2-22 news: Lopez Foods announces retirement of chairman
The key transition is that of LFI Chairman John C. Lopez, who is retiring from the top leadership position he has held since 1992, when he and his wife Patricia took control of the manufacturing plant. Mr. Lopez will continue to provide his counsel as Chairman Emeritus of LFI's board of directors.
"The successful growth and profitability of a company lies squarely on the shoulders of its management," said Lopez. "Pat and I are proud of the influence we have had on establishing Lopez Foods as a leader in our industry, but it is time for us to pass the baton to those who are prepared to take the company to the next phase of its planned development."