Lifeway Foods streamlines operations, senior VP role cut

In a move to restructure its operations, Lifeway Foods , Inc. (NASDAQ:LWAY) has announced the elimination of the Senior Executive Vice President of Sales position, previously held by Amy Feldman. The change, effective February 28, 2025, aims to integrate the role’s responsibilities into the company’s internal sales team. The company, currently valued at $309 million, has shown strong performance with a 77.5% stock return over the past year.

The decision to eliminate the position was disclosed in a recent SEC 8-K filing by the Illinois-based dairy product manufacturer. According to the filing, Feldman’s departure is classified as a termination without cause under her Employment Agreement with Lifeway Foods. The company clarified that Feldman’s termination did not stem from any disagreements over operations, policies, or practices. InvestingPro data shows the company maintains excellent financial health with a "GREAT" overall score, supported by strong revenue growth of 18.3% in the last twelve months.

The restructuring within Lifeway Foods comes as part of the company’s broader efforts to streamline its organizational structure. By integrating the responsibilities of the senior sales role into its existing team, Lifeway Foods is likely seeking to enhance efficiency and reduce overhead. The company’s strong financial position is evident in its healthy current ratio of 2.68, indicating robust liquidity to support operational changes.

This announcement follows Lifeway Foods’ previous communications about organizational changes, reflecting the company’s ongoing commitment to operational optimization. As the manufacturer of kefir and other probiotic food products, Lifeway Foods has been a prominent player in the dairy industry, with its fiscal year ending December 31.

The company has not disclosed further details about the financial implications of this restructuring or any potential impact on its sales strategy. Lifeway Foods’ business address remains at 6431 W Oakton, Morton Grove, IL, and its business phone number is 847-967-1010.

Investors and stakeholders of Lifeway Foods will be monitoring the company’s performance closely to gauge the effectiveness of the recent changes. This news is based on a press release statement and reflects the latest developments in the company’s strategic direction.

In other recent news, Lifeway Foods has reported a record year for 2024, with notable increases in revenue, net income, and EBITDA. The company also saw a 17% rise in gross sales for the last week of February 2025 compared to the same period in 2024. Lifeway Foods has declined a buyout offer from Danone (EPA:DANO), stating that the proposal undervalues the company. The Board of Directors has reviewed the offer with independent advisors and expressed a willingness to consider a sale only if the valuation reflects Lifeway’s true worth. Additionally, Lifeway plans to invalidate a 1999 stockholders agreement with Danone, citing legal non-compliance. The company has also taken legal steps to address public misstatements made by individuals associated with Lifeway, emphasizing its commitment to accurate communication. Lifeway’s Board attributes its success to the leadership of Chairwoman & CEO Julie Smolyansky and remains focused on protecting shareholder interests amidst Danone’s acquisition attempts. The information is based on recent press releases and SEC filings.

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