The Andersons, Inc. (NASDAQ: ANDE) has announced the appointment of Steven Oakland to the company's 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 to the role. His extensive background includes serving as Vice Chair and President of U.S. Food and Beverage for The J.M. Smucker Company, as well as holding various leadership positions within the company.
Oakland's board experience is also noteworthy. He previously served on the board of Foot Locker from 2014 to 2025, where he chaired multiple committees. Additionally, he currently sits on the board of directors of TreeHouse Foods, Inc. and FMI, the Food Industry Association.
The addition of Oakland to The Andersons' board of directors is seen as a strategic move to leverage his industry knowledge and leadership experience in pursuit of the company's growth opportunities. Chairman Pat Bowe expressed enthusiasm about Oakland's contributions, emphasizing the company's continued focus on strategic growth opportunities.
The Andersons, Inc. is a North American agriculture company operating in the agribusiness and renewables sectors. The company is committed to providing exceptional service to its customers, supporting its employees, and contributing to the betterment of its communities while increasing the overall value of the company. As a result of these announcements, the company's shares have moved 6.34% on the market, and are now trading at a price of $40.95. Check out the company's full 8-K submission here.
