Dean Foods (NYSE:DF) announces that Jody Macedonio has stepped down from her position as CFO of the company.
The departure is not related to any issues regarding the integrity of the company’s financial statements or accounting policies and practices.
Dean Foods says it appointed Gary Rahlfs to serve as the interim chief financial officer, effective immediately.
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On January 15, 2021, the Honorable Chief Judge David R. Jones, of the United States Bankruptcy Court for the Southern District of Texas, signed and entered a Stipulation and Agreed Order (Order) between the U.S. Department of Justice (DOJ), which is serving as legal counsel of record for the United States Department of Agriculture (USDA), and Dean Foods. …
Shares of Dean Foods Co. plummeted 32% in premarket trading Tuesday, after the milk and dairy products seller reported a wider-than-expected second-quarter loss and sales that rose less than analyst projections, amid volume pressure and an “accelerated decline” in the conventional white milk category. …
Dallas-based Dean Foods posted a larger-than-expected loss in the first quarter of the year, and company executives say they remain “open-minded” about a possible sale of the company. …
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