Lamb Weston, a leading supplier of frozen potato, sweet potato, appetizer and vegetable products to restaurants and retailers around the world, has announced the appointment of Norman Prestage to its board of directors. Prestage, who was a partner at Ernst & Young (EY) until his retirement in June of this year, will also serve on the audit and finance committee.
“Norm brings a wealth of experience to our board,” said Tom Werner, president and chief executive officer of Eagle, Idaho, USA-headquartered Lamb Weston. “His extensive experience advising consumer goods and foodservice companies will be invaluable to us as we continue to focus on our strategies to grow and deliver shareholder value.”
Prestage, who is a certified public accountant, joined Ernst & Young in 1987 and during his career served as the global client service partner for large international public companies in the consumer products, foodservice, retail and risk management industries.
Meanwhile, Lamb Weston declared a quarterly dividend of $0.36 per share of Lamb Weston common stock payable on Nov.ember 29 to stockholders of record as of the close of business on November 1, 2024.
