The J.M. Smucker Company is implementing a new leadership transition plan that names Mark T. Smucker as CEO, replacing his uncle Richard K. Smucker.
Mark—fifth generation of the century old fruit spread company’s founding family—will take over the position beginning in May. He previously served as president, consumer and natural foods and a member of the company’s Board of Directors. Richard will become executive chairman of the Board, succeeding current Chairman Timothy P. Smucker, who will transition to the role of chairman emeritus and will remain on the Board as a non-employee director.