# EDGAR Filing Document

**Accession Number:** 0000088948
**File Stem:** 0001437749-23-002887
**Filing Date:** 2023-2
**Character Count:** 8199
**Document Hash:** 1297f2064d22cff5da5f38b164c5d199
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001437749-23-002887.hdr.sgml**: 20230209

**ACCESSION NUMBER**: 0001437749-23-002887

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 15

**CONFORMED PERIOD OF REPORT**: 20230209

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20230209

**DATE AS OF CHANGE**: 20230209

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Seneca Foods Corp
- **CENTRAL INDEX KEY:** 0000088948
- **STANDARD INDUSTRIAL CLASSIFICATION:** CANNED, FRUITS, VEG & PRESERVES, JAMS & JELLIES [2033]
- **IRS NUMBER:** 160733425
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-01989
- **FILM NUMBER:** 23606355

**BUSINESS ADDRESS:**
- **STREET 1:** 3736 SOUTH MAIN STREET
- **CITY:** MARION
- **STATE:** NY
- **ZIP:** 14505
- **BUSINESS PHONE:** 315 926 8100

**MAIL ADDRESS:**
- **STREET 1:** 3736 SOUTH MAIN STREET
- **CITY:** MARION
- **STATE:** NY
- **ZIP:** 14505

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SENECA FOODS CORP /NY/
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PIERCE S S COMPANY INC
- **DATE OF NAME CHANGE:** 19861210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SENECA FOODS CORP
- **DATE OF NAME CHANGE:** 19780425

senea20230125b_8k.htm

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

Washington, D.C. 20549

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**FORM **8-K**

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**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

Date of Report (date of earliest event reported): **February 9, 2023**

**<u>SENECA FOODS CORPORATION</u>**

(Exact Name of Registrant as Specified in its Charter)

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| | | |
|:---|:---|:---|
| **New York**<br> (State or Other Jurisdiction of Incorporation) | **0-01989**<br> (Commission File Number) | **16-0733425**<br> (IRS Employer Identification No.) |

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**350 WillowBrook Office Park, **Fairport**, **NY 14450**

(Address of principal executive offices, including zip code)

**(**585**) **495-4100**

(Registrant's telephone number, including area code)

**Not Applicable**

(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 (see General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ 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 Exchange Act:

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| | | |
|:---|:---|:---|
| <u>Title of Each Class</u> | <u>Trading Symbol</u> | Name of Each Exchange on<br> <u>Which Registered</u> |
| **Common Stock Class A, $0.25 Par** | **SENEA** | **NASDAQ Global Select Market** |
| **Common Stock Class B, $0.25 Par** | **SENEB** | **NASDAQ Global Select Market** |

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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 ☐

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. ☐

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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.**

**<u>Seneca Foods Announces Michael Wolcott as Chief Financial Officer</u>**

Seneca Foods Corporation today announced that it will appoint the current Vice President of Finance, Michael Wolcott, to Senior Vice President of Finance and Chief Financial Officer ("CFO") effective April 1, 2023 furnished as Exhibit 10.1, attached hereto.

**Item 9.01 Financial Statements and Exhibits.**

Exhibit 10.1 [**<u>Seneca Foods Announces Michael Wolcott as Chief Financial Officer</u>**](ex_468044.htm)

Exhibit 104 Cover Page Interactive Data File (embedded within Inline XBRL document)

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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 authorized.

Date: February 9, 2023

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| | |
|:---|:---|
| SENECA FOODS CORPORATION | SENECA FOODS CORPORATION |
| By:  | /s/ Timothy J. Benjamin |
|  | Timothy J. Benjamin |
|  | Chief Financial Officer |

---

## Exhibit 10.1

**Exhibit 10.1**

![ex_468044img001.jpg](ex_468044img001.jpg)

**Seneca Foods Announces Michael Wolcott as Chief Financial Officer**

FAIRPORT, N.Y. February 9, 2023 -- Seneca Foods Corporation (NASDAQ: SENEA, SENEB) today announced that it will appoint the current Vice President of Finance, Michael Wolcott, to Senior Vice President of Finance and Chief Financial Officer ("CFO") effective April 1, 2023. As CFO, Mr. Wolcott will oversee the Company's finance organization and be responsible for all financial and accounting matters, including tax, treasury, internal audit, and investor relations. Mr. Wolcott will also serve on the Company's executive management team and will be involved in the Company's corporate strategy and business development, including mergers & acquisitions, and capital transactions. Mr. Wolcott will report to the President and Chief Executive Officer, Paul Palmby. Mr. Wolcott will succeed the Company's current CFO, Tim Benjamin, who has announced his retirement as CFO effective March 31, 2023. Mr. Benjamin will remain with the Company until June 30, 2023, and provide transition assistance as needed.

"I am looking forward to working with Michael as our CFO. Over his years with our Company, Michael has demonstrated strong leadership skills and excellent financial knowledge," stated Paul Palmby. "Michael knows our business very well and will be a great asset to our Company and myself. I also want to thank Tim for his immeasurable contributions to Seneca over the past ten plus years. He has been a terrific CFO and a great partner as the company has successfully navigated both opportunities and challenges."

Mr. Wolcott rejoined the Company in July 2022 after earning a Master of Business Administration from Stanford University's Graduate School of Business. Prior to obtaining his MBA, Mr. Wolcott held various positions within Seneca in both finance and operations during his six-year tenure. Prior to working at Seneca, Mr. Wolcott spent two years in the financial services industry at Barclays PLC in New York, NY. Mr. Wolcott earned a Bachelor of Science from Cornell University majoring in Applied Economics and Management.

**About Seneca Foods Corporation**

Seneca Foods is one of North America's leading providers of packaged fruits and vegetables, with facilities located throughout the United States. Its high-quality products are primarily sourced from over 1,400 American farms and are distributed to over 80 countries. Seneca holds a large share of the market for retail private label, food service, restaurant chains, international, contracting packaging, industrial, chips and cherry products. Products are also sold under the highly regarded brands of Libby's®, Aunt Nellie's®, Green Valley®, CherryMan®, READ®, and Seneca labels, including Seneca snack chips. Seneca's common stock is traded on the Nasdaq Global Select Market under the symbols "SENEA" and "SENEB". SENEA is included in the S&P SmallCap 600, Russell 2000 and Russell 3000 indices.

**Contact:** 

Timothy J. Benjamin, Chief Financial Officer

585-495-4100