Exhibit 99.1
-MORE-
Contacts:
Dolph Baker, Chairman and CEO
Max P. Bowman, Vice President and CFO
(601) 948-6813
CAL-MAINE FOODS, INC. ANNOUNCES RETIREMENT
OF MICHAEL CASTLEBERRY AND PROMOTIONS OF FINANCE TEAM
RIDGELAND,
Miss.
(November
18,
2021)
—
Cal-Maine
Foods,
Inc.
(NASDAQ:
CALM)
today
announced that
Michael D.
(Mike) Castleberry,
Vice President
and Controller
and the
Company’s
principal
accounting
officer,
will
retire
from
Cal-Maine
Foods
effective
early
January
2022.
Castleberry has held this position since 2014 after serving as Director of Accounting since 2013.
Matt Glover has
been named
Vice President –
Accounting and will
transition to the
role of
principal accounting
officer effective
November 29, 2021.
Glover has served
as Director of Financial
Reporting
for Cal-Maine
Foods
since
2019.
He previously
was a
Senior
Audit
Manager
at BKD,
LLP, for
ten years where he
worked with audit clients in a
variety of industries. Glover holds a Bachelor of
Accountancy
degree and a Master of Accountancy
degree from the University
of Mississippi.
He is a
Certified
Public
Accountant.
Jia Scott
has been
named Vice
President –
Treasury. Scott
has served
as Director
of Taxation
for Cal-Maine
Foods since
November 2013.
Prior to
this position,
she was
Vice President
of Taxation
of
Parkway
Properties
Inc.
and
held
other
senior
financial
positions
at
various
publicly
traded
companies where
she played
a leading
role in
accounting, debt
management and
treasury services.
In addition to
her tax and
treasury work at
Cal-Maine Foods, she
also helps oversee
the Company’s
philanthropic
efforts
and
sustainability initiatives.
Scott
holds
a
Bachelor
of
Accountancy
degree
from
Jackson
State
University,
a
Master
of
Accountancy
degree
from
Millsaps
College
and
is
a
Certified Public Accountant.
Rhonda Whiteman
has been
promoted to
Vice President
- Operational
Accounting. Whiteman
joined
Cal-Maine
Foods
in
2012
and
has
held
numerous
financial
positions
in
areas
including
accounts
payable,
purchasing,
analytics
and
accounting
management
across
the
Company.
She
most recently
served as
Director of
Operations Accounting,
where she
has utilized
a strong
working
knowledge of
the Company’s
enterprise-wide procedures
and field
operations to
support continuous
improvement
initiatives.
Whiteman
holds
a
Bachelor
of
Business
Administration
degree
from
Mississippi State University.
The new
appointments for
Glover, Scott
and Whiteman
are effective
November 29,
2021,
and they will each report directly to Max
Bowman,
Vice President
and Chief
Financial
Officer.
Commenting on the
announcements, Dolph Baker,
chairman and
chief executive officer
of
Cal-Maine
Foods,
Inc.,
stated,
“Mike
Castleberry
has served as
a valued accounting and financial
advisor, and we are very grateful for his leadership and dedicated service to the Company. He has
played an integral role on
our management team through a period of
tremendous growth for Cal-
Maine Foods. We will certainly
miss his considerable
insight and
wisdom, and
we wish
him all
the
best in his retirement.
“Matt Glover
is well
qualified to
assume this
important new
role, having
managed all
our
financial reporting
and SEC
filings while
utilizing his
technology experience
to enhance
our reporting
processes
and
procedures.
Since
joining
Cal-Maine
Foods,
he
has
worked
closely
with
Mike
Castleberry and will continue to benefit from his expertise to ensure a smooth transition. Jia Scott
has
extensive
experience
in
taxation
and
treasury,
both
at
Cal-Maine
Foods
and
with
other
companies and
industries. Rhonda
Whiteman is
very familiar
with our
systems and
processes across
the Company and understands the financial management and
needs of our operating facilities. We
are confident in each of
these managers’ capabilities and commitment as
they take on these new
leadership roles
for Cal-Maine
Foods. We
are fortunate
to have
a
strong finance
and accounting
team, and we look forward to working together as we continue to execute our growth strategy.”
