J.M.
Filed with the SEC on · Summarized by InvestorsBot
J.M. Smucker expands its Board to 11 and elects Woo‑Sung (Bruce) Chung and David Singer effective Apr 15, 2026; both will join the Audit Committee. Mercedes Abramo moves from Audit to Nominating/Gov/Corp Responsibility on the same date. $SJM 📈 #BoardUpdate #Governance
Chung and Singer will receive non‑employee director pay per Smucker’s proxy (filed 6/27/2025). The company will sign indemnity agreements for each effective Apr 15, 2026, mirroring the form filed as Exhibit 10.51 in the 10‑K. $SJM 🛡️ #Investors #CorporateGovernance
Indemnities cover expenses, judgments, settlements, fines and penalties reasonably incurred defending actions tied to their board roles (including third‑party and derivative suits), to the fullest extent permitted by law. No related‑party arrangements disclosed. $SJM 🔍 #Audit #Governance