This just in:
Whole Foods plans to replace half of its board
May. 10, 2017 1:50 PM • SA Editor Clark Schultz
Whole Foods Market (WFM -0.2%) plans to replace half of its board of directors, according to a report from The Wall Street Journal.
Sources indicate that the changes are not part of a settlement with Jana Partners.
The story is still developing.
Updated: Whole Foods is expected to make the changes over the course of the next year and name a new Chairman. The grocery store operator reports earnings after the bell.