The Investor
29 May 2025, 09:31
Simply Good Foods Appoints New CFO and Updates Executive Severance Plan
The Simply Good Foods Company has appointed Christopher J. Bealer as Chief Financial Officer, effective July 3, 2025. Bealer, currently SVP of Finance, joined the company in April 2025 and brings 23 years of experience, including leadership roles at Reckitt and Whirlpool. His base salary will be $500,000 with eligibility for bonuses and long-term incentives.
Also on May 23, 2025, the board amended the Executive Severance Plan, increasing severance multipliers for top executives in the event of a Change in Control. The CEO will now receive 3× and the CFO, CLO, and CHRO 2× their base salary, target bonus, and one year of COBRA cost coverage upon a qualifying termination.
The Simply Good Foods Company has appointed Christopher J. Bealer as Chief Financial Officer, effective July 3, 2025. Bealer, currently SVP of Finance, joined the company in April 2025 and brings 23 years of experience, including leadership roles at Reckitt and Whirlpool. His base salary will be $500,000 with eligibility for bonuses and long-term incentives.
Also on May 23, 2025, the board amended the Executive Severance Plan, increasing severance multipliers for top executives in the event of a Change in Control. The CEO will now receive 3× and the CFO, CLO, and CHRO 2× their base salary, target bonus, and one year of COBRA cost coverage upon a qualifying termination.