Activist Investor Jana Set to Nominate Two to TreeHouse Foods Board
- Activist investor has been pushing for review, potential sale
- Nominees to include former AdvancePierre, Domino’s executives
Barry Rosenstein, founder and managing partner of Jana Partners.
Photographer: Andrew Harrer/Bloomberg
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Activist investor Jana Partners is prepared to nominate at least two directors to the board of TreeHouse Foods Inc. as the company continues its strategic review, according to people familiar with the matter.
The New York-based investment firm, which owns a 9.4% stake in the company, has lined up two potential director nominees, the people said, asking not to be identified because the matter is private.