JBSS leadership transition takes effect: Jasper Sanfilippo Jr. named CEO, Pellegrino President/CFO

SANFILIPPO JOHN B & SON INC

Effective October 1, 2026, Jeffrey T. Sanfilippo moved from CEO to Executive Chair of the Board, as previously announced in the July 16, 2026 Form 8-K.
Jasper B. Sanfilippo, Jr., previously COO, President and Secretary, assumed the role of Chief Executive Officer on the transition date.
Frank Pellegrino, formerly CFO and EVP Finance and Administration, became President and Chief Financial Officer.
Pellegrino's Employment Letter sets base salary at $700,000/year, a target bonus of 100% of salary under the Sanfilippo Value Added Plan, and a FY2027 annual equity award of $600,000.
Pellegrino also receives a one-time equity award of $750,000 with FY2027 grants; severance is 1x or 2x salary plus target bonus for termination without cause or Good Reason, plus accelerated vesting.

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