October 4, 2022

Cal-Maine Foods appoints new CEO, president

Cal-Maine Foods, Inc. announced on September 30 that its board of directors has named Sherman L. Miller as president and chief executive officer of the company, effective immediately.

Miller will succeed Dolph Baker as CEO. Baker will retain his role as chairman of Cal-Maine's board of directors and as an executive officer of the company, and will remain actively involved in managing it, with a focus on strategy, capital allocation, advising the senior management team and leading the board. This transition is consistent with the board's succession planning process.

Miller will remain Cal-Maine's interim chief operations officer until a successor is named. He is very active in the egg industry and serves as a director of the US Poultry and Egg Association and United Egg Producers, and past director of the American Feed Industry Association.

Miller graduated from Mississippi State University with a bachelor's degree in poultry science.

Commenting on the appointment, Baker said: "Sherman has dedicated his entire career to Cal-Maine Foods and is extremely well qualified for this leadership position, having the right complement of operational experience and strategic vision. He has been a proven leader in managing our operations through the various market cycles that are characteristic of our industry.

"Under his leadership, the company has achieved tremendous growth, and he has the full confidence of the board that he is the right person to lead the company forward. Sherman is well-respected within the company, by our customers and throughout our industry. I look forward to our continued strong working relationship as we execute our growth strategy."

- Cal-Maine