Armanino Foods (AMNF) announces Chairman retirement

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Armanino Foods of Distinction, Inc. Doug Nichols to Retire as Chairman of Armanino Foods

June 26, 2025 5:03 PM EDT

HAYWARD, Calif.--(BUSINESS WIRE)-- Armanino Foods of Distinction, Inc. (OTCQX: AMNF) today announced that Doug Nichols, longtime Director and Chairman of the Board, will retire effective August 15, 2025. Mr. Nichols has been a shareholder since 1992, a Board member since 2001, and has served as Chairman since 2009, succeeding Company founder William J. Armanino.

During Mr. Nichols 24-year tenure on the Board, Armanino Foods delivered a total shareholder return of over 12,200% including dividends and dividends reinvested, representing a compound annual growth rate of 22%. Mr. Nichols was primarily responsible for initiating the Companys quarterly dividend program,... More