B&G Foods CEO David Wenner To Retire In December

(RTTNews) - B&G Foods Inc (BGS) said Friday that David Wenner plans to retire as president and chief executive officer in December 2014, following the completion of a process to choose his successor.

Wenner's retirement will bring to a close a career of more than 25 years of service to B&G Foods, including more than 21 years of leadership as president and CEO, the company said. Following his retirement, it is expected that Wenner will remain on the company's board.

The board has appointed a special committee to direct the transition process. The committee is chaired by Alfred Poe, chairman of the Compensation Committee, and also includes Cynthia Jamison, chairman of the Audit Committee, and Dennis Mullen, chairman of the Nominating and Governance Committee.

The special committee is working with Herbert Mines Associates, an executive recruiting firm, and will consider both internal and external candidates, the company said.