B&G Foods Hires William F. Herbes as Executive Vice President of Operations
08 8월 2009 - 5:01AM
Business Wire
B&G Foods, Inc. (NYSE: BGS, BGF), a manufacturer and
distributor of high quality, shelf-stable foods, announced today
that it has hired William F. Herbes as Executive Vice President of
Operations. Effective immediately, Mr. Herbes will assume
responsibility for the supply chain portion of the Company’s
operations department, including all logistics, purchasing and
planning functions, and co-packer manufacturing. Upon the scheduled
retirement in 2010 of James H. Brown, the Company’s Executive Vice
President of Manufacturing, Mr. Herbes will also assume
responsibility for the Company’s internal manufacturing
operations.
“We are very pleased that Bill has joined the B&G Foods
team. He brings extensive operations experience and skills to our
company,” stated David L. Wenner, President and Chief Executive
Officer of B&G Foods. “Bill’s priorities include reducing cost
in manufacturing, streamlining our logistical systems and reducing
working capital needs. The timing of his hire provides ample time
for a smooth and thorough transition.”
Mr. Herbes has twenty-four years experience in operations and
supply chain management at Warner Lambert and its successor
companies, Pfizer and Cadbury Schweppes. Most recently, Mr. Herbes
served as Senior Vice President, Global Supply Chain at Cadbury
Schweppes and has also worked with leading consumer packaged goods
companies as an independent consultant.
B&G Foods also announced that it has created a new
executive-level position of Chief Compliance Officer.
Scott E. Lerner, the Company’s Executive Vice President,
General Counsel and Secretary, has been appointed to this position
effective immediately. In this new capacity, Mr. Lerner, who will
retain his current responsibilities, will now also be responsible
for developing, maintaining and overseeing the Company’s compliance
and ethics program and will chair a newly-established compliance
and ethics committee comprised of senior management-level employees
representing the Company’s various business functions.
Mr. Wenner stated that, “The creation of this executive-level
position underscores the commitment and the absolute priority that
B&G Foods places on our core values of honesty, integrity,
accountability and compliance with the law. I am very pleased that
Scott has accepted this new and critical role. We believe that
developing a formal compliance and ethics program that is
centralized and integrated across all of our business functions is
of vital importance to our growth strategy and future success.”
Mr. Lerner joined B&G Foods in 2005 as Vice President,
General Counsel and Secretary and was promoted to Executive Vice
President in 2006. Before joining B&G Foods, Mr. Lerner was an
associate at the international law firm Dechert LLP, where he was
an associate in the corporate and securities and mergers and
acquisitions practice groups from 1997 to 2005.
About B&G Foods, Inc.
B&G Foods and its subsidiaries manufacture, sell and
distribute a diversified portfolio of high-quality, shelf-stable
foods across the United States, Canada and Puerto Rico. B&G
Foods’ products include hot cereals, fruit spreads, canned
meats and beans, spices, seasonings, marinades, hot sauces, wine
vinegar, maple syrup, molasses, salad dressings, Mexican-style
sauces, taco shells and kits, salsas, pickles, peppers and other
specialty food products. B&G Foods competes in the retail
grocery, food service, specialty, private label, club and mass
merchandiser channels of distribution. Based in Parsippany, New
Jersey, B&G Foods’ products are marketed under many recognized
brands, including Ac’cent, B&G, B&M, Brer Rabbit, Cream of
Rice, Cream of Wheat, Emeril’s, Grandma’s Molasses, Joan of Arc,
Las Palmas, Maple Grove Farms of Vermont, Ortega, Polaner, Red
Devil, Regina, Sa-són, Trappey’s, Underwood, Vermont Maid and
Wright’s.
Forward-Looking Statements
Statements in this press release that are not statements of
historical or current fact constitute “forward-looking statements.”
Such forward-looking statements involve known and unknown risks,
uncertainties and other unknown factors that could cause the actual
results of B&G Foods to be materially different from the
historical results or from any future results expressed or implied
by such forward-looking statements. In addition to statements that
explicitly describe such risks and uncertainties readers are urged
to consider statements labeled with the terms “believes,” “belief,”
“expects,” “intends,” “anticipates” or “plans” to be uncertain and
forward-looking. The forward-looking statements contained herein
are also subject generally to other risks and uncertainties that
are described from time to time in B&G Foods’ filings with the
Securities and Exchange Commission, including under Item 1A, “Risk
Factors” in the Company’s Annual Report on Form 10-K for fiscal
2008 filed on March 5, 2009. We undertake no obligation to publicly
update or revise any forward-looking statement, whether as a result
of new information, future events or otherwise.
B&G Foods (NYSE:BGF)
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