Maumee, Ohio * The Andersons, Inc. (NASDAQ: ANDE) announced the appointment of Steven Oakland to its board of directors, effective August 21, 2025. Oakland, the Chairman, CEO, and President of TreeHouse Foods, Inc., brings nearly 40 years of experience in the food and beverage industry, having held various leadership positions at companies such as the J.M. Smucker Company and Foot Locker.
Oakland's appointment comes as The Andersons continues its focus on strategic growth opportunities. Chairman Pat Bowe expressed confidence in Oakland's industry knowledge and leadership experience, emphasizing his potential contributions to the board.
The Andersons, Inc., a North American agriculture company operating in the agribusiness and renewables sectors, remains committed to providing extraordinary service to its customers, supporting its employees, and increasing the company's value.
The addition of Steven Oakland to the board reflects The Andersons' dedication to leveraging expertise and experience to drive growth and enhance its strategic positioning in the market. As a result of these announcements, the company's shares have moved 4.73% on the market, and are now trading at a price of $40.33. For more information, read the company's full 8-K submission here.