JM Smucker has appointed two new directors to the board of the US food-and-beverage group after a deal with activist investor Elliott Investment Management. Shares in the Uncrustables and Folgers owner jumped in early trading today (26 February) after its agreement with Elliott was announced. David Singer, a former CEO of snacks group Snyder’s-Lance, and NRG Energy CFO Woo-Sung Chung (who is also known as Bruce), will join the JM Smucker board. The announcement came alongside a set of third-quarter res ...