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Press release from GlobeNewswire (a Nasdaq OMX company)

Diamond Foods Announces Results of Annual Meeting

Monday, January 14, 2013

Diamond Foods Announces Results of Annual Meeting14:15 EST Monday, January 14, 2013SAN FRANCISCO, Jan. 14, 2013 (GLOBE NEWSWIRE) -- Diamond Foods, Inc. (Nasdaq:DMND) today announced the results of voting at its annual meeting of stockholders, which was held today. At the meeting, stockholders approved all the proposals recommended by the Company's Board of Directors in its proxy statement dated December 10, 2012, including: The election of Alison Davis, Brian J. Driscoll and Nigel A. Rees as Class I directors to serve on the Company's Board of Directors until the 2015 annual meeting, and Robert M. Lea, Matthew C. Wilson and William L. Tos, Jr. to serve as Class II directors until the 2016 annual meeting;   The ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ended July 31, 2012;   Approving, on an advisory basis, the compensation paid to Company-named executive officers, known as the "Say-on-Pay" vote; and   Selecting, on an advisory basis, annual frequency for future Say-on-Pay votes. Diamond also confirmed that with the expiration of the terms of Directors Laurence M. Baer and Glen C. Warren, Jr., the size of its Board has now been reduced to nine members. Robert Zollars continues to serve as Diamond's Chairman of the Board, and, beginning today, the membership of the committees of the Board of Directors will be as follows: Audit Committee - Nigel Rees (Chair), Alison Davis and Dean Hollis   Compensation Committee - Alison Davis (Chair), Ed Blechschmidt and Robert Zollars   Nominating and Governance Committee - Ed Blechschmidt (Chair), Robert Zollars and Dean Hollis "I would like to thank Larry Baer and Glen Warren for their service to the Company as long-time Directors on our Board and express our appreciation for their leadership and expertise during their years of service," said Robert J. Zollars, Diamond's Chairman of the Board. The Diamond Foods Board of Directors also approved the continued appointment of the following executive officers of the Company: Andrew Burke David Colo Executive Vice President Executive Vice President Chief Marketing Officer Global Operations and Supply Chain     Lloyd Johnson Stephen Kim Executive Vice President Senior Vice President Chief Sales Officer General Counsel     Michael Murphy Linda Segre Interim Chief Financial Officer Senior Vice President   Corporate Strategy and Human ResourcesAbout Diamond Foods Diamond Foods is an innovative packaged food company focused on building and energizing brands including Kettle Brand® Chips, Emerald® snack nuts, Pop Secret® popcorn and Diamond of California® nuts. Diamond's products are distributed in a wide range of stores where snacks and culinary nuts are sold. For more information visit our corporate web site: The Diamond Foods, Inc. logo is available at Investors: Diamond Foods Linda Segre SVP, Corporate Strategy (415) 230-7952 Media: Sard Verbinnen & Co for Diamond Foods Lucy Neugart/Alyssa Linn (415) 618-8750