Lamb Weston announced a cooperation agreement with Jana Partners, appointing six members to the board, including former Nestlé USA leader Bradley Alford as chairman. This followed investor interest in Jana's stake, which had originally pushed shares higher, but recent outcomes have disappointed some investors.

Lamb Weston Holdings, Inc. (NYSE: LW) is a global leader in frozen potato products, focusing on customer satisfaction, operational excellence, and continued innovation. The company has a strong track record of success in expanding its global footprint, executing new product launches, and raising the bar on talent development.

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Lamb Weston Reaches Cooperation Agreement with Jana Partners for Board Appointments.

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Lamb Weston Reaches Cooperation Agreement with Jana Partners for Board Appointments.

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