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Cal-Maine Foods, Inc. Names Judd Stevens Vice President, Operations

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Cal-Maine Foods, Inc. (NASDAQ: CALM) has appointed Judd Stevens as Vice President, Operations, effective July 23, 2024. Stevens, with over 20 years of experience at Cal-Maine, will oversee the company's recently acquired assets from ISE in Delaware, Maryland, New Jersey, and South Carolina. This strategic move aims to enhance Cal-Maine's market reach in the Northeast and Mid-Atlantic states, expanding its production and distribution capabilities in these regions.

Stevens' extensive knowledge of Cal-Maine's operating model is expected to be important in integrating the new assets and driving value from the acquisition. The company, headquartered in Ridgeland, Mississippi, is the largest producer and distributor of fresh shell eggs in the United States, offering a variety of egg products including conventional, cage-free, organic, and nutritionally enhanced options.

Cal-Maine Foods, Inc. (NASDAQ: CALM) ha nominato Judd Stevens come Vice Presidente delle Operazioni, con effetto dal 23 luglio 2024. Stevens, con oltre 20 anni di esperienza in Cal-Maine, avrà la supervisione degli asset recentemente acquisiti dall'ISE in Delaware, Maryland, New Jersey e Carolina del Sud. Questa mossa strategica mira a potenziare la portata di mercato di Cal-Maine negli stati del Nordest e del Mid-Atlantic, ampliando le capacità di produzione e distribuzione in queste regioni.

La vasta conoscenza di Stevens del modello operativo di Cal-Maine è considerata fondamentale per integrare i nuovi asset e generare valore dall'acquisizione. L'azienda, con sede a Ridgeland, Mississippi, è il più grande produttore e distributore di uova fresche negli Stati Uniti, offrendo una varietà di prodotti a base di uova che includono opzioni convenzionali, senza gabbie, biologiche e nutrizionalmente arricchite.

Cal-Maine Foods, Inc. (NASDAQ: CALM) ha nombrado a Judd Stevens como Vicepresidente de Operaciones, a partir del 23 de julio de 2024. Stevens, con más de 20 años de experiencia en Cal-Maine, supervisará los activos recientemente adquiridos de ISE en Delaware, Maryland, Nueva Jersey y Carolina del Sur. Este movimiento estratégico tiene como objetivo mejorar el alcance de mercado de Cal-Maine en los estados del Noreste y Mid-Atlantic, ampliando sus capacidades de producción y distribución en estas regiones.

El amplio conocimiento de Stevens sobre el modelo operativo de Cal-Maine se considera importante para integrar los nuevos activos y generar valor a partir de la adquisición. La compañía, con sede en Ridgeland, Mississippi, es el mayor productor y distribuidor de huevos frescos en los Estados Unidos, ofreciendo una variedad de productos con huevos que incluyen opciones convencionales, sin jaulas, orgánicas y enriquecidas nutricionalmente.

Cal-Maine Foods, Inc. (NASDAQ: CALM)은 Judd Stevens을 운영 부사장으로 임명했으며, 이는 2024년 7월 23일부터 시행됩니다. Stevens는 Cal-Maine에서 20년 이상의 경험을 바탕으로 델라웨어, 메릴랜드, 뉴저지 및 사우스캐롤라이나에서 최근 인수한 자산을 관리할 것입니다. 이 전략적 조치는 칼메인의 시장 범위를 북동부 및 중대서양 주에서 확대하기 위함입니다, 이 지역에서의 생산 및 유통 능력을 확장하는 것을 목표로 합니다.

Stevens의 Cal-Maine 운영 모델에 대한 폭넓은 지식은 새로운 자산을 통합하고 인수에서 가치를 창출하는 데 중요할 것으로 기대됩니다. 미시시피주 리지랜드에 본사를 두고 있는 이 회사는 미국 내 신선한 달걀의 최대 생산자 및 유통업체로, 일반 달걀, 우리 없는 달걀, 유기농 및 영양 강화 옵션을 포함한 다양한 달걀 제품을 제공합니다.

Cal-Maine Foods, Inc. (NASDAQ: CALM) a nommé Judd Stevens au poste de vice-président des opérations, à compter du 23 juillet 2024. Stevens, avec plus de 20 ans d'expérience chez Cal-Maine, supervisera les actifs récemment acquis d'ISE dans le Delaware, le Maryland, le New Jersey et la Caroline du Sud. Ce mouvement stratégique vise à améliorer la portée de Cal-Maine sur le marché dans les États du Nord-Est et du Mid-Atlantic, en élargissant ses capacités de production et de distribution dans ces régions.

La vaste connaissance de Stevens du modèle opérationnel de Cal-Maine devrait être essentielle pour intégrer les nouveaux actifs et générer de la valeur grâce à l'acquisition. L'entreprise, dont le siège est à Ridgeland, dans le Mississippi, est le plus grand producteur et distributeur d'œufs frais aux États-Unis, offrant une variété de produits à base d'œufs, y compris des options conventionnelles, sans cage, biologiques et enrichies sur le plan nutritionnel.

Cal-Maine Foods, Inc. (NASDAQ: CALM) hat Judd Stevens zum Vizepräsidenten für Betrieb ernannt, wirksam ab dem 23. Juli 2024. Stevens, der über 20 Jahre Erfahrung bei Cal-Maine verfügt, wird die kürzlich erworbenen Vermögenswerte von ISE in Delaware, Maryland, New Jersey und South Carolina überwachen. Dieser strategische Schritt zielt darauf ab, Cal-Maines Marktanteil in den Nordost- und Mittelatlantikstaaten zu erhöhen und die Produktions- sowie Vertriebsfähigkeiten in diesen Regionen auszubauen.

Stevens' umfassendes Wissen über Cal-Maines Betriebsmodell wird als entscheidend erachtet, um die neuen Vermögenswerte zu integrieren und Wert aus der Akquisition zu schöpfen. Das Unternehmen mit Hauptsitz in Ridgeland, Mississippi, ist der größte Produzent und Distributor von frischen Eiern in den Vereinigten Staaten und bietet eine Vielzahl von Eierprodukten an, darunter herkömmliche, käfigfreie, bio und ernährungsphysiologisch angereicherte Optionen.

Positive
  • Appointment of experienced executive Judd Stevens as VP of Operations
  • Expansion of market reach in Northeast and Mid-Atlantic states through ISE acquisition
  • Increased production and distribution capabilities in new territories
  • Potential for new customer acquisition and capacity expansion
Negative
  • None.

RIDGELAND, Miss.--(BUSINESS WIRE)-- Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that Judd Stevens has been named Vice President, Operations, effective July 23, 2024. Stevens will have responsibility for all of Cal-Maine Foods’ recently acquired assets from ISE, including production operations in Delaware, Maryland, New Jersey and South Carolina.

Stevens has been employed with Cal-Maine Foods since 2003. He most recently served as General Manager for the Company’s subsidiary Wharton County Foods, LLC’s facilities in Boling, Texas. He previously served in management positions at other Cal-Maine Foods locations in Texas, Florida, and Mississippi. Stevens has also served as the President of The Texas Poultry Federation and President of The Texas Egg Council. Stevens is a graduate of Mississippi State University with a bachelor’s degree in poultry science.

“Judd Stevens is extremely well qualified to assume this important leadership role for Cal-Maine Foods,” said Sherman Miller, president and chief executive officer of Cal-Maine Foods. “He has over 20 years of management experience across various Company locations with a keen understanding of the different aspects of our operations. With the completion of the ISE acquisition, we have the opportunity to significantly enhance our market reach in the Northeast and Mid-Atlantic states. The added production and distribution capabilities will allow us to serve new customers and expand capacity, particularly in the Northeast, which is largely a new territory for Cal-Maine Foods. Judd’s extensive knowledge of our proven operating model will be invaluable as we take on this additional production capacity. Cal-Maine Foods has a strong record of driving value from our acquired operations, and we are confident Judd is the right leader to work with the ISE team and ensure a successful integration.”

Cal-Maine Foods, Inc. is primarily engaged in the production, grading, packaging, marketing and distribution of fresh shell eggs, including conventional, cage-free, organic, brown, free-range, pasture-raised and nutritionally enhanced eggs. The Company, which is headquartered in Ridgeland, Mississippi, is the largest producer and distributor of fresh shell eggs in the United States and sells most of its shell eggs throughout the majority of the United States.

Sherman Miller, President and CEO

Max P. Bowman, Vice President and CFO

(601) 948-6813

Source: Cal-Maine Foods, Inc.

FAQ

Who has Cal-Maine Foods (CALM) appointed as Vice President, Operations?

Cal-Maine Foods (CALM) has appointed Judd Stevens as Vice President, Operations, effective July 23, 2024.

What assets will Judd Stevens oversee in his new role at Cal-Maine Foods (CALM)?

Judd Stevens will oversee Cal-Maine Foods' recently acquired assets from ISE, including production operations in Delaware, Maryland, New Jersey, and South Carolina.

How will the ISE acquisition impact Cal-Maine Foods' (CALM) market presence?

The ISE acquisition will significantly enhance Cal-Maine Foods' market reach in the Northeast and Mid-Atlantic states, allowing the company to serve new customers and expand capacity in these regions.

What is Cal-Maine Foods' (CALM) position in the U.S. egg market?

Cal-Maine Foods (CALM) is the largest producer and distributor of fresh shell eggs in the United States, selling most of its shell eggs throughout the majority of the country.

Cal-Maine Foods Inc

NASDAQ:CALM

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3.52B
43.96M
10.95%
90.04%
4.06%
Farm Products
Consumer Defensive
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United States of America
RIDGELAND