Lamb Weston names new CFO | 2021-05-25
EAGLE, IDAHO — Bernadette Madarieta, vice chairman and controller at Lamb Weston Holdings, Inc., has been named senior vice chairman and chief monetary officer, efficient Aug. 6. She succeeds Robert McNutt, who will retire from the corporate in August.
Mr. McNutt has served as Lamb Weston’s CFO since 2017.
“I wish to thank Rob for his management and his many contributions to Lamb Weston as we’ve developed into a powerful unbiased firm,” stated Tom Werner, president and chief govt officer. “He has performed an essential position in serving to the corporate navigate the challenges of working throughout the COVID-19 pandemic whereas constructing a powerful finance staff with deep experience.”
Ms. Madarieta has served as Lamb Weston’s vice chairman, controller and principal accounting officer since November 2016, when the corporate spun off from Conagra Manufacturers, Inc. She has greater than 20 years of expertise main finance groups for publicly traded corporations. Previous to becoming a member of Lamb Weston, she was vice chairman and controller at Packaging Corp. of America, a containerboard and corrugated packaging producer. She additionally was vice chairman and controller at Boise Inc., a packaging and paper merchandise producer.
“It provides me nice confidence to know that Bernadette is getting into this position,” Mr. Werner stated. “Not solely does she have a deep understanding of the Lamb Weston enterprise; she can be extremely revered by her colleagues throughout the group. I sit up for working carefully with Bernadette in her new position to drive worth for all of our stakeholders.”