Sector News

Dean Foods appoints Jody Macedonio as its new CFO

January 11, 2018
Consumer Packaged Goods

Dean Foods Company has announced that Jody Macedonio will be appointed as the company’s new chief financial officer and executive vice-president, effective from 26 February.

Macedonio will join the company from Henkel AG, where she acted as the senior vice-president of finance for the North America Laundry and Beauty Divisions of the company.

In her most recent role, Macedonio served as the chief financial officer and vice-president, finance for the North Business Unit of PepsiCo’s Frito-Lay. She also has previous finance experience at Nestlé, SmithKline Beecham and Chemical Bank.

Macedonio said: “I am very excited to join Dean Foods. I believe the potential to drive growth through value creation is excellent given the strength of both the private label and brand portfolios, which will also benefit from the cost productivity agenda already underway.

“I look forward to partnering with the team to build the business, and to be part of the next phase of the journey.”

Ralph Scozzafava, the chief executive officer of Dean Foods added: “We are very excited to have an executive of Jody’s calibre join our management team.

“With deep financial and operating experience in food and consumer packaged goods – including proven success in driving significant financial improvement and sustainable business performance – Jody will contribute immediately to Dean Foods,”

“Her expertise will be instrumental in our continued focus on winning in private label, building and buying strong brands, and driving our cost productivity agenda.”

Source: FoodBev

comments closed

Related News

February 17, 2024

Chocolate prices likely to remain at a record high for 2024

Consumer Packaged Goods

A report from ingredients supplier Henley Bridge has warned that cocoa price increases of 15-20% for the first half of 2024 might continue into the second half of the year. Despite growth in global cocoa supply in 2021, unfavourable weather conditions and demand from emerging markets have led to supply deficits.

February 17, 2024

DSM-Firmenich to separate Animal Nutrition & Health business

Consumer Packaged Goods

By carving out the ANH business, DSM-Firmenich would focus fully on its Perfumery & Beauty; Taste, Texture & Health; and Health, Nutrition & Care divisions. Full focus on these businesses is expected to enhance commercial potential and synergies, supporting “consistent growth outlook alongside robust margins”.

February 17, 2024

Cargill expands partnership with foodtech company Enough

Consumer Packaged Goods

Cargill and Enough are expanding their partnership to further develop nutritious and sustainable alternative meat and dairy solutions. Cargill has signed a commercial agreement to use and market Enough’s Abunda protein and has also invested in the company’s Series C growth funding round.

How can we help you?

We're easy to reach