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JM Smucker eliminates COO as part of leadership restructuring
J.M. Smucker is restructuring its leadership team by eliminating the chief operating officer position and creating a new chief technology officer role to focus on artificial intelligence. CEO Mark Smucker will also take on the title of president, with other executives expanding their responsibilities to drive growth and profitability. These changes come as the company seeks to enhance its food and beverage portfolio amidst a challenging economic environment.