date:May 20, 2013
. Mr. Deese will assume the role of executive chairman at that time.
Commenting on the quarter, Mr. Deese noted the completion by Flowers of its acquisition of the Sara Lee fresh baked foods brands in California, progress in the 2012 acquisition of Lepage Bakeries in New England, the closing of a new term loan and amended credit agreement in anticipation of pending acquisitions.
In a discussion of macro baking industry issues, Mr. Shiver said Flowers has been performing well in a very difficul