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0 -0.000589014872625417 -0.00484170225298169 -0.00338683551759667 0.000147253718156459 -0.00103077602709458 -0.00905610366661751 -0.00828302164629657
Stock impact report

Activist Investor Jana Extends Push for Change at Lamb Weston [Yahoo! Finance]

Lamb Weston Holdings, Inc. (LW) 
Last lamb weston holdings, inc. earnings: 4/1 08:30 am Check Earnings Report
US:NYSE Investor Relations: lambweston.com/investors
Company Research Source: Yahoo! Finance
Key Takeaways Jana Partners picked up support from another former Lamb Weston executive as the activist investor calls for a shakeup of the frozen potato maker. Jana reported that Jeffery DeLapp, a former president of Lamb Weston now holds 458 voting shares. Jana has a more than 5% stake in the company. Lamb Weston recently replaced its CEO and reported a loss. Jana in response called for a change of the board or sale of the company. Shares of Lamb Weston Holdings ( LW ) rose Friday after activist investor Jana Partners added another former company executive to its lineup of board candidates as it seeks to shake up the frozen potato maker. In a regulatory filing, Jana showed that Jeffery DeLapp had 458 voting shares. DeLapp had been president of Lamb Weston, as well as rival potato provider McCain Foods USA. Former Lamb Weston Executive Chair Timothy McLevish had already aligned with Jana, which now has six food-industry executives who could challenge for a position on the Show less Read more
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