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JM Smucker has appointed Woo-Sung (Bruce) Chung and David Singer to its board of directors, effective 15 April 2026, expanding the board to 11 members, ten of whom are independent.

The appointments follow what the company described as 'constructive engagement' with activist investor Elliott Investment Management. Smucker has also entered into an information-sharing agreement with Elliott aimed at facilitating collaboration to drive sustainable shareholder value.

Chung currently serves as executive vice president and chief financial officer of NRG Energy, where he oversees financial strategy, capital allocation, risk management and corporate development. His background includes senior finance and asset management roles at NRG, prior service as CFO of Nuclear Innovation North America, and earlier investment banking experience at Citigroup.

Singer brings extensive branded food and beverage leadership experience. He most recently served as CEO of Snyder's-Lance and previously held the role of executive vice president and CFO at Coca-Cola Consolidated, the largest Coca-Cola bottler in the United States. Singer currently serves on the boards of Performance Food Group Company and Brunswick Corporation.

Mark Smucker, chief executive officer, president and chair of the board, said: “Today, we have a strong foundation in place and a clear focus on driving continued organic growth, while enhancing profitability and earnings."

JM Smucker maintains leading positions across multiple centre-store and pet categories in North America, including coffee, peanut butter, fruit spreads, frozen handhelds, sweet baked goods and pet food.

Its portfolio includes brands such as Folgers, Dunkin', Café Bustelo, Jif, Uncrustables, Smucker's, Hostess, Milk-Bone and Meow Mix. The company said it remains confident in its long-term strategy to drive shareholder value through disciplined capital allocation and operational execution.