George E. Deese to Retire as Flowers Foods, Inc.'s Executive Chairman and Serve as Non-Executive Chairman
November 21, 2014 at 10:13 am
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Flowers Foods, Inc. announced that consistent with the company's management succession plan established by the board of directors five years ago, George E. Deese, will retire as executive chairman of the board at the end of 2014. Deese will become non-executive chairman of the board and will continue to be involved in the strategic direction of the company. The announcement came following a board meeting on Nov.
21, 2014. Allen L. Shiver will continue to serve as president and CEO. Shiver has been with the company for 36 years and was elected president in 2010 and CEO in 2013 when Deese moved to the position of executive chairman.
Deese joined Flowers' sales department in 1964 and was successively promoted to higher levels of responsibility. He served for almost 20 years as president and chief operating officer of Flowers Bakeries, the company's core business.
Flowers Foods, Inc. is a producer and marketer of packaged bakery foods in the United States. The Company's products include breads, buns, rolls, snack items, bagels, English muffins, and tortillas and are sold under a variety of brand names, including Nature's Own, Dave's Killer Bread (DKB), Wonder, Canyon Bakehouse, Tastykake, and Mrs. Freshley's. Its fresh baked foods customers include mass merchandisers, supermarkets and other retailers, restaurants, quick-serve chains, food wholesalers, institutions, dollar stores and vending companies. It supplies national and regional restaurants, institutions and foodservice distributors, and retail in-store bakeries with breads and rolls. It sells packaged bakery products to wholesale distributors for ultimate sale to food outlets. It sells packaged snack cakes primarily to customers who distribute them nationwide through multiple channels of distribution, including mass merchandisers, supermarkets, vending outlets and convenience stores.