Lamb Weston Holdings, Inc. announced two leadership appointments intended to accelerate growth and drive long-term shareholder value.

The Lamb Weston board of directors has appointed Jan Craps executive chair, effective February 6.

Jan brings deep international experience to the newly created role, including more than 20 years with Anheuser-Busch InBev, most recently as the CEO and Co-Chair of Budweiser Brewing Company APAC, and CEO APAC for Anheuser-Busch InBev. Jan has shaped emerging and complex markets globally, managed strategic integrations and transformations, and has led and grown multibillion dollar consumer businesses across Europe, Canada, Australia and Asia. Jan began his career at McKinsey & Company.

At Lamb Weston, Jan will help unlock the company’s potential and performance, with a particular focus on board leadership, M&A, governance, oversight, international market execution, and the company’s long-term strategy alongside Mike Smith, president, CEO, and board member, and the company’s leadership team. With Jan’s appointment, Bradley (Brad) Alford will transition from chairman of the board to lead independent director.

James (Jim) D. Gray will join Lamb Weston as chief financial officer (CFO), effective April 2, succeeding Bernadette Madarieta, who will serve in an interim advisory capacity to ensure continuity across all financial functions during a transition period.

Jim has spent the last 12 years with Ingredion, a leading global ingredients solutions company, where he served as executive vice president and CFO. Jim began his career at Bain & Company and held finance leadership roles with PepsiCo for more than a decade.

“The experience and vision Jan and Jim bring to Lamb Weston will be critically important as we execute our Focus to Win strategy. I look forward to working closely with them as we prioritize markets and channels, strengthen customer partnerships, achieve executional excellence, and set the pace for innovation,” said Mike Smith, president and chief executive officer, Lamb Weston. “I would also like to thank Bernadette for her leadership as CFO the last five years and contributions to Lamb Weston since our spinoff nearly ten years ago. We wish her the very best.”