DALLAS, March 2, 2016 /PRNewswire/ -- Dean Foods Company
(NYSE: DF) today announced that director Hector M. Nevares notified the Company of his
decision not to stand for re-election to the Board of Directors at
the 2016 Annual Meeting of Stockholders. He plans to retire
from the Board effective upon the expiration of his current term at
the 2016 Annual Meeting.
"Hector has been instrumental in providing strategic advice,
business expertise and oversight on behalf of our shareholders for
over 20 years," said Gregg Tanner,
Chief Executive Officer. "In addition, his extensive knowledge of
the dairy industry has helped guide Dean Foods through significant
changes over the years. I'm sure I speak for all employees
when I say that we sincerely thank him for his service and
leadership," concluded Tanner.
"On behalf of the Company and my fellow directors, I thank
Hector for his guidance and valuable contributions to Dean
Foods. We wish him and his family the very best," said
Jim Turner, Non-Executive Chairman
of the Board.
Mr. Nevares, age 65, joined the Dean Foods Board of Directors in
1994 and served as a vice chairman of the Board from 1996 until
2001. He is currently a member of, and until his retirement will
continue to serve on, the Board's Audit Committee and
Nominating/Corporate Governance Committee.
About Dean Foods
Dean Foods® is a leading
food and beverage company and the largest processor and
direct-to-store distributor of fresh fluid milk and other dairy and
dairy case products in the United
States. Headquartered in Dallas,
Texas, the Dean Foods portfolio includes
DairyPure®, the country's first and largest fresh, white
milk national brand, and TruMoo®, the leading national
flavored milk brand, along with well-known regional dairy brands
such as Alta Dena®,
Berkeley Farms®, Country Fresh®,
Dean's®, Garelick Farms®, LAND O
LAKES®* milk and cultured products*, Lehigh Valley Dairy
Farms®, Mayfield®, McArthur®,
Meadow Gold®, Oak Farms®, PET®**,
T.G. Lee®,
Tuscan® and more. In all, Dean Foods has more than 50
national, regional and local dairy brands and private labels. Dean
Foods also makes and distributes ice cream, cultured products,
juices, teas, and bottled water. Almost 17,000 employees across the
country work every day to make Dean Foods the most admired and
trusted provider of wholesome, great-tasting dairy products at
every occasion. For more information about Dean Foods and its
brands, visit www.deanfoods.com.
* The LAND O LAKES brand is owned by Land O'Lakes, Inc. and is
used by license.
** PET is a trademark of The J.M. Smucker Company and is used by
license.
CONTACT: Corporate Communications, Jamaison Schuler, +1-214-721-7766; or Investor
Relations, Sherri Baker,
+1-214-303-3438
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SOURCE Dean Foods Company