Lancaster Colony Appoints Alan F. Harris As Chairman Of Board, Effective January 1, 2024; John B. Gerlach Will Remain A Member Of Board
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Lancaster Colony has announced the appointment of Alan F. Harris as the Chairman of the Board, effective January 1, 2024. The current Chairman, John B. Gerlach, will continue to serve as a member of the board.
December 19, 2023 | 9:01 pm
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Alan F. Harris will take over as Chairman of the Board for Lancaster Colony on January 1, 2024, with John B. Gerlach staying on as a board member.
Board appointments can influence a company's strategic direction, but the market typically views such changes as part of normal corporate governance unless accompanied by more significant news. Since the transition appears to be planned and orderly, with the current chairman remaining on the board, the short-term impact on LANC's stock price is likely to be neutral.
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