Fundz

Lamb Weston

Eagle, Idaho, United States · Agriculture and Farming, Food and Beverage, Food And Beverage

Lamb Weston is a leading supplier of frozen potato products to restaurants and retailers around the world. For more than 70 years, Lamb Weston has led the industry in innovation, introducing inventive products that simplify back-of-house management for its customers and make things more delicious for their customers. From the fields where Lamb Weston potatoes are grown to proactive customer partne

Key facts

Headquarters
Eagle, Idaho, United States
Employees
10,000
Industries
Agriculture and Farming, Food and Beverage, Food And Beverage
Status
Public (LW)
Website
investors.lambweston.com
LinkedIn
Company page

Recent activity at Lamb Weston

  • : Lamb Weston Announces Transition Agreement with Marc Schroeder
  • : SEC 8-K (5.02): On October 5, 2026, Lamb Weston Holdings, Inc. entered into a Transition and Separation Agreement with Marc Schroeder, who served as President, International. This agreement was made in connection with his resignation and contains provisions for a smooth transition. Mr. Schroeder will remain in his role until December 31, 2026, after which he will continue to serve the company in an advisory position until February 15, 2027. Key terms include a general release of claims and adherence to non-compete and non-solicitation agreements, which are significant for maintaining the company's competitive edge during this transition.
  • : SEC 8-K (5.07): On September 16, 2026, Lamb Weston Holdings, Inc. conducted its annual meeting of stockholders in Eagle, Idaho, where stockholders elected eleven directors to the Board of Directors. A total of 115,548,380 shares, representing approximately 84.0% of the outstanding shares, were voted. The election results indicated strong support for the board members, led by Bradley A. Alford and Peter J. Bensen, among others. This governance move ensures continuity and leadership stability for the company as it heads into the next fiscal year.
  • : SEC 8-K (5.02): On July 13, 2026, Lamb Weston Holdings, Inc.'s Compensation and Human Capital Committee amended the 2026 Inducement Stock Plan, reducing the number of shares authorized for issuance from 2,000,000 to 1,538,000. This plan is designed to incentivize individuals who are either new hires or returning employees to join the Company. The amendment reflects a strategic decision to scale back the number of shares available under the plan, possibly indicating a shift in compensation strategy or fiscal prudence. This change allows the Company to adjust its equity compensation approach, aligning better with its current hiring goals and financial situation. The complete text of the amended plan is attached as Exhibit 10.1.
  • : SEC 8-K (2.05): On June 1, 2026, Lamb Weston Holdings, Inc. announced a plan to close its manufacturing facility in Broekhuizenvorst, the Netherlands, aimed at improving operational efficiency and aligning its manufacturing footprint with customer needs. The closure is expected to incur pre-tax charges between $80 million and $110 million, primarily associated with asset write-downs, employee severance, and other termination benefits. Although most of these charges will be recognized in the fiscal year ending May 30, 2027, at least 20% is anticipated to result in cash expenditures. This operational change underscores strategic shifts tied to customer demand and operational realignment.
  • : SEC 8-K (1.01):
  • : Lamb Weston Appoints James D. Gray as Chief Financial Officer
  • : SEC 8-K (5.02): On February 4, 2026, Lamb Weston Holdings, Inc. appointed Jan Eli B. Craps as Executive Chair, effective February 6, 2026. Mr. Craps has an extensive background in the beverage industry, having previously served as CEO of Budweiser Brewing Company APAC. His compensation package includes a long-term incentive valued at approximately $3.15 million in restricted stock units vesting in three years, along with a one-time supplemental award and stock options with various exercise prices. Additionally, he is required to purchase a minimum of 250,000 shares of Lamb Weston common stock by December 31, 2026, incentivizing his commitment to the company.
  • : SEC 8-K (2.05): On January 5, 2026, Lamb Weston Holdings, Inc. announced a plan to close its manufacturing facility in Munro, Argentina, consolidating production to a new facility in Mar del Plata, Argentina, as part of its strategy to enhance operating efficiency. The company expects to incur pre-tax charges of approximately $50 million to $60 million predominantly in the fiscal year ending May 31, 2026, with about half expected to result in future cash expenditures primarily for employee severance, write-downs of long-lived assets, and other related costs. This measure reflects a strategic effort to streamline operations and mitigate costs associated with underutilized facilities. The execution of this plan includes potential operational challenges and changes in timing for the anticipated charges.
  • : SEC 8-K (2.02): On December 19, 2025, Lamb Weston Holdings, Inc. announced its financial results for the fiscal second quarter of 2026. The press release provided insights into the company's operating performance, including revenue figures and profit margins. This announcement may influence investor sentiment and provide a basis for market expectations regarding future performance. Key details from the results, however, were not specified in this filing.

Leadership

  • Marc Schroeder, President
  • James D. Gray, Chief Financial Officer
  • Benjamin Heselton, Chief Information Officer
  • Michael J. Smith, Chief Executive Officer

Verified email and direct lines for Lamb Weston’s decision-makers are on Fundz. See plans — or book a 15-minute walkthrough.

Employee benefit plans

Lamb Weston files 5 employee benefit plans with the U.S. Department of Labor, including a retirement plan. The next plan year renews in Dec 2026.

Lamb Weston in the news

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About Lamb Weston: questions and answers

What does Lamb Weston do?

Lamb Weston is a leading supplier of frozen potato products to restaurants and retailers around the world. For more than 70 years, Lamb Weston has led the industry in innovation, introducing inventive products that simplify back-of-house management for its customers and make things more delicious for their customers. From the fields where Lamb Weston potatoes are grown to proactive customer partne

Where is Lamb Weston headquartered?

Lamb Weston is headquartered in Eagle, Idaho, United States.

How many employees does Lamb Weston have?

Lamb Weston has about 10,000 employees.

Who leads Lamb Weston?

Marc Schroeder is a President at Lamb Weston.

What is the latest news on Lamb Weston?

On Oct 06, 2026, Lamb Weston Announces Transition Agreement with Marc Schroeder

Is Lamb Weston a public company?

Yes. Lamb Weston is publicly traded under the ticker LW.

Source: Fundz records from SEC filings, press releases and company announcements. How Fundz measures data accuracy

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