ORRVILLE, OHIO — Mark T. Smucker will become president and chief executive officer of the J.M. Smucker Co. on May 1. Mr. Smucker is currently president of consumer and natural foods for the company. He succeeds Richard K. Smucker, who will become executive chairman of the board as Timothy P. Smucker transitions from that role to chairman emeritus and will remain on the company’s board of directors as a non-employee director.
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| Richard Smucker. executive chairman of the board |
“We are pleased to announce this leadership transition at an exciting time for our company as we continue to deliver record results and our brands lead in key market categories,” said Richard Smucker. “Today’s announcement exemplifies the company’s long-term succession planning and underscores the tradition of management continuity that has shaped Smucker into the company it is today.
“On behalf of the board of directors and the entire company, we are proud of Mark’s numerous contributions and his accomplishments as a leader within our organization and our industry. We are confident that under his leadership, and with the support of our dedicated employees, the company will continue to innovate, evolve, and grow in the years to come.”
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| Steven Oakland, new vice chair and president of U.S. Food and Beverage |
Concurrent with the appointments, the Smucker board of directors also promoted Mark R. Belgya and Steven Oakland to the additional management roles of vice chair, effective May 1. Mr. Belgya, who is currently senior vice-president and chief financial officer, will become vice chair and c.f.o., and Mr. Oakland, currently president of the company’s coffee and food service units, will become vice chair and president of U.S. Food and Beverage.
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| Mark Belgya. new vice chair and c.f.o. |
In addition to his role as c.f.o., Mr. Belgya will be responsible for strategy, mergers and acquisitions, government and industry affairs, and information services for the company. Mr. Oakland will be responsible for the company's U.S. food and beverage businesses, including U.S. retail coffee, U.S. retail consumer foods, food service, natural foods, U.S. retail sales, and marketing services.
