Flowers Foods FLO

Mr. Varnedoe was named president and chief operating officer effective September 2023. Previously, he served as chief operating officer from January 2023 to August 2023. He served as chief transformation officer from December 2020 until January 2023, senior vice president of DSD Regions/Sales from August 2017 until December 2020, and president of Flowers' Phoenix, Arizona bakery from January 2016 to August 2017. Mr. Varnedoe joined Flowers in 1990 and held a number of positions before leaving the company in 2000 to pursue other business interests. He rejoined Flowers in 2012.

Ms. Tillman was named chief legal counsel and corporate secretary effective January 2020. Previously, she served as vice president, chief compliance officer, and deputy general counsel from April 2011 to January 2020. Prior to that, Ms. Tillman served in various roles in the legal department since joining the company in 1995.

Mr. Scaglione joined the company as chief financial officer (CFO) on January 1, 2026. Previously, he served as chief financial officer of Total Wine & More, a privately held retailer specializing in wine, spirits, and beer, from September 2024 to March 2025. He also served as executive vice president and chief financial officer of ODP Corporation, a global B2B office equipment and services company, from July 2020 to September 2024. Prior to joining ODP Corporation, he was executive vice president and chief financial officer of ABM Industries Inc. (ABM), a global services company, from 2015 to July 2020. Prior to joining ABM in 2009, Mr. Scaglione held executive finance positions at CA Technologies from 2005 to 2009 and served as a manager with Ernst & Young from 2001 to 2005.

Margaret G. Lewis is former President of Hospital Corporation of America's Capital Division. Ms. Lewis held various roles at HCA Healthcare from 1976 to 2013, including President of Capital Division from 2004 to 2013, Chief Executive Officer of CJW Medical Center from 2001 to 2004, Chief Operating Officer of CJW Medical Center, Chief Nursing Officer of Richmond Division, and various positions in nursing management and quality management. Ms. Lewis currently serves on the board of W.P. Carey Inc. (2017 - present; Chair of Nominating & Corporate Governance Committee). Ms. Lewis brings valuable insights to the board based on her executive leadership experience and her service on other public company boards. Ms. Lewis has extensive experience in executive decision-making and human capital management, gained through various leadership roles at HCA Healthcare.

James T. Spear is a retired executive vice president and chief financial officer of Cadence Health. Mr. Spear served as Executive Vice President and Chief Financial Officer of Cadence Health from 2006 to 2012, Vice President Finance of Keebler Foods Company from 1992 to 2001, and as a Self-Employed Independent Advisor from 2012 to 2022. Mr. Spear brings critical finance and accounting expertise to the board of directors. Mr. Spear also contributes substantial market facing, capital markets, M&A and food industry experience, gained through service in senior financial roles, including at Keebler Foods and Cadence Health. While at Keebler, Mr. Spear was part of the executive team that led a significant turn-around, completed an IPO, and operated the company until its acquisition by Kellogg. Mr. Spear also provides valuable insights on compliance and risk oversight from his experience as an independent advisor and his service on various private company and non-profit boards.

Rhonda O. Gass is Vice President and Chief Information Officer of Stanley Black & Decker, Inc., a position she has held since 2012. Prior to joining Stanley Black & Decker, Inc., Ms. Gass held various roles at Dell from 2001 to 2012, including Vice President of Strategy, Technology, and Governance, and various positions of increasing scope and responsibility. Ms. Gass also serves on the board of W.P. Carey Inc. (March 2024 - present). As the chief information officer for Stanley Black & Decker, Inc., a manufacturer of industrial tools and household hardware, Ms. Gass brings valuable information technology expertise and strong leadership and transformation experience to the board of directors. In her current role, Ms. Gass is responsible for comprehensive and cross-business unit IT strategy, delivery and support, and security infrastructure, and also leads functional transformation activities, focusing on effectiveness and efficiency. Ms. Gass also provides the board with insights on the consumer products industry gained from her time at Stanley Black & Decker.

Brigitte H. King is Chief Digital & Insights Officer of Colgate-Palmolive Company, a position she has held since June 2025, having previously served as Chief Digital Officer from May 2020 to June 2025. Prior to joining Colgate-Palmolive Company, Ms. King served as Chief Consumer Officer/EVP Digital Commerce of PVH Corp. from April 2019 to May 2020, and Chief Consumer Officer of L'Oreal from July 2017 to March 2019, along with various consumer marketing management roles. Ms. King brings strong consumer products industry experience from her work across multiple consumer products companies, including Colgate-Palmolive Company, PVH Corp., and L'Oreal. Ms. King also provides the board with valuable insights from her senior roles in various areas of brand management, including product insights, innovation, marketing, media, digital and ecommerce.

W. Jameson McFadden is Chief Executive Officer and Senior Portfolio Manager of Wellington Shields & Co., a position he has held since January 2023, having previously served as President and Senior Portfolio Manager from January 2017 to December 2022, and Research Analyst from 2006 to 2017. Mr. McFadden also serves as Director of Sales and Marketing of Blue Quail Wines (2010 - present). As chief executive officer of Wellington Shields & Co., a dual-registered broker dealer and investment advisor with over $3 billion in assets under management, Mr. McFadden brings executive experience and financial and capital markets expertise to the board of directors. Mr. McFadden also provides valuable insights on sales and brand management in the food and beverage industry based on his experience as head of sales and distribution for Blue Quail wine, a California winery.

Joanne D. Smith is a retired executive vice president and chief people officer of Delta Air Lines, Inc. Ms. Smith served as Executive Vice President & Chief People Officer of Delta Air Lines, Inc. from 2014 to 2024, along with various product development and marketing roles. As the former executive vice president and chief people officer of Delta Air Lines, Inc., an international airline company, where she oversaw talent management and development, recruitment, HR service delivery, and HR policies and programs, Ms. Smith brings valuable human capital management experience to the board of directors. Additionally, Ms. Smith provides the board with extensive brand management and sales experience gained through senior level sales and marketing roles throughout her career.

Sterling A. Spainhour is Executive Vice President and Chief Legal Officer of Southern Company, a position he has held since April 2023. Mr. Spainhour previously served as Senior Vice President, General Counsel and Chief Compliance Officer of Georgia Power from July 2020 to April 2023, Senior Vice President and General Counsel of Southern Company Services from December 2016 to June 2020, Partner at Jones Day from 2004 to 2016, Associate at Jones Day from 1994 to 1999 and 2000 to 2003, and Senior Counsel at CNN from 1999 to 2000. Mr. Spainhour also serves on the board of Gray Media Inc. (February 2021 - present). Mr. Spainhour brings significant expertise in M&A, legal matters, and corporate governance to the board of directors, gained from his experience as a partner at the international law firm Jones Day, where he spent over 20 years advising on complex transactions and corporate governance matters, and his senior positions at Southern Company and CNN. As executive vice president and chief legal officer of Southern Company, an American gas and electric utility holding company, Mr. Spainhour also has extensive experience in executive decision-making and investor relations.

A. Ryals McMullian is Chairman and Chief Executive Officer of Flowers Foods, Inc. Mr. McMullian has served as Chairman and Chief Executive Officer since May 2023, previously serving as President and Chief Executive Officer from May 2019 to May 2023, Chief Operating Officer from June 2018 to May 2019, Chief Strategy Officer from May 2017 to June 2018, Vice President of M&A and Deputy General Counsel from 2015 to 2017, and various legal roles from 2003 to 2015. Mr. McMullian has extensive M&A experience and led the acquisition of two of the company's top brands, Dave's Killer Bread and Canyon Bakehouse. Additionally, Mr. McMullian provides key insights on corporate governance and the legal and regulatory environment in which the company operates, gained through his previous roles in the company's legal department and at Jones Day, a global law firm.

Mr. Winters joined Flowers as chief supply chain officer in April 2022. Before joining Flowers, he served as senior vice president of supply chain at PepsiCo, Inc., an American multinational food, snack, and beverage corporation, overseeing supply chain functions for two of the company's North American divisions. During his 19-year tenure at PepsiCo, he also held a number of operations and production roles with responsibility for the management of internal plants, warehouses, and contract manufacturers. He began his career with The Proctor & Gamble Company in 1988, serving in a number of operational leadership roles at production facilities in the U.S. and Puerto Rico until joining PepsiCo in 2003.

Mr. Chaffin was named chief information officer (CIO) in February 2020 after serving four months in an interim capacity. Prior to joining Flowers, Mr. Chaffin was a partner in the Southeast practice of Fortium Partners, a provider of technology leadership services, from 2019 until joining Flowers. He also served as CIO at SGSCO, a global package and brand design and marketing company, from 2015 to 2019 and as CIO for Acosta Sales and Marketing from 2007 to 2015.

Ms. Cox joined Flowers as chief human resources officer in February 2023. Before joining Flowers, she served as vice president of human resources for the Refrigeration segment of Carrier Corporation, the leading global provider of healthy, safe, sustainable, and intelligent building and cold chain solutions (Carrier), since July 2017. During her 27-year tenure with Carrier and Pratt & Whitney, she held multiple human resources roles of increasing scale and responsibility.

Mr. Roach was named chief DSD operations officer in January 2026. He previously served as chief strategic projects officer from August 2022 to January 2026, president of cake operations from July 2020 until August 2022, and president of the Snacking/Specialty Business Unit from May 2017 to July 2020. Prior to that, Mr. Roach served in various sales and management positions since joining the company in 1992.

Mr. Courtney was named chief brand officer in July 2020. He previously served as president of the Fresh Packaged Bread Business Unit from May 2019 to July 2020, senior vice president of retail accounts from May 2017 to May 2019, and senior vice president of sales from June 2008 to May 2017. Prior to that, Mr. Courtney served in various sales positions since joining the company in 1983.