Lifeway Foods Faces Shareholder Revolt Over Governance and Leadership

Reuters12-03

Lifeway Foods Faces Shareholder Revolt Over Governance and Leadership

Edward Smolyansky, the largest individual shareholder of Lifeway Foods Inc., has issued a public statement challenging recent communications from the company's Board ahead of the 2025 Annual Meeting. Edward Smolyansky criticized the Board for what he described as misleading and false statements regarding dissident nominees, and cited ongoing concerns over governance failures and leadership issues under CEO Julie Smolyansky. He has notified the company of his intention to nominate himself and George Sent for election as directors at the upcoming meeting. Edward Smolyansky has also requested a retraction from the company and is considering legal options. Shareholders have been encouraged to review the forthcoming Shareholder Proxy Statement and related SEC filings for further information.

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: CG38122) on December 03, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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