SMPL News & Events

In connection with the realignment initiatives, effective immediately, the Company is implementing the following changes within its Executive Leadership Team: Timothy Kraft, Chief Legal and Corporate Development Officer, has been promoted to Chief Administrative Officer; Jessica Morgan, VP Deputy General Counsel & Corporate Affairs, has been named SVP, Deputy General Counsel and Head of People, reporting t Kraft; Emily Johnston, VP of Marketing for Quest, has been named SVP of Quest Marketing; Kathy Kelley, VP of Logistics, has been appointed SVP of Operations; Amy Held, Chief Human Resources Officer, will step down from her role as responsibilities are consolidated under this simplified leadership structure and will depart from the Company by June 1, 2026, following a transition period, and Jason Bendure, the current Chief Supply Chain Officer, will report to Scalzo.

The Simply Good Foods announced cost savings and corporate realignment initiatives to position the business for its next phase of growth. As previewed on the Company's most recent earnings call, the Company announced cost savings and realignment initiatives aimed at streamlining the organization, driving faster decision making, and lowering fixed overhead costs. These cost actions are expected to generate approximately $17 million in annual savings and impact approximately 15% of overall staffing levels versus the Company's prior plans. These actions are included in the Company's most recent outlook.