Lamb Weston(LW)

Leader

World's largest frozen French fry producer; $6.3B FY2024 revenue; CEO transition 2024; QSR traffic softening (McDonald's volume reduction) creating excess capacity pressure; NYSE: LW.

Company Overview

About Lamb Weston

Lamb Weston Holdings is the world's largest producer of frozen potato products—primarily French fries and potato appetizers—spun off from ConAgra Brands in November 2016 and headquartered in Eagle, Idaho, trading on NYSE (LW). The company generated approximately $6.3 billion in revenues for fiscal year 2024 (ending May 2024) under a leadership transition: longtime CEO Tom Werner departed in 2024, succeeded by Michael Smith, as the company navigated a challenging volume environment driven by softening quick-service restaurant traffic, higher consumer out-of-pocket costs, and the resulting reduction in restaurant French fry orders from major customers including McDonald's and Burger King. Lamb Weston supplies frozen potato products to foodservice operators, retail grocery chains, and food manufacturers across North America, Europe, Asia Pacific, and the Americas.

Business Model & Competitive Advantage

Lamb Weston's competitive position rests on its deep integration with QSR supply chains and its scale manufacturing advantage: the company operates 26 manufacturing facilities globally with annual capacity exceeding 9 billion pounds of potato processing, enabling consistent supply quality and product specifications that major chain restaurants require for standardized menu items across thousands of locations. Product innovation—including specialty fries (waffle, crinkle-cut, steak, sweet potato), appetizer bits, and value-added seasoned varieties—supports premium pricing above commodity round fries. The company's European operations, bolstered by acquisitions of Meijer Frozen Foods (Netherlands) and the Lamb Weston/Meijer joint venture, provide supply chain proximity to European QSR customers.

Competitive Landscape 2025–2026

In 2025-2026, Lamb Weston faces near-term demand headwinds as QSR traffic normalization continues following pandemic-era peaks—McDonald's reported declining U.S. same-store sales through much of 2024, directly impacting French fry purchase volumes. Excess industry capacity—built during 2021-2023 when processing expansion appeared conservative given demand strength—creates pricing pressure as multiple suppliers including McCain Foods and Simplot compete for the same reduced order volumes. Lamb Weston's cost structure, including energy-intensive cooking oil and natural gas for processing, and potato commodity input prices, create margin sensitivity to agricultural and energy markets. Recovery of QSR traffic in 2025-2026 and potential GLP-1 drug impact on consumer eating habits are the primary demand variables for the frozen potato sector.

Founded
1950
Headquarters
Weston, Oregon
Revenue
$6300M
Curated content • Fact-checked and verified

The Lamb Weston Story

Founded in 1950
Weston, Oregon
Founded by F. Gilbert "Gib" Lamb

Founders

F. Gilbert "Gib" Lamb
Loading News...

Company Timeline

Major milestones in Lamb Weston's journey

15
Total Events
0
Funding Rounds
4
Acquisitions
1
Product Launches
Loading Culture...

Leadership Team

Meet the leaders behind Lamb Weston

Michael J. Smith

President and Chief Executive Officer

Mike Smith was appointed President and Chief Executive Officer and joined the Board of Directors effective January 3, 2025. Prior to this role, he served as Chief Operating Officer where he oversaw Lamb Weston's global end-to-end operations. Smith joined Lamb Weston in 2007 and has been with the company for 17 years, bringing deep operational expertise and institutional knowledge to his leadership of the organization.

Bernadette Madarieta

Senior Vice President and Chief Financial Officer

Bernadette Madarieta was named Chief Financial Officer in August 2021 and continues to lead the company's financial strategy, planning, and operations. She oversees all financial reporting, investor relations, treasury, tax, and accounting functions for Lamb Weston.

Eryk J. Spytek

Senior Vice President, General Counsel and Chief Compliance Officer

Eryk Spytek joined Lamb Weston in October 2016 as General Counsel and serves as the company's chief legal officer and compliance leader. He oversees all legal matters, regulatory compliance, corporate governance, and risk management for the organization.

Mike Crowley

President, North America

Mike Crowley was named President, North America in January 2025 and is responsible for all Lamb Weston commercial channels in North America, including Foodservice, Retail, and Multi-National Chains. He leads the company's largest geographic market representing roughly two-thirds of total revenue.

Sylvia Wilks

Chief Supply Chain Officer

Sylvia Wilks was named Chief Supply Chain Officer in August 2024, responsible for overseeing Lamb Weston's global supply chain operations, manufacturing network, procurement, and logistics operations across the company's production facilities worldwide.

Steven Younes

Chief Human Resources Officer

Steven Younes was appointed Chief Human Resources Officer in January 2022, leading talent strategy, organizational development, compensation and benefits, and employee engagement initiatives across Lamb Weston's global workforce of approximately 10,000 employees.

Benjamin Heselton

Chief Information Officer

Benjamin (Ben) Heselton joined Lamb Weston as Chief Information Officer in May 2025, responsible for leading the company's technology strategy, digital transformation initiatives, and information systems across global operations.

Open Positions

Reddit Discussions

Loading Competitive Intelligence...

Key Differentiators

Market Leader

Lamb Weston is recognized as a market leader in the Consumer Goods sector, demonstrating strong industry presence and customer trust.

Enterprise Scale

With $6300M in revenue, Lamb Weston operates at enterprise scale with proven market validation.

Frequently Asked Questions

Not So Random Others

Altria

Consumer Goods
B2cManufacturingNorth AmericaPublicFortune500

Altria Group, Inc. is a Richmond, Virginia-based tobacco and nicotine company — publicly traded on the New York Stock Exchange (NYSE: MO) as an S&P 500 Consumer Staples component — manufacturing and s

Hermes Robotics

Manufacturing
B2bHardwareManufacturingAi PoweredAutomationStartup

Hermes Robotics is an autonomous mobile robot (AMR) and warehouse automation company developing robots and software for logistics and fulfillment operations in warehouses, distribution centers, and ma

Brisk

Consumer Food & Beverage
B2cManufacturingNorth AmericaFortune500

Brisk is a functional beverage brand offering ready-to-drink iced tea and juice drinks, jointly owned by PepsiCo and Unilever under the Lipton brand partnership. Launched in the 1990s, Brisk positione

Bucket Robotics

Manufacturing
B2bHardwareManufacturingAi PoweredAutomationStartup

Bucket Robotics is an autonomous mobile robot (AMR) company that designs modular, rapidly deployable robots for warehouse automation and industrial material handling. Unlike traditional warehouse auto

Dusty Robotics

Infrastructure
B2bPlatformManufacturing

Dusty Robotics is a Mountain View, California-based construction robotics company — backed with $69.5 million in total funding from Root Ventures, Scale Venture Partners, Canaan Partners, GRIDS Capita

Duckie

Infrastructure
B2bPlatformAi PoweredAutomation

Duckie is a San Francisco-based AI customer support platform — backed by Y Combinator (W24) with $500,000 in funding from Y Combinator, Andreessen Horowitz, Greylock, KungHo Fund, Netflix, and 5 addit

Compare Lamb Weston with Competitors

Side-by-side AI visibility scores, platform breakdown, and market position.

For Lamb Weston

Claim This Profile

Are you from Lamb Weston? Claim your profile to see full AI mention excerpts, get weekly visibility change alerts, and optimize how AI systems describe your brand.

Claim Lamb Weston Profile →
For competitors & analysts

Track AI Visibility in Real Time

Monitor how ChatGPT, Gemini, Perplexity, and Claude mention Lamb Weston vs competitors. Get alerts when AI recommendations shift.

Start Free Tracking →