Lamb Weston Announces Addition of New Director
Lamb Weston Holdings, Inc. (NYSE: LW) has appointed Norman Prestage to its Board of Directors, effective immediately. Prestage, a former partner at Ernst & Young, LLP, retired in June 2024 and will also serve on the Board's Audit and Finance Committee. With extensive experience advising consumer goods and foodservice companies, Prestage is expected to contribute significantly to Lamb Weston's growth strategies and shareholder value creation.
During his career at Ernst & Young, which began in 1987, Prestage served as the global client service partner for large global public companies in various industries. He held leadership roles including Retail and Consumer Products Industry Leader for the Midwest and Arkansas Office Managing Partner. Prestage, a certified public accountant, holds a Bachelor of Business Administration from the University of Notre Dame.
Lamb Weston Holdings, Inc. (NYSE: LW) ha nominato Norman Prestage nel suo Consiglio di Amministrazione, con effetto immediato. Prestage, ex partner di Ernst & Young, LLP, si è ritirato a giugno 2024 e servirà anche nel Comitato per la Revisione e la Finanza del Consiglio. Con una vasta esperienza nella consulenza a società di beni di consumo e di ristorazione, si prevede che Prestage contribuirà in modo significativo alle strategie di crescita e alla creazione di valore per gli azionisti di Lamb Weston.
Durante la sua carriera in Ernst & Young, iniziata nel 1987, Prestage ha ricoperto il ruolo di partner globale per il servizio ai clienti di grandi aziende pubbliche globali in vari settori. Ha ricoperto ruoli di leadership, tra cui Leader del Settore Retail e Prodotti di Consumo per il Midwest e Managing Partner dell'Ufficio dell'Arkansas. Prestage, un commercialista certificato, ha conseguito una Laurea in Business Administration presso l'Università di Notre Dame.
Lamb Weston Holdings, Inc. (NYSE: LW) ha designado a Norman Prestage en su Junta Directiva, con efecto inmediato. Prestage, ex socio de Ernst & Young, LLP, se retiró en junio de 2024 y también servirá en el Comité de Auditoría y Finanzas de la Junta. Con una amplia experiencia asesorando a empresas de bienes de consumo y de servicios de alimentación, se espera que Prestage contribuya significativamente a las estrategias de crecimiento y creación de valor para los accionistas de Lamb Weston.
Durante su carrera en Ernst & Young, que comenzó en 1987, Prestage se desempeñó como socio de servicio al cliente global para grandes empresas públicas globales en diversas industrias. Ocupó roles de liderazgo, incluyendo Líder de la Industria de Retail y Productos de Consumo para el Medio Oeste y Socio Gerente de la Oficina de Arkansas. Prestage, un contador público certificado, tiene una Licenciatura en Administración de Empresas de la Universidad de Notre Dame.
Lamb Weston Holdings, Inc. (NYSE: LW)는 노먼 프레스테이지를 이사회에 임명했습니다, 즉시 효력을 발휘합니다. 프레스테이지는 Ernst & Young, LLP의 전 파트너로 2024년 6월에 은퇴했으며 이사회의 감사 및 재무 위원회에서도 활동할 예정입니다. 소비재 및 음식 서비스 회사에 대한 자문 경험이 풍부한 프레스테이지는 Lamb Weston의 성장 전략 및 주주 가치 창출에 크게 기여할 것으로 기대됩니다.
1987년 시작된 Ernst & Young에서의 경력 동안 프레스테이지는 다양한 산업의 대형 글로벌 상장 기업을 위한 글로벌 고객 서비스 파트너로 일했습니다. 그는 중서부 및 아칸소 사무소의 소매 및 소비재 산업 리더를 포함한 리더십 역할을 맡았습니다. 프레스테이지는 공인 회계사이며, 노뜨르담 대학교에서 경영학 학사 학위를 받았습니다.
Lamb Weston Holdings, Inc. (NYSE: LW) a nommé Norman Prestage au sein de son Conseil d'Administration, avec effet immédiat. Prestage, ancien partenaire chez Ernst & Young, LLP, a pris sa retraite en juin 2024 et siégera également au Comité d'Audit et des Finances du Conseil. Fort d'une vaste expérience dans le conseil aux entreprises de biens de consommation et de services alimentaires, Prestage devrait contribuer de manière significative aux stratégies de croissance et à la création de valeur pour les actionnaires de Lamb Weston.
Au cours de sa carrière chez Ernst & Young, commencée en 1987, Prestage a été partenaire de service client global pour de grandes entreprises publiques mondiales dans divers secteurs. Il a occupé des rôles de leadership, y compris leader du secteur de la distribution et des produits de consommation pour le Midwest et associé directeur du bureau d'Arkansas. Prestage, expert-comptable certifié, est titulaire d'une licence en administration des affaires de l'Université de Notre Dame.
Lamb Weston Holdings, Inc. (NYSE: LW) hat Norman Prestage in den Vorstand berufen, mit sofortiger Wirkung. Prestage, ein ehemaliger Partner von Ernst & Young, LLP, trat im Juni 2024 in den Ruhestand und wird auch im Prüfungs- und Finanzausschuss des Vorstands tätig sein. Mit umfangreicher Erfahrung in der Beratung von Konsumgüter- und Gastronomieunternehmen wird erwartet, dass Prestage erheblich zu den Wachstumsstrategien und zur Schaffung von Aktionärswerten für Lamb Weston beitragen wird.
Während seiner Karriere bei Ernst & Young, die 1987 begann, diente Prestage als globaler Kundenservice-Partner für große, globale Public Companies in verschiedenen Branchen. Er hatte Führungsrollen inne, darunter Branchenführer für den Einzelhandel und Konsumgüter im Mittleren Westen und Managing Partner des Büros in Arkansas. Prestage, ein zertifizierter Wirtschaftsprüfer, hat einen Bachelor of Business Administration von der University of Notre Dame.
- Addition of a board member with extensive experience in consumer goods and foodservice industries
- New director to serve on the Audit and Finance Committee, potentially strengthening financial oversight
- Appointment aligns with company's focus on growth strategies and shareholder value creation
- None.
Norman Prestage Joins Lamb Weston Board of Directors
Lamb Weston announces the appointment of Norman Prestage to its Board of Directors (Photo: Business Wire)
“Norm brings a wealth of experience to our Board,” said Tom Werner, President and CEO, Lamb Weston. “His extensive experience advising consumer goods and foodservice companies will be invaluable to us as we continue to focus on our strategies to grow Lamb Weston and deliver shareholder value.”
Mr. Prestage joined Ernst & Young in 1987 and during his career served as the global client service partner for large global public companies in the consumer products, foodservice, retail and risk management industries. He was a member of the Ernst & Young Americas Global Accounts Partner Group and served on the Ernst & Young Global Consumer Products Advisory Board. He also served in various Ernst & Young leadership roles including the Retail and Consumer Products Industry Leader for the Midwest,
“Norm Prestage is a strong addition to Lamb Weston’s Board,” said W.G. Jurgensen, Chairman of the Board. “He built a career advising top-tier, global organizations and we look forward to him bringing his expertise to the table to support Lamb Weston’s ambitious growth plans.”
About Lamb Weston
Lamb Weston is a leading supplier of frozen potato, sweet potato, appetizer and vegetable products to restaurants and retailers around the world. For more than 70 years, Lamb Weston has led the industry in innovation, introducing inventive products that simplify back-of-house management for our customers and make things more delicious for their customers. From the fields where Lamb Weston potatoes are grown to proactive customer partnerships, Lamb Weston always strives for more and never settles. Because, when we look at a potato, we see possibilities. Learn more about us at lambweston.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240926512900/en/
Investor Relations:
Dexter Congbalay
224-306-1535
Dexter.Congbalay@lambweston.com
Media:
Communication@lambweston.com
Source: Lamb Weston Holdings, Inc.
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