Flowers Foods, Inc. (NYSE: FLO) has appointed D. Anthony Scaglione as its new Chief Financial Officer (CFO), effective January 1, 2026. Scaglione will be responsible for guiding the company’s financial strategy and overseeing various functions, reporting to Chairman and CEO Ryals McMullian.
Scaglione brings with him a wealth of experience, having previously served as CFO for several public and private multi-billion-dollar organizations, including Total Wine & More, ODP Corporation, and ABM Industries. His leadership experience spans across finance functions, strategy, real estate, procurement, M&A, and IT.
Flowers Foods, Inc., a leading producer of packaged bakery foods in the United States, reported net sales of $5.1 billion in 2024. The company operates bakeries across the country and boasts a wide range of bakery products under its portfolio, including popular brands such as Nature’s Own, Dave’s Killer Bread, Canyon Bakehouse, Simple Mills, Wonder, and Tastykake.
Scaglione's appointment comes as Flowers Foods' current CFO, Steve Kinsey, plans to retire at the end of the year and serve in an advisory role for a transition period. Scaglione, who holds two Bachelor of Science degrees in finance and accounting from Rutgers University, as well as an MBA from Fairleigh Dickinson University, is also a Certified Public Accountant (CPA-NY).
The company's decision to appoint Scaglione reflects its focus on driving growth and navigating an increasingly complex and competitive landscape in the industry. Following these announcements, the company's shares moved -0.08%, and are now trading at a price of $12.75. For more information, read the company's full 8-K submission here.
