B&G Foods to Appoint Bruce C. Wacha as Chief Financial Officer
November 06 2017 - 5:35PM
Business Wire
B&G Foods, Inc. (NYSE:BGS) announced today that it will
appoint Executive Vice President of Corporate Strategy and Business
Development, Bruce C. Wacha, to Executive Vice President of Finance
and Chief Financial Officer, effective November 27, 2017. As Chief
Financial Officer, Mr. Wacha will oversee the Company’s finance
organization and be responsible for all financial and accounting
matters. He will also continue to oversee the Company’s corporate
strategy and business development, including mergers &
acquisitions, capital markets transactions and investor relations.
He will continue to serve on the Company’s executive
management team, reporting to President and Chief Executive
Officer, Robert C. Cantwell.
“Since joining our executive team in August, Bruce has
demonstrated excellent leadership skills, financial expertise and
an excellent work ethic,” stated Mr. Cantwell. “I’m delighted to
announce Bruce’s appointment to CFO. Bruce is an experienced and
talented executive and after working with Bruce the past few months
I am confident that he is the right person to lead our finance
organization and help us achieve our growth objectives.”
Mr. Wacha joined B&G Foods from Amira Nature Foods Ltd.
(NYSE: ANFI), where he spent three years as that company’s chief
financial officer and executive director of the board of directors.
Prior to joining Amira Nature Foods, Mr. Wacha spent more than
15 years in the financial services industry at Deutsche Bank
Securities, Merrill Lynch and Prudential Securities, where he
advised corporate clients across the food, beverage and consumer
products landscape. Mr. Wacha earned a bachelor of arts and a
master of business administration from Columbia University’s
Columbia College and Columbia Business School.
Current interim Chief Financial Officer, Amy Chiovari, will
continue in her role as Corporate Controller and assist with Mr.
Wacha’s transition to Chief Financial Officer. “I’d like to
sincerely thank Amy Chiovari for serving as our interim Chief
Financial Officer for the past eight months. We are very fortunate
to have someone of Amy’s caliber in our finance organization who
was able to step up when needed and lead our finance team during
this transition period.”
About B&G Foods, Inc.
Based in Parsippany, New Jersey, B&G Foods and its
subsidiaries manufacture, sell and distribute high-quality, branded
shelf-stable and frozen foods across the United States, Canada and
Puerto Rico. With B&G Foods’ diverse portfolio of more
than 50 brands you know and love, including
Back to Nature, B&G, B&M,
Cream of Wheat, Green Giant, Las Palmas,
Le Sueur, Mama Mary’s, Maple Grove Farms,
Mrs. Dash, New York Style, Ortega,
Pirate’s Booty, Polaner, SnackWell’s, Spice Islands and
Victoria, there’s a little something for everyone. For more
information about B&G Foods and its brands, please visit
www.bgfoods.com.
Forward-Looking Statements
Statements in this press release that are not statements of
historical or current fact constitute “forward-looking statements.”
The forward-looking statements contained in this press release
include, without limitation, statements related to
B&G Foods’ growth objectives and Mr. Wacha’s ability to
help B&G Foods achieve those objectives. 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,” “projects,” “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 most recent Annual Report on Form 10-K and in its
subsequent reports on Forms 10-Q and 8-K. Investors are cautioned
not to place undue reliance on any such forward looking statements,
which speak only as of the date they are made. B&G Foods
undertakes no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future events or otherwise.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20171106006526/en/
Investor Relations:ICR, Inc.Dara Dierks, 866-211-8151orMedia
Relations:ICR, Inc.Matt Lindberg, 203-682-8214
B and G Foods (NYSE:BGS)
Historical Stock Chart
From Mar 2024 to Apr 2024
B and G Foods (NYSE:BGS)
Historical Stock Chart
From Apr 2023 to Apr 2024