The Board of Directors of Lancaster Colony Corporation has appointed David A. Ciesinski as CEO and principal executive officer effective July 1, 2017.
Mr. Ciesinski will also join the Company’s Board of Directors effective that same date. John B. (“Jay”) Gerlach, Jr., the Company’s current CEO, will continue his employment and retain his role as Lancaster Colony’s Executive Chairman.
Mr. Ciesinski has served as Lancaster Colony’s President and Chief Operating Officer since joining the Company in April 2016. He is a veteran of the packaged foods industry with a background that includes executive leadership positions at H.J. Heinz Company and Kraft Foods Group, Inc. Mr. Ciesinski is a graduate of the United States Military Academy, West Point, and has also earned a Master’s Degree from the Tepper School of Business at Carnegie Mellon University.
“I am honored by this appointment to succeed Jay Gerlach as CEO and appreciate the legacy of strong leadership he has provided the Company over the past 41 years, including 20 years as CEO. During his tenure, Jay has successfully transformed Lancaster Colony from a diversified manufacturer to a growing food business,” said Mr. Ciesinski. “I’m incredibly excited about this new opportunity to extend my work with the great team of very talented people here at Lancaster Colony. We look forward to continuing our commitment to be The Better Food Company through the acceleration of our base business, simplification of our supply chain and added growth from good-fitting acquisitions.”
Mr. Gerlach commented, “Dave’s efforts over the past year as our President and Chief Operating Officer have touched all aspects of our business, most notably strengthening our management team, executing the Angelic Bakehouse acquisition and developing our long-term growth strategy. We are confident Dave is the right person to lead our business into the future.”
Source: Lancaster Colony
Schumacher will replace Alan Jope, who announced his decision to retire last September, less than a year after a failed attempt by Unilever to buy GlaxoSmithKline’s consumer healthcare business and just months after activist investor Nelson Peltz joined the company’s board.
Globally, plant-based ice creams have doubled their share of the market over the last five years, according to Tetra Pack. Pea protein and coconut milk are leading the way, but Tetra Pak cites data showing that oat-based ice cream launches have doubled in the previous year.
A myriad of so-called eco-labels are being rolled out across various F&B products, but with no gold standard or strict rules governing precisely what the logos mean and what methodology is behind them, concerns are growing that they will confuse consumers and ultimately be counterproductive.