Ocean Spray CEO Tom Hayes to Retire in 2026
Veteran food industry executive will step down after more than five years leading the farmer-owned cooperative
After more than five impactful years, Ocean Spray Cranberries, Inc. president and chief executive officer Tom Hayes announced his retirement, which will be effective March 2, 2026.
"Tom joined Ocean Spray during a global pandemic, and from day one brought veteran leadership and experience, a clear commitment to excellence, and a new strategic direction that has us well-positioned for the next chapter at our company," noted Peter Dhillon, chairman of the board. "More than just business performance, his legacy is the team he shaped—leaders and employees united in their commitment to the farmer-owners that make up this historic brand and cooperative."
During Hayes' five-year tenure, Ocean Spray has grown and thrived as a result of improved processes and efficiencies, smart capital investments, and year-over-year solid results. His leadership has ensured the Ocean Spray brand remains competitive, agile and innovative.
Prior to joining Ocean Spray, for more than 30 years Hayes was already a recognized innovator and executive in the food industry, leading some of the world's most well-known brands, including Tyson Foods, Hillshire Brands, Sara Lee, ConAgra and Kraft Foods. He currently sits on the boards of Maple Leaf Foods and Basic American Foods.
The cooperative has begun a comprehensive search for its next leader. Hayes will remain in an advisory capacity to the Ocean Spray board of directors until a successor is named.
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