FLOWERS FOODS, INC. (NYSE:FLO) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
On July2, 2018, Flowers Foods, Inc. (the “Company”) issued a press release announcing that the Board of Directors of the Company (the “Board”) has appointed A. Ryals McMullian to the position of chief operating officer, effective June27, 2018. Mr.McMullian, 48, began his career with the Company in 2003. He has held various positions with the Company, including associate general counsel, from 2003 to 2011, vice president and associate general counsel, from 2011 to 2015, vice president of mergers and acquisitions and deputy general counsel, from 2015 to 2017, and chief strategy officer, since May 2017. Prior to joining the Company, Mr.McMullian was a corporate associate in the Business Practice Group at Jones Day. Mr.McMullian holds a master’s degree in business administration, a juris doctor, and a bachelor’s degree in finance and real estate from Florida State University. With the new appointment, Mr.McMullian is responsible for executing the Company’s strategies to drive growth and expand margins through cost savings and operating efficiencies under Project Centennial, as well as overseeing the Company’s two business units (Fresh Packaged Bread and Snacking/Specialty), Supply Chain, Sales, Corporate Strategy and Ventures, and Communications.
Mr.McMullian’s compensation in connection with his appointment as chief operating officer has not been determined at this time. The Company will file an amendment to this Current Report on Form 8-K disclosing such information when it has been determined. The information about Mr.McMullian required under Item 401(d) and Item 404(a) of Regulation S-K is incorporated by reference from the Company’s proxy statement for the 2018 Annual Meeting of Shareholders filed with the Securities and Exchange Commission on April2, 2018.
On June27, 2018, as part of an ongoing Board refreshment process, Mr.AmosR. McMullian, chairman emeritus of the Company, informed the Board that he will not stand for reelection to the Board at the Company’s 2019 Annual Meeting of Shareholders, but will serve the remainder of his current term. Mr.Amos McMullian’s decision was not a result of any disagreement or dispute with the Company or its management. Mr.Amos McMullian has served on the Board since 2001. The Board thanks Mr.Amos McMullian for his long service on behalf of the Company.
A copy of the press release announcing Mr.McMullian’s appointment is filed with this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.
| Item 5.02. | Financial Statements and Exhibits. |
(d)Exhibits.
FLOWERS FOODS INC ExhibitEX-99.1 2 d667474dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 Company Press Release July 2,…To view the full exhibit click here
About FLOWERS FOODS, INC. (NYSE:FLO)
Flowers Foods, Inc. is a producer and marketer of bakery products. The Company operates in two segments: direct-store-delivery segment (DSD Segment) and warehouse delivery segment (Warehouse Segment). The DSD segment’s production plant locations include Birmingham, Alabama; Opelika, Alabama; Tuscaloosa, Alabama; Goldsboro, North Carolina; Jamestown, North Carolina, and Oxford, Pennsylvania. The Warehouse Segment’s production plant locations include Montgomery, Alabama; Texarkana, Arkansas; London, Kentucky; Tucker, Georgia; Cedar Rapids, Iowa (mix plant); Cleveland, Tennessee, and Crossville, Tennessee. The Company’s DSD Segment operates approximately 40 bakeries that market a range of bakery foods, including breads, buns, rolls, tortillas and snack cakes. The Warehouse Segment produces frozen bread and rolls, and snack cakes. The Warehouse Segment’s Company-owned brands include Mrs. Freshley’s, European Bakers and Broad Street Bakery.