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MAUMEE, Ohio - The Andersons, Inc. (NASDAQ:ANDE), a $1.3 billion market cap company with a solid financial health rating according to InvestingPro, appointed Steven Oakland to its board of directors effective Thursday, according to a company press release.
Oakland currently serves as chairman, CEO, and president of TreeHouse Foods, Inc., North America’s largest private label food and beverage producer. He has been with TreeHouse since March 2018, initially joining as CEO and president before adding the chairman role in April 2023.
Prior to TreeHouse, Oakland spent nearly four decades in the food and beverage industry, holding various leadership positions at The J.M. Smucker Company, including vice chair and president of U.S. food and beverage. His experience also includes roles as president of coffee and food service, international food service, and U.S. retail operations at Smucker’s.
Oakland’s board experience includes service on Foot Locker’s board from 2014 to 2025, where he chaired multiple committees. He currently serves on the boards of TreeHouse Foods and FMI, The Food Industry Association.
"Steve brings a vast amount of industry knowledge and a strong tenure of leadership experience that make him an excellent addition to our board of directors," said Pat Bowe, Chairman of The Andersons. The company, currently trading below its Fair Value according to InvestingPro analysis, has maintained dividend payments for 30 consecutive years, with a current yield of 2%.
The Andersons operates in the agribusiness and renewables sectors across North America, generating over $11.5 billion in revenue over the last twelve months. InvestingPro subscribers can access 8 additional key insights and a comprehensive analysis of the company’s financial health and growth prospects through the Pro Research Report.
In other recent news, The Andersons, Inc. reported its second-quarter earnings for 2025, which revealed a notable miss in earnings per share (EPS) compared to market expectations. The company posted an EPS of $0.24, significantly below the forecasted $0.53, resulting in a negative surprise of 54.72%. Despite this, the company managed to surpass revenue expectations, although specific revenue figures were not disclosed. Additionally, The Andersons announced the appointment of Emmanuel Ayuk as the new executive vice president, general counsel, and corporate secretary, effective September 2, 2025. Ayuk will report directly to President and CEO Bill Krueger and brings experience from his previous role at ADM. These developments are part of the company’s ongoing efforts to strengthen its leadership team and address investor concerns following the recent earnings miss. No analyst upgrades or downgrades were mentioned in relation to these announcements.
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