An announcement from JM Smucker (SJM) is now available.
The J. M. Smucker Company has made significant adjustments to its long-term incentive compensation program for fiscal year 2025, shifting the focus of performance unit awards to a mix of adjusted earnings per share and average net sales growth. These changes, approved by the Compensation Committee, aim to better align executive rewards with the company’s financial objectives. Additionally, the annual shareholders’ meeting saw the election of ten directors, the ratification of Ernst & Young LLP as the independent auditor, and approval of executive compensation.
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