TreeHouse Foods Announces Reorganization Designed to Optimize Business and Further Create Value for Customers
Treehouse Foods, Inc. (THS)
Last treehouse foods, inc. earnings: 2/13 06:55 am
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treehousefoods.gcs-web.com/node/5806
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Source: PR Newswire
OAK BROOK, Ill., Feb. 26, 2020 /PRNewswire/ -- TreeHouse Foods, Inc. (NYSE: THS) today announced a series of organizational changes designed to optimize the business and further create value for customers. Beginning in the first quarter of 2020, TreeHouse will reorganize from three divisions, currently structured according to product category (Baked Goods, Beverages and Meal Solutions), to two divisions, organized according to market dynamics – Snacking & Beverages and Meal Preparation. "Following an in-depth review of our categories and strategies, we have decided to organize ourselves in a manner that we believe best serves our customers," said Steve Oakland, CEO and President of TreeHouse Foods. "The retail grocery landscape continues to evolve and be very competitive, and our customers are looking to solve two fundamentally different goals. First, to help demonstrate value to the consumer and improve margins that they can invest to drive consumer traffic; and second, to help i
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