Unknown Analyst

The conference this year for the first time. Lamb Weston, a leading supplier of frozen potato products to restaurants and retailers globally, is nearing the 1-year anniversary of beginning to execute against a redefined strategy under new leadership with a sharper focus on customers and returns.

CFO, Jim Gray, joined the company just over a month ago, bringing his financial discipline and focus on driving sustained profitable growth to enhance Lamb Weston's execution against its strategy. We're pleased to have Jim here to share his initial thoughts since joining Lamb Weston and discuss this company's strategic priorities. Thanks for being here.

James Gray
Chief Financial Officer

Glad to be here. This is one of the first conferences we've done in a long, long time. So actually, really, really appreciate the invite.

Unknown Analyst

Well, we're thrilled that it's here at Farm to Market. Maybe where I would start is just having just joined Lamb Weston, what attracted you to the company? We'll start there.

James Gray
Chief Financial Officer

Well, I think, one, when you look at Lamb and the amazing franchise and the history it's had since the spin from Conagra, I always thought that like there's just got to be inherent value in the company and kind of started doing my homework.

And then maybe other than Soda Pop and energy drinks, the ability for the value creation along the entire supply chain, right, from the consumer, what is the foodservice operator, what does the retailer make? What does the processor make and what does the farmer make? It's just one of those rare supply chains, which offers enormous economic return to kind of