8-K filed January 30, 2023, 6:59 PM ET ticker SMPL CIK 0001702744

leadership confidence high sentiment neutral materiality 0.70

Simply Good Foods names Geoff Tanner CEO elect; Scalzo to become Executive Vice Chair

Simply Good Foods Co

Geoff Tanner appointed President, COO and CEO Elect effective April 3, 2023; to become CEO on July 7, 2023.
Joseph Scalzo transitions to Executive Vice Chair of the Board from July 7, 2023 through August 31, 2024.
Tanner receives $750K base salary, target bonus 100% (max 200%), long-term incentive 250% of base, and $700K one-time cash bonus/relocation.
Scalzo’s tenure saw net sales growth from $369M (FY2016) to ~$1.2B (FY2022), a 21.2% CAGR.
Board expands to 12 directors; David West steps down as Vice Chair but remains independent director.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Role change

David J. West

Vice Chair of the Board

SMPL · Simply Good Foods Co

Effective: 2023-07-07
Filed: January 30, 2023, 6:59 PM ET

Upon Mr. Scalzo’s appointment as Executive Vice Chair, David J. West, will step down from the position of Vice Chair of the Board, but is expected to continue to serve as an independent director of the Company.

Appointed

Geoff Tanner

President, Chief Operating Officer and CEO Elect

SMPL · Simply Good Foods Co

Effective: 2023-04-03
Filed: January 30, 2023, 6:59 PM ET

Geoff Tanner, formerly Chief Commercial and Marketing Officer at The J.M. Smucker Company (“ Smucker ”), has been named President, Chief Operating Officer and CEO Elect of the Company and a member of the Company’s Board of Directors (the “ Board ”), effective April 3, 2023.

Role change

Joseph E. Scalzo

Executive Vice Chair of the Board

SMPL · Simply Good Foods Co

Effective: 2023-07-07
Successor: Geoff Tanner
Filed: January 30, 2023, 6:59 PM ET

At the time of the Chief Executive Officer succession, Mr. Scalzo will be appointed as Executive Vice Chair of the Board and is expected to serve in this role through August 31, 2024

Role change

Geoff Tanner

President and Chief Executive Officer

SMPL · Simply Good Foods Co

Effective: 2023-07-07
Filed: January 30, 2023, 6:59 PM ET

it is expected that he will be appointed as President and Chief Executive Officer on or about July 7, 2023 (the “ Transition Date ”).

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

David J. West changed role as Vice Chair of the Board at Simply Good Foods Co.

Action: stepped down
Role: Vice Chair of the Board

Exact text from the filing

Upon Mr. Scalzo’s appointment as Executive Vice Chair, David J. West, will step down from the position of Vice Chair of the Board, but is expected to continue to serve as an independent director of the Company.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Geoff Tanner was appointed as President, Chief Operating Officer and CEO Elect at Simply Good Foods Co.

Action: appointed
Role: President, Chief Operating Officer and CEO Elect

Exact text from the filing

Geoff Tanner, formerly Chief Commercial and Marketing Officer at The J.M. Smucker Company (“ Smucker ”), has been named President, Chief Operating Officer and CEO Elect of the Company and a member of the Company’s Board of Directors (the “ Board ”), effective April 3, 2023.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Joseph E. Scalzo was appointed as Executive Vice Chair of the Board at Simply Good Foods Co.

Action: appointed
Role: Executive Vice Chair of the Board

Exact text from the filing

At the time of the Chief Executive Officer succession, Mr. Scalzo will be appointed as Executive Vice Chair of the Board and is expected to serve in this role through August 31, 2024

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.9

Geoff Tanner was appointed as President and Chief Executive Officer at Simply Good Foods Co.

Action: appointed
Role: President and Chief Executive Officer

Exact text from the filing

it is expected that he will be appointed as President and Chief Executive Officer on or about July 7, 2023 (the “ Transition Date ”).

View on SEC.gov

Simply Good Foods Co filing history →

Source: SEC EDGAR

accession 0001104659-23-007982

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