B&G Foods IncBGS
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New CEO appointed to improve margins, cash flow, and reduce debt after weak Q1 results.

B&G Foods has appointed Robert Mills as its new president and CEO, succeeding Casey Keller who retired last week. Mills, a board member since March 2018, takes the role with immediate effect as the Crisco and Ortega brand owner aims for sustainable long-term growth by reshaping its portfolio, improving margins and cash flow, and reducing debt. He joins from Tractor Supply Company where he was executive vice president and chief technology officer for digital and pet services. The leadership change follows first-quarter results that showed a net loss of $32.5 million and a 3.9% decline in sales revenue to $408.9 million.
B&G Foods IncNew CEO appointed to improve margins, cash flow, and reduce debt after weak Q1 results.
Tractor Supply Company