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TreeHouse Foods Announces Agreement with JANA Partners


Press release content from PR Newswire. The AP news staff was not involved in its creation.
TreeHouse Foods Announces Agreement with JANA Partners
March 2, 2021 GMT
OAK BROOK, Ill., March 2, 2021 /PRNewswire/ TreeHouse Foods, Inc. (NYSE: THS) today announced an agreement with JANA Partners LLC, which owns approximately 7.4% of the outstanding shares of TreeHouse’s common stock, pursuant to which TreeHouse will appoint to its Board of Directors, effective March 2, 2021, two new independent directors: John P. Gainor Jr. and Kenneth I. Tuchman.
“We are pleased that our productive engagement with JANA Partners has resulted in the appointment of John and Ken to the TreeHouse Board,” said Gary D. Smith, Chairman of the Board. “Both have a broad range of expertise. We look forward to benefitting from their valuable perspectives as we continue to focus on executing our strategy and on creating long-term value for our stockholders.” ....

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