US egg supplier Cal-Maine Foods has announced its chief financial officer Timothy Dawson will retire from the role at its annual meeting in October.

The company further revealed Max Bowman will join Cal-Maine as vice president of finance, effective 25 June. Bowman will become CFO following Dawson’s retirement.

The Jackson, Mississippi-based firm made the announcement just two months after it named a new president and chief operating officer in the shape of Sherman Miller.

Commenting on the latest news, Cal-Maine chairman and CEO Dolph Baker said: “Tim Dawson has played an important strategic role in the success of Cal-Maine Foods since he joined the company in 2005. 

“During this period, the company has enjoyed significant growth, both organically and through acquisitions, all under Tim’s capable financial leadership. We appreciate his hard work and dedicated service to the company, and we wish him all the best in his retirement.”

His replacement, Bowman, is currently chief financial officer, vice president and secretary of Southern States Utility Trailer Sales and H&P Leasing in Richland, Mississippi.

Baker added: “We are very pleased to have Max Bowman join our senior management team. He has extensive experience in directing accounting, finance, acquisitions, business development and risk management with a history of strong performance.”