Flowers Foods announced Friday that its board of directors has elected Allen L. Shiver president and chief executive officer effective May 22, the date of the company’s annual shareholders’ meeting. Shiver has 33 years of service with the company and currently serves as president. George E. Deese, current chairman of the board and chief executive officer, has been elected executive chairman of the board effective the same date. This announcement is consistent with the company’s management succession plan.
“This is a time of exciting opportunities for Flowers Foods, and the board and I are confident in Allen’s continued leadership as our team integrates recent acquisitions and focuses on growing sales and earnings,” Deese said. “My role as executive chairman is to ensure that our strategic direction is sound and that Flowers’ culture — what defines our team as unique in our industry — remains strong so we can continue to build value for our shareholders.”
See Saturday's edition for more details.