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Stock impact report

Cal-Maine Foods, Inc. Announces Passing of Company Founder, Fred R. Adams, Jr.

Cal-Maine Foods, Inc. (CALM) 
Last cal-maine foods, inc. earnings: 1/5 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: calmainefoods.com/investors
Company Research Source: Business Wire
JACKSON, Miss.--(BUSINESS WIRE)--Cal-Maine Foods, Inc. (NASDAQ: CALM) today announced that Fred R. Adams, Jr., the Company’s Founder and Chairman Emeritus, died on Sunday, March 29, 2020, at the age of 88, following an extended illness.Adams founded Adams Egg Company in 1957, which was the predecessor to Cal-Maine Foods, Inc., incorporated in 1969. He served as Chairman and Chief Executive Officer of the Company until 2012, at which time he was named Chairman Emeritus. Under his leadership, Cal-Maine Foods experienced significant growth to become the largest producer and distributor of fresh shell eggs in the United States with fiscal 2019 sales of approximately 1.039 billion dozen shell eggs, representing approximately 19 percent of domestic shell egg consumption in the United States. Adams was well respected throughout the egg industry and remained active in trade associations throughout his career. He served as a director of National Egg Company, United Egg Producers, U.S. Egg Show less Read more
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