TREEHOUSE FOODS, INC. (NYSE:THS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

TREEHOUSE FOODS, INC. (NYSE:THS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements for Certain Officers

On May21, 2018, John P. Waldron, 53, was appointed Vice President, Controller and Chief Accounting Officer of TreeHouse Foods, Inc. (“TreeHouse”). Since January1, 2016, Mr.Waldron has been the Chief Financial Officer at Lifeway Foods, Inc. Prior to his employment at Lifeway Foods, Inc., Mr.Waldron was a financial consultant at Tatum during 2015, counseling a large public company on effective controllership capabilities. Previously, Mr.Waldron was Vice President, Controller and Chief Accounting Officer at Campbell Soup Company from 2011 to 2013 and Vice President, Controller and Chief Accounting Officer of Navistar from 2006 to 2010. Prior to 2006, Mr.Waldron held various financial leadership positions with private and public companies including RR Donnelley, the Follett Corporation, Dominick’s Supermarkets and Terrific Promotions. Mr.Waldron began his career at Arthur Andersen and he is a graduate of Loyola University of Chicago.

Mr.Waldron will receive an annual base salary of $385,000 and an initial starting bonus of $90,000, and he will be eligible for an annual performance bonus for each full completed year with a target amount of $192,500. Mr.Waldron will be eligible to participate in the employee benefit plans and programs generally available to executive officers of TreeHouse.

In addition, Mr.Waldron will be eligible to participate in the TreeHouse, Inc. Equity and Incentive Plan (the “Incentive Plan”) and will receive annual grants thereunder valued at approximately $385,000 per year. With respect to 2018, Mr.Waldron will receive, on the last day of the month following the start of his employment, a prorated grant under the Incentive Plan valued at approximately $325,000, comprised of restricted stock units. The restricted stock units will vest 33% on each of the first and second anniversaries of the grant date and 34% on the third anniversary of the grant date, subject to Mr.Waldron’s continued employment with TreeHouse through each applicable vesting date. Mr.Waldron is entitled to receive severance benefits upon certain terminations of his employment to the TreeHouse Executive Severance Plan.

Mr.Waldron does not have any family relationships with any director or executive officer, or any person nominated to be a director or executive officer, or any person nominated to be a director or executive officer of TreeHouse, and Mr.Waldron has no interest in any transaction requiring disclosure under Item404(a) of Regulation S-K.


About TREEHOUSE FOODS, INC. (NYSE:THS)

TreeHouse Foods, Inc. is a consumer packaged food and beverage manufacturing company. The Company’s segments include North American Retail Grocery, Food Away From Home, and Industrial and Export. It manufactures a range of shelf stable, refrigerated and fresh products. Its product categories include beverages, salad dressings, snacks, beverage enhancers, pickles, Mexican and other sauces, soup and infant feeding, cereals, dry dinners, aseptic products, jams and other products. The Company offers its services to retail grocery, food away from home, and industrial and export customers. It has approximately 20 manufacturing facilities across the United States and Canada. With its offering of packaging formats and flavor profiles, the Company also offers natural, organic and preservative-free ingredients in various categories. It supplies to approximately 200 food retail customers in North America.

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