Lancaster Colony Corporation
10/18/2024 | Press release | Distributed by Public on 10/18/2024 06:02
Management Change/Compensation Form 8 K
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On October 17, 2024, Lancaster Colony Corporation (the "Company") announced that Carl R. Stealey, President, Retail Division of T. Marzetti Company, the specialty foods subsidiary of the Company, will depart from T. Marzetti Company effective no later than June 30, 2025. The Company expects to enter into a severance agreement with Mr. Stealey in connection with his separation from T. Marzetti Company. The details of the severance agreement have not been determined at this time. The Company will provide a description of such severance agreement in a future filing with the Securities and Exchange Commission following its execution.