Smolyansky Family Moves to Overhaul Lifeway Foods Board, Aiming for Transparency and Shareholder Value

Reuters

07-02

Smolyansky Family Moves to Overhaul Lifeway Foods Board, Aiming for Transparency and Shareholder Value

Lifeway Foods Inc. has announced management changes following a definitive consent statement filed by shareholders Edward and Ludmila Smolyansky. The statement aims to remove the current board of directors, including CEO and Chair Julie Smolyansky, and elect a new board focused on enhancing shareholder value. The proposed changes include electing seven new board nominees with expertise in governance and consumer products.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lifeway Foods Inc. published the original content used to generate this news brief via PR Newswire (Ref. ID: FL23093) on July 02, 2025, and is solely responsible for the information contained therein.

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The statement aims to remove the current board of directors, including CEO and Chair Julie Smolyansky, and elect a new board focused on enhancing shareholder value. The proposed changes include electing seven new board nominees with expertise in governance and consumer products.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Lifeway Foods Inc. published the original content used to generate this news brief via PR Newswire (Ref. 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