Flowers Foods Chief Supply Chain Officer Tom Winters to Retire on April 17
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 08 2026
0mins
Should l Buy FLO?
Flowers Foods announced that effective April 17, Tom Winters, Chief Supply Chain Officer, will retire from the company. Winters has been a valued member of the Flowers leadership team since 2022. A search for his successor is underway.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy FLO?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on FLO
Wall Street analysts forecast FLO stock price to rise
1 Analyst Rating
0 Buy
1 Hold
0 Sell
Hold
Current: 8.510
Low
12.00
Averages
12.00
High
12.00
Current: 8.510
Low
12.00
Averages
12.00
High
12.00
About FLO
Flowers Foods, Inc. is a producer and marketer of packaged bakery foods in the United States. The Company operates bakeries across the country that produce a wide range of bakery products. Its principal 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 brands and products are sold through various channels throughout the United States. These channels include supermarkets, drugstores, mass merchandisers, discount stores, club stores, convenience stores, thrift outlet stores, and foodservice, among others. It also supplies national and regional restaurants, institutions and foodservice distributors, and retail in-store bakeries with breads and rolls; sells packaged bakery products to wholesale distributors for ultimate sale to a wide variety of food outlets; and sells packaged snack cakes.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Tom Winters to Retire as Chief Supply Chain Officer of Flowers Foods on April 17
- Leadership Transition: Flowers Foods announced that Tom Winters, the Chief Supply Chain Officer, will retire on April 17, 2026, after joining the company in 2022, and his departure may impact operational stability given his role in enhancing supply chain efficiency.
- Industry Reputation: Winters is highly regarded in the industry, with his leadership and expertise recognized by peers and team members, and his retirement could affect the company's reputation and competitiveness in supply chain management.
- Successor Search: The company has initiated a search for Winters' successor, and the outcome of this process will directly influence Flowers Foods' future supply chain strategy and operational efficiency, particularly in the current market environment.
- Company Overview: Flowers Foods is one of the largest producers of packaged bakery foods in the U.S., with net sales of $5.3 billion in 2025, and Winters' retirement may have potential implications for the company's long-term growth strategy, especially regarding brand and product diversity.
See More
FLOWERS FOODS DECLARES RETIREMENT OF CHIEF SUPPLY CHAIN OFFICER
- Retirement Announcement: Flowers Foods has announced the retirement of its Chief Supply Chain Officer.
- Impact on Operations: The retirement may lead to changes in the company's supply chain management and operational strategies.
- Future Leadership: The company is expected to appoint a successor to ensure continuity in supply chain operations.
- Company Performance: This leadership change comes at a time when Flowers Foods is focusing on enhancing its supply chain efficiency.
See More
Flowers Foods CEO Sells 209,000 Shares for $1.68 Million
- Indirect Share Sale: On April 1, 2026, Flowers Foods CEO Ryals McMullian sold 209,000 common shares indirectly for approximately $1.68 million, resulting in an 8.22% decrease in his overall holdings, while his direct stake remained unchanged.
- Ownership Structure Impact: Following the transaction, McMullian's indirect holdings were reduced to 973,094 shares, indicating limited investment authority over family trusts and related entities, which may affect his influence on future company decisions.
- Market Context: The sale occurred as Flowers Foods shares hit a 52-week low of $7.86, with a 52.48% decline over the past year; despite an 11% year-over-year sales increase in Q4 of fiscal 2026, the company reported a net loss of $67.1 million, highlighting industry challenges.
- Investor Considerations: While the sale may raise concerns, McMullian retains approximately 1.36 million directly-held shares, reflecting confidence in the company’s future; investors should monitor upcoming quarterly performance to determine buy or sell strategies.
See More
Flowers Foods CEO Sells $1.68 Million Shares Amid Weak Earnings
- Executive Share Sale: On April 1, 2026, Flowers Foods CEO Ryals McMullian sold 209,000 shares at an average price of approximately $8.03 per share, totaling around $1.68 million, which represented 8.22% of his total holdings, although his direct ownership remained unaffected.
- Market Reaction: The sale coincided with the company's stock hitting a 52-week low of $7.86, reflecting market concerns over a net loss of $67.1 million in the fourth quarter of fiscal 2026, despite a year-over-year sales increase of 11% to $1.2 billion.
- Financial Performance Volatility: While the company reported fourth-quarter sales of $1.2 billion, an 11% increase year-over-year, it swung from a net income of $43.1 million in the previous year to a loss, indicating significant industry headwinds that could impact future financial performance.
- Investor Caution: Although the current price-to-sales ratio is low, suggesting an inexpensive valuation, analysts recommend that investors monitor the company's performance over the coming quarters before making buy or sell decisions, especially since Flowers Foods was not included in Motley Fool's list of top investment stocks.
See More
Flowers Foods Included Among Safest High Dividend Stocks
- Price Target Cut: Deutsche Bank lowered Flowers Foods' price target from $11 to $7, reflecting widespread pressures in the consumer packaged goods sector due to the Middle East conflict, indicating concerns about the company's future performance.
- Executive Changes: Flowers Foods announced that Chief Growth Officer Terry Thomas will step down and the position will be eliminated, aiming to integrate growth capabilities into the broader company structure, which may impact strategic execution and market responsiveness.
- Brand Management Shift: Chief Brand Officer Mark Courtney will now report directly to CEO McMullian, taking on responsibilities for retail customer sales, innovation, and revenue management in addition to brand strategy, potentially affecting the market performance and sales strategies of the company's brands.
- Market Environment Challenges: Analysts noted a weak March performance, with cost inflation, trade-down risks, and currency fluctuations weighing on the company's results, which could undermine investor confidence and stock price performance.
See More
Flowers Foods Announces Chief Growth Officer Departure and Role Dissolution
- Executive Transition: Flowers Foods announces the departure of Chief Growth Officer Terry Thomas, whose role was established in 2023 to accelerate growth capabilities, now integrated into the company's business structure, indicating maturity in strategic execution.
- Leadership Continuity: Following Thomas's departure, Chief Brand Officer Mark Courtney will report directly to the CEO, taking on responsibilities for brand strategy and retail customer sales, reflecting the company's emphasis on his long-term experience to further solidify market position.
- Operational Structure Optimization: This adjustment complements the appointment of David Roach as Chief DSD Operations Officer, creating a brand-led marketing and sales team that enhances execution efficiency, signaling increased growth potential for the future.
- Financial Performance Context: With sales reaching $5.3 billion in 2025, Flowers Foods stands as one of the largest packaged bakery food producers in the U.S., and this executive change aims to support ongoing business growth through optimized management structures.
See More
Tom Winters to Retire as Chief Supply Chain Officer of Flowers Foods on April 17
- Leadership Transition: Flowers Foods announced that Tom Winters, the Chief Supply Chain Officer, will retire on April 17, 2026, after joining the company in 2022, and his departure may impact operational stability given his role in enhancing supply chain efficiency.
- Industry Reputation: Winters is highly regarded in the industry, with his leadership and expertise recognized by peers and team members, and his retirement could affect the company's reputation and competitiveness in supply chain management.
- Successor Search: The company has initiated a search for Winters' successor, and the outcome of this process will directly influence Flowers Foods' future supply chain strategy and operational efficiency, particularly in the current market environment.
- Company Overview: Flowers Foods is one of the largest producers of packaged bakery foods in the U.S., with net sales of $5.3 billion in 2025, and Winters' retirement may have potential implications for the company's long-term growth strategy, especially regarding brand and product diversity.
See More
FLOWERS FOODS DECLARES RETIREMENT OF CHIEF SUPPLY CHAIN OFFICER
- Retirement Announcement: Flowers Foods has announced the retirement of its Chief Supply Chain Officer.
- Impact on Operations: The retirement may lead to changes in the company's supply chain management and operational strategies.
- Future Leadership: The company is expected to appoint a successor to ensure continuity in supply chain operations.
- Company Performance: This leadership change comes at a time when Flowers Foods is focusing on enhancing its supply chain efficiency.
See More
Flowers Foods CEO Sells 209,000 Shares for $1.68 Million
- Indirect Share Sale: On April 1, 2026, Flowers Foods CEO Ryals McMullian sold 209,000 common shares indirectly for approximately $1.68 million, resulting in an 8.22% decrease in his overall holdings, while his direct stake remained unchanged.
- Ownership Structure Impact: Following the transaction, McMullian's indirect holdings were reduced to 973,094 shares, indicating limited investment authority over family trusts and related entities, which may affect his influence on future company decisions.
- Market Context: The sale occurred as Flowers Foods shares hit a 52-week low of $7.86, with a 52.48% decline over the past year; despite an 11% year-over-year sales increase in Q4 of fiscal 2026, the company reported a net loss of $67.1 million, highlighting industry challenges.
- Investor Considerations: While the sale may raise concerns, McMullian retains approximately 1.36 million directly-held shares, reflecting confidence in the company’s future; investors should monitor upcoming quarterly performance to determine buy or sell strategies.
See More
Flowers Foods CEO Sells $1.68 Million Shares Amid Weak Earnings
- Executive Share Sale: On April 1, 2026, Flowers Foods CEO Ryals McMullian sold 209,000 shares at an average price of approximately $8.03 per share, totaling around $1.68 million, which represented 8.22% of his total holdings, although his direct ownership remained unaffected.
- Market Reaction: The sale coincided with the company's stock hitting a 52-week low of $7.86, reflecting market concerns over a net loss of $67.1 million in the fourth quarter of fiscal 2026, despite a year-over-year sales increase of 11% to $1.2 billion.
- Financial Performance Volatility: While the company reported fourth-quarter sales of $1.2 billion, an 11% increase year-over-year, it swung from a net income of $43.1 million in the previous year to a loss, indicating significant industry headwinds that could impact future financial performance.
- Investor Caution: Although the current price-to-sales ratio is low, suggesting an inexpensive valuation, analysts recommend that investors monitor the company's performance over the coming quarters before making buy or sell decisions, especially since Flowers Foods was not included in Motley Fool's list of top investment stocks.
See More
Flowers Foods Included Among Safest High Dividend Stocks
- Price Target Cut: Deutsche Bank lowered Flowers Foods' price target from $11 to $7, reflecting widespread pressures in the consumer packaged goods sector due to the Middle East conflict, indicating concerns about the company's future performance.
- Executive Changes: Flowers Foods announced that Chief Growth Officer Terry Thomas will step down and the position will be eliminated, aiming to integrate growth capabilities into the broader company structure, which may impact strategic execution and market responsiveness.
- Brand Management Shift: Chief Brand Officer Mark Courtney will now report directly to CEO McMullian, taking on responsibilities for retail customer sales, innovation, and revenue management in addition to brand strategy, potentially affecting the market performance and sales strategies of the company's brands.
- Market Environment Challenges: Analysts noted a weak March performance, with cost inflation, trade-down risks, and currency fluctuations weighing on the company's results, which could undermine investor confidence and stock price performance.
See More
Flowers Foods Announces Chief Growth Officer Departure and Role Dissolution
- Executive Transition: Flowers Foods announces the departure of Chief Growth Officer Terry Thomas, whose role was established in 2023 to accelerate growth capabilities, now integrated into the company's business structure, indicating maturity in strategic execution.
- Leadership Continuity: Following Thomas's departure, Chief Brand Officer Mark Courtney will report directly to the CEO, taking on responsibilities for brand strategy and retail customer sales, reflecting the company's emphasis on his long-term experience to further solidify market position.
- Operational Structure Optimization: This adjustment complements the appointment of David Roach as Chief DSD Operations Officer, creating a brand-led marketing and sales team that enhances execution efficiency, signaling increased growth potential for the future.
- Financial Performance Context: With sales reaching $5.3 billion in 2025, Flowers Foods stands as one of the largest packaged bakery food producers in the U.S., and this executive change aims to support ongoing business growth through optimized management structures.
See More
