Schulte Roth & Zabel represented JANA Partners in its agreement with Lamb Weston Holdings, Inc., a leading global producer of frozen potato products and fries, under which Lamb Weston agreed to appoint six new independent directors to its board, including Scott Ostfeld, Managing Partner and Portfolio Manager at JANA Partners, and to accept the resignations of four incumbent directors.

The Schulte team advising JANA Partners was led by partners Ele Klein, chair of the Global Shareholder Activism Group, and Brandon Gold, along with special counsel Daniel Goldstein, and included associates Samuel Dayan and Sarah Reichek.