George E. Deese, executive chairman of the board of Flowers Foods (NYSE: FLO), rang the closing bell at the New York Stock Exchange to end trading on March 20. Deese, who will celebrate his 50th anniversary with the company in June; Allen L. Shiver, president and CEO; and other Flowers executives hosted the company’s annual Analysts Event at the Stock Exchange earlier that day.
During the meeting, Flowers executives provided an update on the company’s strong growth opportunities, which will be driven by integration of recent acquisitions, market expansion, new products, and future acquisitions. “Our commitment over decades to investing in our bakeries, improving efficiencies, building strong brands, and delivering quality and the best customer service continues to help us grow our business and build value for shareholders over the long-term,” Shiver said.
In closing the meeting, Deese noted that in addition to strong brands and proven strategies, the company’s most important strength is its unique culture, which traces its roots back to the company’s beginnings in Thomasville in 1919.
“From coast to coast, thousands of Flowers team members embody a culture centered on respecting, appreciating, and offering opportunities for team members and encouraging a sense of belonging through team spirit,” he said. “Our people are our No. 1 asset, and they are responsible for all that our company has achieved over these many years.”