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December 24, 2024

Lamb Weston Holdings appointed Michael J. Smith, current chief operating officer of Lamb Weston, as president and chief executive officer and as a member of the company's board of directors, effective Jan. 3. Smith succeeds Thomas P. Werner, who is stepping down as CEO and as a member of the board. Werner will serve in an advisory role through Aug. 31 to ensure a smooth transition. Smith joined Lamb Weston in 2007, and has been chief operating officer since May 2023. Previously, Smith was Lamb Weston's senior vice president and general manager of food service, retail, marketing and innovation and senior vice president, growth and strategy. He holds a bachelor's degree in marketing from Brigham Young University and an MBA from the Cox School of Business at Southern Methodist University. Lamb Weston is a supplier of frozen potato products to restaurants and retailers around the world, and is headquartered in Eagle, Idaho.