Cal-Maine 食品 CALM

Sherman L. Miller was elected to the Board in 2012. He has devoted his entire professional career to the Company since joining in 1996, serving in various positions of increasing responsibility. He has served as President since 2018 and was elected as Chief Executive Officer (CEO) in 2022. Mr. Miller previously served as Chief Operating Officer (COO) from 2011 to 2023, where he had primary responsibility for commodity sourcing, procurement and distribution logistics, as well as oversight for the Company risk policies tied to food safety, environmental management and animal welfare. Mr. Miller is a widely recognized animal protein industry expert. He brings extensive experience in attracting and retaining the talent base necessary to support the Company's growth strategy, both organically and through acquisitions. He also brings a deep understanding of the regulatory landscape that governs how safe, quality food is produced, processed and brought to market. As CEO, Mr. Miller is a proven leader in managing our business through the various market cycles that are characteristic of our industry. His strategic vision is focused on the Company's long-term growth and value creation for all our stakeholders, including our customers, employees, investors, the communities we serve, the chickens under our care, and the families who rely on us for quality egg products. Mr. Miller's current and prior board service includes contributions to the United Egg Producers, the U.S. Poultry and Egg Association and the Mississippi State University Poultry Science Advisory Board, among others. He earned his B.S. in Poultry Science from Mississippi State University, where he currently serves as the Distinguished Fellow for the Department of Poultry Science.

Max P. Bowman has served as Company Vice President and Chief Financial Officer since October 5, 2018, when he was elected to the Board. Mr. Bowman also serves as treasurer and secretary. He joined the Company in June 2018 as Vice President, Finance. Mr. Bowman is a Certified Public Accountant who has extensive experience leading corporate finance and accounting, financial reporting, risk management and merger and acquisition efforts. Mr. Bowman is responsible for the Company's business line finance group, accounting and financial reporting, corporate development, financial planning and analysis, human capital, information technology, investor relations, risk management and sustainability functions. Prior to joining the Company, Mr. Bowman served as Chief Financial Officer of Southern States Utility Trailer Sales and H&P Leasing from 2014 to 2018. In 2003, Mr. Bowman co-founded Tenax, LLC, a holding company for Tenax Aerospace, a special-mission aircraft-leasing company. At Tenax, Mr. Bowman served as chief executive officer, chief financial officer and president. From 1985 to 2002, Mr. Bowman served in progressive roles of responsibility at ChemFirst, Inc. (NYSE: CEM), a diversified global agricultural, intermediate and fine chemical manufacturer and provider of electronic materials and chemicals to the semiconductor industry that was previously listed on the New York Stock Exchange. Mr. Bowman was appointed as Chief Financial Officer of ChemFirst in 1997 and served in this role until ChemFirst was sold to DuPont Co in December 2002. Prior to that, Mr. Bowman began at Arthur Andersen & Company in 1982 where he was serving as a Senior Auditor when he left the firm in 1985. Mr. Bowman's earlier board service includes Tenax and WGS Systems. He earned a Bachelor of Accountancy Degree from Mississippi State University.

Mr. Robert L. Holladay, Jr., age 50, is Vice President - General Counsel. Mr. Holladay joined the Company and was appointed to this position in 2011.

Adolphus B. Baker serves as Board Chair. He was elected as Board Chair in 2012. Previously, Mr. Baker served as Company Chief Executive Officer from 2010 to 2022, President from 2010 to 2018, and as Chief Operations Officer from 1997 to 2010. Mr. Baker served as Company Vice President and Director of Marketing from 1987 to 2010. Mr. Baker joined Cal-Maine Foods in 1986 as Company Assistant to the President. Mr. Baker has guided Cal-Maine Foods' emergence as the largest producer and distributor of fresh shell eggs and egg products in the United States. During his tenure, the Company has identified, acquired and successfully integrated 26 companies that have driven enterprise growth. Mr. Baker was also instrumental in delivering the Company's 1996 initial public offering and Nasdaq listing (Nasdaq: CALM). Mr. Baker's focus on prudential growth helped drive net sales of $293 million in fiscal 1997 to the Company's highest net sales of $3.1 billion in fiscal 2023. He helped the Company align enterprise production, sales and distribution capabilities to generate annual sales volumes in excess of one billion dozen shell eggs beginning in fiscal 2014, which represented about 21% of United States domestic shell egg consumption at that time. Mr. Baker has helped expand the Company's total addressable market through our growth strategies. Notably, Mr. Baker has supervised the installation of an asset base that helps the Company provide a spectrum of food choices across product categories. As Board Chair, Mr. Baker remains actively involved in managing the Company, with a focus on strategy, capital allocation, advising the senior management team and leading the Board. Mr. Baker also leverages his deep experience and diverse skillset to advise the Company on its engagement with stakeholders. Mr. Baker currently serves on the Board of Directors of Eggland's Best, Inc., and the board of managers of Eggland's Best, LLC. He previously served as Chairman of the American Egg Board, United Egg Producers, Egg Clearinghouse, Inc. and the Mississippi Poultry Association. He has also previously served as a Director of United Egg Producers. He currently serves on the Board of Directors of Trustmark Corporation and its subsidiary, Trustmark Bank, formerly Trustmark National Bank. Mr. Baker earned a Bachelor of Business Administration from Mississippi State University in 1980. He is the son-in-law of the late Fred R. Adams, Jr., the Company's founder.

Melanie Boulden was appointed to the Board as an independent director in 2025. Ms. Boulden formerly served as the Group President of the Prepared Foods business unit from September 2023 to October 2024 and Executive Vice President, Chief Growth Officer from February 2023 to May 2025 for Tyson Foods, Inc. (Tyson Foods), a multinational protein-focused food company. As Group President of Tyson Foods' Prepared Foods business unit, Ms. Boulden had full P&L responsibility, leading a multibillion-dollar retail, foodservice and ecommerce portfolio, which included beloved and category-leading brands, such as Jimmy Dean, Hillshire Farm and Ball Park. She was responsible for several manufacturing facilities and more than 19,000 team members. As Executive Vice President, Chief Growth Officer, Ms. Boulden led innovation, research and development, consumer insights and analytics, demand planning, marketing communications, and corporate communications across the enterprise. Ms. Boulden previously held roles as Chief Marketing Officer of the North America operating unit of The Coca-Cola Company from January 2021 to December 2022, leading a multibillion-dollar brand portfolio consisting of more than 20 brands; President of the Still Beverages business unit at Coca-Cola North America from April 2020 to January 2021, leading the water, sports drinks, tea and coffee businesses; and President and General Manager of Venturing and Emerging Brands at Coca-Cola North America from August 2019 to April 2020. Ms. Boulden's earlier corporate experience includes senior global marketing roles at Reebok International, Ltd., Crayola LLC, Kraft Foods Group Inc., and Henkel Consumer Goods, USA. Ms. Boulden currently serves on the board of directors of Adobe Inc. She holds a Bachelor of Science degree from Iowa State University and a Master of Business Administration degree from the University of Iowa with concentrations in finance and marketing.

Letitia C. Hughes was elected to the Board as an independent director in 2001, and appointed as lead independent director on March 25, 2025. Ms. Hughes retired as Senior Vice President and Manager of Private Banking at Trustmark Bank in Jackson, Mississippi, in 2014 after more than forty years of service as a private wealth management expert, industry vertical banker and credit analyst. During her career, Ms. Hughes earned progressively more senior roles tied to financial services, human capital management and technology management, among other capabilities. She served as a subject matter expert for customer privacy, bank secrecy and anti-money laundering governance initiatives. Ms. Hughes also helped the bank develop standards for measuring progress against key legal, compliance and performance objectives. Ms. Hughes most recently served as Senior Vice President at Trustmark. She focused her career on private banking from 1995 until her retirement. Ms. Hughes helped high net-worth individuals and their families meet their financial goals by providing holistic wealth planning capabilities, including financial analysis, real estate and portfolio management solutions and insurance, tax and trust-planning services. Between 1980 and 1995, Ms. Hughes served as a relationship manager for small- and medium-size corporate clients and offered merger and acquisition advisory services in addition to loan-origination capabilities across industry verticals, including manufacturing, food processing and heavy equipment leasing and finance, among others. In 1975, Ms. Hughes was promoted to a generalist credit analyst role dedicated to support the bank's risk management efforts. She began her career with Trustmark in 1974 as a management trainee. During her career, Ms. Hughes maintained active Series 6, Series 7 and Series 63 licenses. Ms. Hughes continues to contribute to community organizations, including serving in a number of leadership and advisory roles in the Jackson, Mississippi, area. Notably, she previously served as President of the Junior League of Jackson, Mississippi. Ms. Hughes has served on the Board of Trustees of Methodist Rehabilitation Center (MRC) in Jackson since 2007. Since 2012, she has also supported the MRC's Wilson Research Foundation, which is devoted to build a research and education program to advance the clinical practice of neurorehabilitation, with board service and Investment Committee participation and oversight. Ms. Hughes earned her B.S. in Math from Vanderbilt University in 1974.

Steve W. Sanders was elected to the Board as an independent director in 2009. Mr. Sanders is a Certified Public Accountant who retired as Managing Partner of the Ernst & Young LLP, Jackson, Mississippi, office after more than 30 years of service. Mr. Sanders has extensive audit, merger and acquisition accounting and valuation-advisory experience. In his practice, Mr. Sanders advised private companies searching for bolt-on acquisitions and engaging in initial public offerings. Mr. Sanders also has broad experience providing industry verticals with audit services and various acquisition audits and related services. Mr. Sanders was promoted to partner at Ernst & Young in 1986. During his tenure, Mr. Sanders was increasingly responsible for human capital management, including hiring, retention and client-side staffing for the Jackson, Mississippi office. He also supervised the Jackson, Mississippi office's ethics, legal and regulatory compliance prior to his retirement in 2002 as Managing Partner. Mr. Sanders' early career included experience working part-time at a poultry company, which gave him insight into the poultry industry's operating needs. Mr. Sanders served as a Lecturer at the Richard C. Adkerson School of Accountancy at Mississippi State University, where he taught accounting and auditing courses from 2003 until his retirement in 2017. His previous board service includes a directorship of Valley Services, Inc., a privately held national contract food services manager, from 2002 until Elior North America acquired the business in 2012. Mr. Sanders' community activities include service to Broadmoor Baptist Church in Madison, Mississippi, including as the former Chairman of its Finance Committee. Mr. Sanders earned his B.S. of Accountancy at Mississippi State University in 1968 and Masters in Business Administration in 1969.

Camille S. Young was elected to the Board as an independent director in 2021. Ms. Young brings more than thirty years of government affairs experience with Mississippi's elected state and local government officials. Ms. Young maintains deep relationships with business leaders and community influencers nationally and across the state of Mississippi. She deploys her issue expertise and relationships to help clients navigate policies, create and drive effective advocacy campaigns, utilize business and development opportunities and craft successful public affairs efforts. In her practice, Ms. Young also helps clients pursue mergers and acquisitions, navigate supply chain complexities and manage value chain risks. Ms. Young currently serves as Managing Principal of Cornerstone Government Affairs, a full-service, bipartisan consulting firm specializing in federal and state government relations, public affairs and strategic communications and advisory services. At Cornerstone, Ms. Young co-chairs the firm's Mentorship Working Group. Ms. Young joined the firm in 2011. Previously, Ms. Young served as a government affairs representative with one of Mississippi's leading law firms, Watkins Ludlam Winter & Stennis, from 2001 to 2011, where she was a member of the Government Affairs practice group. She was responsible for managing clients' legislative advocacy, public affairs and community relations efforts. Prior to joining Watkins Ludlam, Ms. Young served the Mississippi Farm Bureau Federation for five years in various roles as a communications specialist, director of media relations and a government relations specialist. Ms. Young served as a member of the inaugural Diversity and Inclusion Committee of the Madison County Business League and Foundation in Mississippi. She previously served as President of the Mississippi State University National Alumni Association. Ms. Young has contributed to community activities such as the Greater Jackson Chamber Partnership Board of Directors, the Junior League of Jackson Sustainers Board of Directors, Alpha Kappa Alpha Sorority, Incorporated, and the Mississippi 4-H Foundation. Ms. Young's public board service includes Mississippi Power Company, a subsidiary of Southern Company. She also serves on the board of privately-held BankFirst Financial Services. Ms. Young earned her B.A. in Communication Management and M.S. in Agriculture & Extension Education from Mississippi State University.

Dudley D. Wooley was appointed to the Board as an independent director in March 2026. Mr. Wooley brings extensive leadership experience in risk management, business strategy, and governance. Mr. Wooley currently serves as Chief Executive Officer of Ross & Yerger Insurance, Inc., a super-regional, employee-owned independent insurance agency headquartered in Jackson, Mississippi. With more than three decades at the firm, he has played a central role in shaping its growth, leadership, and long-term strategic direction. He was promoted to CEO/COO in 2013 and has served as CEO since 2025, with responsibility for overall leadership and performance of the organization. Mr. Wooley served as President and Chief Operating Officer with Ross & Yerger Insurance, Inc., where he led agency growth and profitability initiatives, developed the firm's perpetuation strategy, and supported its sales and management teams. In addition to his executive responsibilities, Mr. Wooley serves as a Trustee of the Jones Family Trusts, helping oversee a diversified portfolio of assets across public equities, private equity, real estate, oil and gas, and fixed income investments on behalf of approximately 170 beneficiaries. Mr. Wooley began his career with Andersen Consulting (now Accenture) and later worked at Marketing Research Institute, where he developed experience in consulting, analytics, and client advisory. Mr. Wooley holds a MBA from Millsaps College and a Bachelor of Science in Mathematics from Vanderbilt University. He is a Chartered Property Casualty Underwriter (CPCU), Certified Risk Manager (CRM), Certified Insurance Counselor (CIC), and Accredited Adviser in Insurance (AAI).

Mr. Scott D. Hull, age 39, is Vice President - Sales. Mr. Hull assumed the executive officer role in 2024 and has served as Vice President - Sales since 2021. Prior to that time, Mr. Hull served as National Sales Manager from 2016 to 2021. Mr. Hull previously served as a general manager at the Company's Louisburg, North Carolina, location before joining the sales team in 2014. He has been with the Company since 2009.

Ms. Keira L. Lombardo, age 45, is Chief Strategy Officer. She joined the Company and was appointed to this position in 2025. Prior to joining the Company, she served as Chief Executive Officer of Dairy MAX Inc., a large-scale dairy organization representing approximately 700 farm families across eight states from 2024 to 2025. From 2020 to 2022, she served as Chief Administrative Officer at Smithfield Foods, Inc. (Nasdaq: SFD), a public company producing a wide variety of packaged meats and fresh pork products primarily in the U.S. Prior to that time, she served as Executive Vice President, Corporate Affairs and Compliance at Smithfield starting in 2019 and in various other corporate and investor relations positions at Smithfield from 2002 to 2019.

Mr. Michael T. Walters, age 55, is Vice President - Operations and Chief Operating Officer. Mr. Walters has served as a Vice President since 2011. He was appointed as Chief Operating Officer by the Board in 2023.

Effective November 29, 2021, Matthew S. Glover has been appointed Vice President, Accounting of the Company and will assume the role of principal accounting officer. Glover has served as Director of Financial Reporting for Cal-Maine Foods since 2019. He previously was a Senior Audit Manager at BKD, LLP, for ten years where he worked with audit clients in a variety of industries. Glover holds a Bachelor of Accountancy degree and a Master of Accountancy degree from the University of Mississippi. He is a Certified Public Accountant.

Cal-Maine Foods, Inc. announced the appointment of Haley R. Fisackerly as independent members of its Board of Directors, effective June 23, 2026. Mr. Fisackerly currently serves as President and Chief Executive Officer of Entergy Mississippi, LLC. Since assuming his current role in 2008, he has led significant operational, infrastructure, and economic development initiatives. He currently serves on the board of BankFirst Financial Services.

Cal-Maine Foods, Inc. announced the appointment of Michael J. Highfield as independent members of its Board of Directors, effective June 23, 2026. He currently serves as the Provost and Executive Vice President of Mississippi Christian University, where he is responsible for academic strategy, institutional effectiveness, accreditation, and long-term planning. He previously served as Professor of Finance and Head of the Department of Finance and Economics at Mississippi State University and was recently named the next President and Chief Academic Officer of the Graduate School of Banking at LSU. He is a Chartered Financial Analyst (CFA) charterholder, Certified Treasury Professional (CTP), and Chartered Banking Professional (ChBP)