John B. Sanfilippo & Son, Inc. Announces Retirement of Shayn E. Wallace as Executive Vice President, Sales and Marketing
June 30, 2023 at 06:58 pm IST
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John B. Sanfilippo & Son, Inc. announced as previously announced on a Current Report on Form 8-K filed with the Securities and Exchange Commission on June 12, 2023, the company announced the elimination of the position of Executive Vice President, Sales and Marketing, as of June 29, 2023. In connection with the elimination of this position, on June 27, 2023, the company entered into a Separation Benefits and General Release Agreement with Shayn E. Wallace . Pursuant to the Agreement, Mr. Wallaceâs last day with the company was June 29, 2023.
John B. Sanfilippo & Son, Inc. is a processor and distributor of peanuts, pecans, cashews, walnuts, almonds and other nuts in the United States. Its nuts are sold under its Fisher, Orchard Valley Harvest, Squirrel Brand and Southern Style Nuts brand names and under a variety of private brands. It also markets and distributes a diverse product line of food and snack products, including peanut butter, almond butter, cashew butter, candy and confections, snack and trail mixes, nutrition bars, snack bites, sunflower kernels, dried fruit, corn snacks, chickpea snacks, sesame sticks and other sesame snack products under its brand names and under private brands. Its products are raw and processed nuts. The nut product line includes almonds, pecans, peanuts, black walnuts, English walnuts, cashews, macadamia nuts, pistachios, pine nuts, Brazil nuts and filberts. Its products are sold through food retailers in the consumer channel, commercial ingredient users and contract packaging customers.