Return of Joe Scalzo as CEO boosts Simply Good Foods Co. (SMPL)

By Chris Stiles • Thursday, January 22 04:08 • Permanent Link

Simply Good Foods Company (NASDAQ: SMPL) has recently made a significant announcement regarding the return of Joe Scalzo as President and Chief Executive Officer. Scalzo, a former CEO and Executive Vice Chairman, is set to lead a new chapter of growth and profitability for the company. This change comes as a strategic move to reignite growth and improve overall business performance.

Scalzo's return is expected to bring about a transformative period for Simply Good Foods, building on his impressive track record during his previous tenure with the company. During his leadership, the company witnessed substantial value creation, including a successful debut in the public markets in 2017 and the acquisition and integration of Quest Nutrition, which positioned the company as a multi-brand, category-leading platform.

James Kilts, Chairman of the Board of Directors of Simply Good Foods, expressed confidence in Scalzo's vision and leadership, acknowledging his role as a key architect of the business over the past decade. The company aims to drive growth and create value for its stockholders under Scalzo's guidance.

In light of this change in leadership, the company also reaffirmed its Fiscal Year 2026 outlook, as previously indicated in its Fiscal First Quarter 2026 financial results, signaling stability and continuity in its strategic direction.

The Simply Good Foods Company, headquartered in Denver, Colorado, is a consumer-packaged food and beverage company with a focus on offering trusted brands and innovative nutritious snacking products, including high protein chips, bars, ready-to-drink shakes, powders, and low sugar, low carb sweets and baked goods.

This leadership transition and the reaffirmation of the company's outlook signal a pivotal moment for Simply Good Foods as it positions itself for a new phase of growth and innovation under the guidance of Joe Scalzo. The market has reacted to these announcements by moving the company's shares -1.04% to a price of $20.93. Check out the company's full 8-K submission here.

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