TreeHouse Foods, Inc. announced today that Robert B. Aiken, Jr., 54, has been appointed President and Chief Operating Officer of TreeHouse, effective July 10, 2017.
Most recently, Mr. Aiken served as President and Chief Executive Officer of Essendant Inc., a $5.4 billion value-added wholesaler of workplace products where he has been driving a business transformation. Previously, he was President and Chief Executive Officer of US Foods, one of the largest foodservice distribution companies in the United States which, at the time, had revenues of $18 billion and over 25,000 employees.
Mr. Aiken will assume the president’s role from Dennis F. Riordan, who had previously announced his retirement. Mr. Riordan will remain with the Company and move to a Senior Advisor role to facilitate a smooth transition of his responsibilities.
“Bob has a unique food industry background, having been both a customer – as the CEO of US Foods – and a food manufacturer – as President and Chief Executive Officer of Metz Baking Company,” said Sam K. Reed, Chairman and Chief Executive Officer of TreeHouse Foods. “I’ve known Bob for many years and am confident that his background, insight and public company experience will prove instrumental as we complete the integration of the Private Brands business. Bob has a clear track record of driving margin expansion through a relentless focus on productivity and cost improvement in the face of industry change, and I am delighted to welcome him to the TreeHouse family.”
“TreeHouse is an exceptional organization perfectly positioned to capitalize on the growth of private label,” said Mr. Aiken. “The success TreeHouse has experienced to-date with the integration of the Private Brands business has laid the groundwork for future optimization. I see significant untapped potential to simplify our operations, streamline our presence and improve our profitability. We have tremendous opportunity here, and I am excited to be a part of it.”
Prior to Essendant, Mr. Aiken served as the Chief Executive Officer of Feeding America, a domestic hunger relief organization that provides over 3.6 billion meals per year to 46 million Americans through partnerships with leading grocers, food manufacturers and distributors. From 2004-2010, Mr. Aiken was with US Foods, where he led efforts to drive more than $1.2 billion of private label sales growth and significant profitability improvement through reorganization, information technology consolidation and cost reduction. In 2006, Mr. Aiken was appointed President and CEO of US Foods. Previously, he served as President and Chief Executive Officer of Metz Baking Company, a subsidiary of Specialty Foods Corporation.
Mr. Aiken holds his Bachelor of Science in Business Administration from Georgetown University and his Juris Doctor from Georgetown University Law Center in Washington D.C.
Source: Treehouse Foods
A cultured meatball containing the extinct mammoth’s myoglobin protein demonstrates the potential power of cell-based meat and was specially developed “to make consumers think about where their food comes from,” according to the chief scientists behind the prehistoric project.
If the proposal is passed by parliament, companies in Italy will not be allowed to produce food or feed “from cell cultures or tissues derived from vertebrate animals,” the bill seen by Reuters stated. A breach of the rules could result in fines of up to €60,000.
Diageo has announced that Sir Ivan Menezes is retiring as chief executive officer and member of the company’s board on 30 June. Menezes will be succeeded by Debra Crew – currently COO at the drinks giant – who will take up the post on 1 July, becoming the company’s first female CEO.