Adams, the founder of the company, had previously served as CEO. Dolph Baker was named his successor as president and CEO on October 15 and has overall executive responsibility for the management of the company.
Baker said: “Fred Adams suffered a mild stroke but he is alert and resting comfortably in a Virginia (US) hospital. We expect him to stay in the hospital for observation for a few days. However, we regret that he will not be able to attend the annual meeting of shareholders on September 30. On behalf of everyone at Cal-Maine Foods, we wish Fred the best and look forward to his full recovery.”
Cal-Maine Foods is primarily involved in the production, grading, packing and sale of fresh shell eggs, including conventional, cage free, organic and nutritionally enhanced eggs.
Source: Cal-Maine Foods
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