Lamb Weston Holdings, Inc. Announces Addition of Two New Directors
March 18, 2020 at 08:15 pm
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Lamb Weston Holdings, Inc. announced the appointments of Robert J. Coviello, Senior Vice President, Sustainability and Government Affairs at Bunge Limited, and Robert A. Niblock, former Chairman, President and CEO of Lowe’s Companies, to its Board of Directors, effective March 18, 2020. Mr. Coviello has served as the Senior Vice President, Sustainability and Government Affairs at Bunge Limited since 2019. As a member of the Bunge team for more than 17 years, he has held a variety of commercial leadership positions in Asia, Europe and the U.S. Prior to Bunge, he served in various merchant and trading roles with Cargill. Mr. Niblock is the former Chairman and Chief Executive Officer for Lowe’s Companies, Inc., a role he held from 2005 to 2018. He also served as President of Lowe’s from 2011 until 2018, after having served in that role from 2003 to 2006. Prior to his role leading the organization, he was the Executive Vice President and Chief Financial Officer for Lowe’s. Mr. Niblock joined Lowe’s in 1993 and held various roles of increasing responsibility in the finance organization.
Lamb Weston Holdings, Inc. is a supplier of frozen potato, sweet potato, appetizer and vegetable products to restaurants and retailers around the world. The Companyâs segments include Global, Foodservice, Retail, and Other. The Global segment includes frozen potato products sold in North America and international markets generally to the North American based restaurant chains and international customers comprised of global and regional quick service and full-service restaurant chains, foodservice distributors, and retailers. The Foodservice segment includes frozen potato products sold throughout the United States and Canada to commercial distributors, restaurant chains generally outside the North American based restaurant chains, and non-commercial channels. The Retail segment includes consumer-facing frozen potato products sold primarily to grocery, mass merchants, club, and specialty retailers. The Other reporting segment primarily includes its vegetable and dairy businesses.