Summary
Lamb Weston Holdings, Inc. produces, distributes, and markets value-added frozen potato products worldwide. It operates through four segments: Global, Foodservice, Retail, and Other. The company offers frozen potatoes, commercial ingredients, and appetizers under the Lamb Weston brand, as well as under various customer labels. The company also offers its products under its owned or licensed brands, such as Grown in Idaho and Alexia, and other licensed brands, as well as under retailers' brands. In addition, it engages in the vegetable and dairy businesses. The company serves retail and foodservice customers; and grocery, mass merchants, club, and specialty retailers; and businesses, educational institutions, independent restaurants, regional chain restaurants, and convenience stores. Lamb Weston Holdings, Inc. was incorporated in 1950 and is headquartered in Eagle, Idaho.
History
The company was founded in 1950 by Gilbert Lamb. In 1988, it was acquired by ConAgra Foods. In November 2016, ConAgra spun off the company to its shareholders. In October 2019, Lamb Weston formed the joint venture, Lamb Weston Alimentos Modernos S.A., with Sociedad Comercial del Plata.
Mission
Lamb Weston is dedicated to providing our customers with products and services that exceed expectations and create experiences they want to repeat.
Vision
Our vision is to be the global leader in delivering value-added potato products that share smiles and inspired food experiences everywhere.
Key Team
Ms. Sharon L. Miller (Sr. VP & GM of Global Bus. Unit)
Mr. Michael Jared Smith (Sr. VP and GM of Foodservice, Retail, Marketing & Innovation)
Mr. Dexter P. Congbalay (VP of Investor Relations)
Mr. Steven J. Younes J.D. (Sr. VP & Chief HR Officer)
Mr. Gerardo Scheufler (Sr. VP & Chief Supply Chain Officer)
Mr. John C. Hatto (Sr. VP of Strategy & Growth)
Phuong T. Lam (VP & Corp. Sec.)
Recognition and Awards
Lamb Weston has consistently been recognized for our commitment to sustainability, food safety and quality, economic performance, and innovation. Most recently, the company won Vanguard Awards from the Produce Marketing Association and Sustainability Awards from the United Fresh Produce Association.
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