Lamb Weston Holdings Announces Executive and Director Changes

Ticker: LW · Form: 8-K · Filed: 2024-10-18T00:00:00.000Z

Sentiment: neutral

Topics: executive-changes, board-changes, compensation

Related Tickers: LW

TL;DR

Lamb Weston shakes up exec team and board, check comp plans.

AI Summary

Lamb Weston Holdings, Inc. announced on October 11, 2024, changes in its executive team. Specifically, the company reported the departure of certain officers and the election of new directors. The filing also details compensatory arrangements for its key executives.

Why It Matters

Changes in executive leadership and board composition can signal shifts in company strategy or governance, impacting investor confidence and future performance.

Risk Assessment

Risk Level: medium — Executive and board changes can introduce uncertainty regarding future strategy and operational stability.

Key Players & Entities

FAQ

What specific roles have been affected by the departure of officers?

The filing indicates the departure of certain officers but does not specify the exact roles in this summary section.

Who are the newly elected directors?

The filing mentions the election of directors but does not list their names in this section.

What is the nature of the compensatory arrangements being disclosed?

The filing states that compensatory arrangements of certain officers are being disclosed, but the details are not provided in this summary.

When was the earliest event reported in this 8-K filing?

The earliest event reported is dated October 11, 2024.

What is the company's principal executive office address?

The principal executive offices are located at 599 S. Rivershore Lane, Eagle, Idaho 83616.

From the Filing

0001679273-24-000075.txt : 20241018 0001679273-24-000075.hdr.sgml : 20241018 20241017180222 ACCESSION NUMBER: 0001679273-24-000075 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20241011 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20241018 DATE AS OF CHANGE: 20241017 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Lamb Weston Holdings, Inc. CENTRAL INDEX KEY: 0001679273 STANDARD INDUSTRIAL CLASSIFICATION: CANNED, FROZEN & PRESERVED FRUIT, VEG & FOOD SPECIALTIES [2030] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 611797411 FISCAL YEAR END: 0525 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-37830 FILM NUMBER: 241378544 BUSINESS ADDRESS: STREET 1: 599 S. RIVERSHORE LANE CITY: EAGLE STATE: ID ZIP: 83616 BUSINESS PHONE: 208.938.1047 MAIL ADDRESS: STREET 1: 599 S. RIVERSHORE LANE CITY: EAGLE STATE: ID ZIP: 83616 8-K 1 lw-20241011.htm 8-K lw-20241011 0001679273 FALSE 0001679273 2024-10-11 2024-10-11 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 _________________________ FORM 8-K _________________________ CURRENT REPORT Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 11, 2024 _________________________ Lamb Weston Holdings, Inc. (Exact name of registrant as specified in its charter) _________________________ Delaware 1-37830 61-1797411 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 599 S. Rivershore Lane 83616 Eagle , Idaho (Zip Code) (Address of principal executive offices) ( 208 ) 938-1047 (Registrant’s telephone number, including area code) N/A (Former name or former address, if changed since last report) Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange on which registered Common Stock, $1.00 par value LW New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). Emerging growth company      o If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.    o Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On October 11, 2024, Sukshma Rajagopalan notified Lamb Weston Holdings, Inc. (the “Company”) of her intention to resign as Chief Information and Digital Officer, effective October 25, 2024, to pursue another opportunity. Ms. Rajagopalan’s resignation is not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. - 2 - SIGNATURES 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 authoriz

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