Company: LW
Filing Date: 2025-06-30
Form Type: 8-K
Source: 0001679273-25-000041
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Company: Lamb Weston Holdings, Inc.
Filing Date: 2025-06-30
Form: 8-K
Item: Item 5.02
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

The disclosure set forth above in Item 1.01 of this Current Report on Form 8-K is incorporated herein by reference. On June 29, 2025, each of Charles A. Blixt and W. G. Jurgensen provided notice of their respective resignation from the Board, effective immediately. On June 29, 2025, the Board approved the following matters, contingent on the signing of the Cooperation Agreement and to be effective promptly upon written request from JANA and in any event, no later than July 11, 2025, as described above:

• acceptance of the resignation letters submitted on June 29, 2025, by Robert A. Niblock and Maria Renna Sharpe;

• an increase of the size of the Board from 11 directors to 13 directors and the appointment of Bradley Alford, Ruth Kimmelshue, Lawrence Kurzius, Paul Maass, Timothy R. McLevish and Scott Ostfeld to serve as directors on the Board for a term expiring at the 2025 Annual Meeting;

• the reconstitution of the Board’s standing committees as described above in Item 1.01 of this Current Report on Form 8-K; and

• the election of Mr. Alford as the new Chairman of the Board.

The effective date of the resignation of Robert A. Niblock and Maria Renna Sharpe and the appointment of each Agreed Director will be no later than on or about July 11, 2025. Additional information regarding the Agreed Directors is included below.

Bradley Alford

Mr. Alford has been a director of Perrigo since 2017 and a director for Avery Dennison Corporation since 2010. He previously served as director for Conagra Brands, Inc. and Nestlé USA.

Mr. Alford’s previous work experience includes serving as an Operating Partner at Advent International Corporation (a global private equity firm) from 2016-2021; an Industry Advisor for Advent International Corporation from 2014-2016; and as the Chairman and CEO of Nestlé USA (a multinational food and beverage company) from 2006-2013. He has extensive public and private sector industry knowledge and experience in management, operations and supply chain as well as the development and marketing of consumer products.

Ruth Kimmelshue