THOMASVILLE, Ga., July 27, 2017 /PRNewswire/ -- Flowers
Foods (NYSE: FLO) announced today the promotion of J.T. Rieck, vice president of investor
relations and financial analysis, to the additional role of treasurer. In this role, Rieck oversees Flowers' banking and credit
agency relations, cash management and forecasting, treasury policies, capital structure, and strategic research, while continuing
his investor relations and financial analysis duties.
"In the investor relations role, J.T. has developed a deep understanding of the business, and used that knowledge to
effectively serve shareholders and analysts," said Steve Kinsey, executive vice president and CFO.
As treasurer, we are confident J.T.'s skills will not only enhance our banking, lending, and credit agency relationships, but
also inform our strategic capital allocation decisions to drive value creation."
Rieck joined Flowers as managing director of investor relations and financial analysis in 2014 and was promoted to vice
president of investor relations in 2016. He previously worked as a tax attorney in private practice and was director of research
and a senior analyst at an investment advisory firm. He holds a juris doctorate degree from the University
of Houston Law Center and is a member of the State Bar of Texas. Rieck earned a
bachelor's degree in business administration in accounting and finance from the University of
Richmond in Va.
About Flowers Foods
Headquartered in Thomasville, Ga., Flowers Foods, Inc. (NYSE: FLO) is one of the
largest producers of fresh packaged bakery foods in the United States with 2016 sales of
$3.9 billion. Flowers operates bakeries across the country that produce a wide range of bakery
products. Among the company's top brands are Nature's Own, Wonder, Tastykake, and Dave's Killer
Bread. Learn more at www.flowersfoods.com.
Forward-Looking Statements
Statements contained in this press release that are not historical facts are forward-looking statements.
Forward-looking statements relate to current expectations regarding our future financial condition, performance and results of
operations, planned capital expenditures, long-term objectives of management, supply and demand, pricing trends and market
forces, and integration plans and expected benefits of transactions and are often identified by the use of words and phrases such
as "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "predict," "project," "should,"
"will," "would," "is likely to," "is expected to" or "will continue," or the negative of these terms or other comparable
terminology. All forward-looking statements are subject to risks and uncertainties that could cause actual results to differ from
those projected. Other factors that may cause actual results to differ from the forward-looking statements contained in this
release and that may affect the company's prospects in general include, but are not limited to (a) competitive conditions in the
baked foods industry, including promotional and price competition, (b) changes in consumer demand for our products, including
changes in consumer behavior, trends and preferences, including health and whole grain trends, and the movement toward more
inexpensive store-branded products, (c) the success of productivity improvements and new product introductions, (d) a significant
reduction in business with any of our major customers including a reduction from adverse developments in any of our customer's
business, (e) fluctuations in commodity pricing, (f) energy and raw material costs and availability and hedging and counterparty
risk, (g) our ability to fully integrate recent acquisitions into our business, (h) our ability to achieve cash flow from capital
expenditures and acquisitions and the availability of new acquisitions that build shareholder value; (i) consolidation within the
baking industry and related industries; (j) disruptions in our direct-store delivery system, including litigation or an adverse
ruling from a court or regulatory or government body that could affect the independent contractor classification of our
independent distributors, and (k) the failure of our information technology systems to perform adequately, including any
interruptions, intrusions or security breaches of such systems. The foregoing list of important factors does not include all such
factors, nor necessarily present them in order of importance. In addition, you should consult other disclosures made by the
company, including the risk factors included in our most recently filed Annual Report on Form 10-K and Quarterly Report on Form
10-Q filed with the Securities and Exchange Commission ("SEC") and disclosures made in other filings with the SEC and company
press releases, for other factors that may cause actual results to differ materially from those projected by the company. We
caution you not to place undue reliance on forward-looking statements, as they speak only as of the date made and are inherently
uncertain. The company undertakes no obligation to publicly revise or update such statements, except as required by law.
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SOURCE Flowers Foods, Inc.