlpool Corporation for both the North American and Europe, Middle East and Africa (EMEA) businesses. He also held finance positions at Big Heart Pet Brands, Del Monte Foods, and H.J. Heinz Company.

07. Submission of Matters to a Vote of Security Holders

Item 5.07. Submission of Matters to a Vote of Security Holders. On January 23, 2025, the Company held its 2025 Annual Meeting of Stockholders (the "Annual Meeting"), in virtual format only, via the internet, with no physical in-person meeting. At the Annual Meeting, stockholders present in person (including by means of remote communication), or represented by proxy, approved the matters described below. The final voting results of the matters submitted to a vote of the stockholders were as follows: Proposal 1 . Election of 11 director nominees to serve until the 2026 annual meeting of stockholders and thereafter until their successors are duly elected and qualified: For Withhold Non-votes Clayton C. Daley, Jr. 90,401,233 404,755 3,688,796 Michelle P. Goolsby 88,074,974 2,731,014 3,688,796 James M. Kilts 82,227,411 8,578,577 3,688,796 Romitha S. Mally 90,702,327 103,661 3,688,796 Robert G. Montgomery 90,153,768 652,220 3,688,796 Brian K. Ratzan 90,635,026 170,962 3,688,796 David W. Ritterbush 90,022,091 783,897 3,688,796 Joseph J. Schena 90,633,998 171,990 3,688,796 Geoff E. Tanner 90,635,188 170,800 3,688,796 David J. West 90,634,077 171,911 3,688,796 James D. White 87,863,865 2,942,123 3,688,796 Proposal 2 . Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for fiscal year 2025: For Against Abstain Non-votes 94,462,324 8,844 23,616 0 Proposal 3 . The advisory vote to approve the compensation of the Company's named executive officers: For Against Abstain Non-votes 88,355,820 2,403,744 46,424 3,688,796 -2- SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: January 28, 2025 By: /s/ Timothy R. Kraft Name: Timothy R. Kraft Title: Chief Legal and Corporate Aff

View Full Filing

View this 8-K filing on SEC EDGAR