Simplot Strengthens Centralized Support and Strategic Oversight

Boise, Idaho - September 10, 2025 - Simplot has changed its company name and structure to align with its operating business groups by creating the Simplot Company, a new global parent holding company for all Simplot-affiliated companies. By aligning the overall organizational company structure with its business operations, Simplot can strengthen centralized support and oversight, enabling consistency and scalability across its expanding global footprint in food and agriculture.

Simplot has grown in recent years, expanding its geographic operating footprint, and increasing its workforce around the world. As Simplot continues to evolve within the dynamic food and agriculture industries, this restructure allows the organization to align its diverse business operations with long-term strategic planning objectives.

"We have experienced significant growth in recent years," said Garrett Lofto, President and CEO of the Simplot Company. "This change allows us to better support our businesses, remain agile and resilient, and ensure we are positioned for sustainable success in a complex international landscape."

This new structure provides a more efficient framework for managing Simplot's global footprint and supports long-term planning across all business units. For instance, all of Simplot's food division operations around the world are now held by Simplot Global Food Holdings, Inc. and Simplot's food operations in the U.S. operate as Simplot Global Food, LLC. Other operations will operate under new names or companies as well, while the Simplot Company will provide central support and oversight across all areas. This strategic move underscores Simplot's commitment to building a resilient and future-ready organization, capable of navigating the complexities of a global marketplace while remaining a privately-held Company.