Conceding to pressure from Jana, Lamb Weston (LW) replaced CEO Tom Werner with COO Michael Smith on the same day the company ...

CEO Tom Werner said higher-than-expected manufacturing costs and softer volumes accounted for the earnings shortfall. Sales declined 8% year-over-year to $131.2 million. Volume declined 6% ...

With Liverpool chairman Tom Werner watching from the stands, Slot’s side made a mockery of their reputation of being a second-half team. For the first time since such records began, the Reds ...