Flowers Foods, Inc. (NYSE: FLO) announced that C. Martin Wood III will retire from the company's board of directors at the conclusion of his current term, following the 2025 annual meeting of shareholders. His decision not to stand for re-election was not due to any disagreement with the board or the company. As a result, the size of the board will be reduced from 12 to 11 members.

Additionally, on February 21, 2025, Flowers Foods completed its previously announced acquisition of Purposeful Foods Holdings, Inc., the parent company of Simple Mills, Inc., for $795 million in cash, subject to customary post-closing adjustments. Simple Mills, founded in 2012, is a leading natural brand known for its premium better-for-you crackers, cookies, snack bars, and baking mixes.