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08.05.25 - 00:06
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Benjamin Heselton Joins Lamb Weston as Chief Information Officer (Business Wire)
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EAGLE, Idaho--(BUSINESS WIRE)--Lamb Weston Holdings, Inc. (NYSE: LW) announced that Benjamin (Ben) Heselton has joined the company as its chief information officer.
Heselton will lead the company's global technology strategy and will serve as a critical point of contact between all areas of the company and its technology execution.
Heselton joins Lamb Weston from Wurth IT USA, where he served as the chief technology officer. As the leader of Wurth's digital organization, Heselton oversaw IT services for all Wurth North American Operations, led new global software development, partnered with other Wurth global IT organizations, and was a founding member of the company's Global Information Security Council. He held various roles during his 18 years with The Wurth Group, including Chief Information Officer, and VP of Information Technology and Project Management for other divisions.
“Ben brings a strong track record of technology leadership and a pragmatic, solutions-driven mindset that makes him a trem...
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05.05.25 - 16:03
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SEKO Logistics Appoints New Executives to Advance Innovation, Compliance & Regional Growth (Business Wire)
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SCHAUMBURG, Ill.--(BUSINESS WIRE)--SEKO Logistics (SEKO), the leader in end-to-end global logistics, announces the appointments of Vanessa Rambo as Chief Compliance Officer (CCO), Brendan Belz as Chief Transformation Officer (CTO) and Alain Chimene as Regional President, APAC, effective immediately.
Vanessa Rambo, Chief Compliance Officer
In her new role, Rambo will lead SEKO's U.S. and Global Compliance teams, driving operational improvements while navigating and mitigating risks across the organization.
"With over 25 years of global experience, Vanessa brings unmatched compliance expertise to SEKO,” said Gordon Branov, SEKO's CEO. “Her deep knowledge of logistics, supply chain regulations, export controls and import compliance will be a major asset to our teams worldwide.”
Rambo is a licensed customs broker and recognized leader in trade and customs compliance. She has held senior leadership roles at Lamb Weston, Nestle USA, Meggitt USA and Bostik Inc., among others. Her experience spans mu...
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03.04.25 - 15:06
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Lamb Weston Reaffirms FY25 Guidance (AFX)
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WASHINGTON (dpa-AFX) - Lamb Weston (LW) reaffirmed financial targets for fiscal 2025. Net sales are projected in a range of $6.35 billion to $6.45 billion. Adjusted EPS is projected in the range o......
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03.04.25 - 14:36
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Lamb Weston Reports Third Quarter Fiscal 2025 Results; Reaffirms Fiscal Year 2025 Outlook (Business Wire)
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Third Quarter Fiscal 2025 Highlights
GAAP Results as Compared to Third Quarter Fiscal 2024:
Net sales increased 4% to $1,521 million
Income from operations increased 11% to $249 million
Net income was essentially flat at $146 million
Diluted EPS increased $0.02 to $1.03
Non-GAAP Results as Compared to Third Quarter Fiscal 2024:
Adjusted Income from Operations(1) increased $1 million to $263 million
Adjusted Net Income(1) declined 11% to $157 million
Adjusted Diluted EPS(1) declined 8% to $1.10
Adjusted EBITDA(1) increased 6% to $364 million
Returned $151 million to shareholders: paid $51 million in cash dividends to common shareholders and repurchased $100 million of common stock
Retained AlixPartners to assist in evaluating near- and long-term value creation and cost savings opportunities
Reaffirm Fiscal 2025 Outlook
Net sales of $6.35 billion to $6.45 billion
Adjusted EBITDA(1) target of $1.17 billion to $1.21 billion
Adjusted Net Income(1) target of $440 million to $460 million and Adjusted Diluted EPS...
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