Smucker Appoints New President And Chief Executive

Mark T. Smucker

Effective May 1, Mark Smucker, 46, will succeed Richard K. Smucker, 67, his uncle, who has been chief executive since 2011 and co-chief executive since 2001.

Mark Smucker is currently president of the company's consumer and natural foods division, which includes Jif peanut butter, Pillsbury, Crisco cooking oil and shortening and Smucker's jams, jellies and preserves.

Richard Smucker will become executive chairman of the board, a position formerly held by his older brother and Mark's father, Timothy P. Smucker, 71, who will become chairman emeritus and will remain on the company's board as a nonemployee director.

Additionally, Smucker's board has promoted Mark R. Belgya and Steven Oakland to the additional management roles of vice-chair, effective May 1.

Belgya, senior vice-president and chief financial officer, will add vice-chair to his titles, and Oakland, currently president of coffee and foodservice, becomes vice-chair and president of U.S. food and beverage. Belgya will be responsible for strategy, mergers and acquisitions, government and industry affairs, and information services.