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

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