Simply Good Foods Grants CEO Joseph Scalzo Option to Buy 2 Million Shares

Reuters01-26

Simply Good Foods Grants CEO Joseph Scalzo Option to Buy 2 Million Shares

The Simply Good Foods Company has announced that Joseph E. Scalzo has joined as President and Chief Executive Officer, effective January 19, 2026. As part of his employment agreement, Mr. Scalzo received a stock option to purchase 2,000,000 shares of the company’s common stock at the fair market value on the grant date. The option has an eight-year term and vests over three years, with approximately one-third vesting each year on the anniversary of his start date, contingent on his continued employment or certain employment termination events as outlined in his agreement.

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. Simply Good Foods Company published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 9631185) on January 23, 2026, and is solely responsible for the information contained therein.

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