Snack maker Snyder's-Lance has announced that CEO David Singer will retire following the company's AGM, scheduled for 3 May.
The company said he will be succeeded by Carl Lee Jr, who has served as Snyder's-Lance president and COO since December 2010. Previously, Lee was CEO of Snyder's Hannover from 2005-2010 when the group merged with Lance. At that time, Singer was CEO of Lance and has been credited with turning around the company.
"I'm proud to have been a part of Snyder's-Lance's growth into a national snack-food company with a growing portfolio of iconic brands," Singer commented. "We have a very strong board of directors, a highly capable and experienced leadership team, thousands of dedicated associates, a robust strategic plan and great brands and products."
