A Smucker Leaves Smucker

Jan. 27, 2015
Paul Smucker Wagstaff, a great-great-grandson of founder, quits J.M. Smucker Co.

Paul Smucker Wagstaff, a great-great-grandson of company founder Jerome Monroe Smucker, resigned Dec. 5 from J.M. Smucker Co. He left both the board of directors and his role as president of U.S. retail consumer foods.

"Mr. Wagstaff is leaving for personal reasons and has no conflicts with the company’s management or other board members," said a Dec. 5 filing with the Securities and Exchange Commission. He joined the company in 1996, became president of consumer foods in 2011, and had served on the company's board since 2009. The Cleveland Plain Dealer also noted the decision was not health-related.

Wagstaff, 45, is the son of Suzi Smucker Wagstaff and nephew of Smucker Chairman Tim Smucker and Smucker CEO Richard Smucker.

Wagstaff oversaw Smucker's recent acquisition of Sahale Snacks Inc., which brought the new category of nut and fruit trail mixes to the company.

The Plain Dealer also said the company expects to announce his successor from among internal candidates before the April 30 end of its 2015 fiscal year. Until then, President and COO Vince Byrd will oversee the consumer foods business in addition to his other responsibilities.

Sponsored Recommendations

Refrigerated transport services you can count on

Ensure product quality from origin to final destination with refrigerated shipping solutions from Schneider.

4 shipping challenges that a dedicated carrier can solve

Navigating the logistics industry is challenging. Find out how a dedicated transportation solution can solve some of the most common shipping challenges.

Dedicated lightweight solution maximizes bottled water payload

A leading bottled water company needed a carrier to transport water from 29 plants to retailers. The challenge? Handling over 46,000 pounds. Read the study.

Recipe for successful growth: Schneider’s dedicated fleet services helps bakery rise

Learn how a large bakery company complimented their private fleet with Schneider Dedicated freight services to increase freight capacity, amplify visibility & reduce costs.