OAK BROOK, Ill., Nov. 7, 2019 /PRNewswire/ -- TreeHouse
Foods, Inc. (NYSE: THS) announced today that William J.
Kelley, Jr., currently Senior Vice President, Corporate and
Operations Finance, has been appointed Interim Chief Financial
Officer of TreeHouse, effective immediately. He replaces
Matthew Foulston, who after a
three-month transition period will be pursuing other career
opportunities.
TreeHouse has engaged an executive search firm to review
candidates for a permanent chief financial officer. The Company
will be considering both internal and external candidates.
"I want to thank Matthew for his contributions during his time
at TreeHouse," said Steve Oakland,
Chief Executive Officer. "He deserves a great deal of credit for
helping drive the organization forward over the last three years as
we streamlined our portfolio and reengineered the organization –
difficult but essential tasks. As TreeHouse continues its
transition to a more agile, focused, and growth-oriented
enterprise, we will be best served by having a management team with
expertise that aligns more closely with our future growth
opportunities." Mr. Oakland continued, "I am also delighted
that Bill will be stepping into an important transition role. Bill
is an accomplished finance executive who has spent more than 30
years in the food and beverage industry. He has successfully led
our finance transformation program and has been responsible for the
Company's financial plans, as well as managing profit and loss on a
daily basis. We are confident he will continue to be a strong
financial leader during this transition period."
Mr. Kelley joined TreeHouse in 2016 as Corporate Controller. He
was previously Head of Global Audit for Kraft Heinz Company, where
he worked from 2014-2016. Before that, he spent two years as
Corporate Controller and Chief Accounting Officer at Hillshire
Brands, the spin-off successor company to Sara Lee Corporation.
From 2010 to 2012, he was Vice President and Corporate Controller
at USG Corporation. He spent the previous ten years in a variety of
increasingly senior finance roles at PepsiAmericas. His earlier
career service included key finance and accounting roles at Arthur
Andersen and Cargill.
"I have seen the Company change significantly over the past
three years, and I welcome the opportunity to serve TreeHouse in
this important role as we continue to execute on the next phase of
our strategy," said Mr. Kelley. "I also look forward to continuing
to work with and lead our talented finance team."
Mr. Kelley holds a B.A. in Accounting from Clark Atlanta University and an MBA in Accounting
and Strategy from the University of
Chicago.
ABOUT TREEHOUSE FOODS
TreeHouse Foods, Inc. is a leading manufacturer and distributor
of private label packaged foods and beverages in North
America. We have over 40 production facilities across
the United States, Canada and Italy, and our vision is to be the undisputed
solutions leader for custom brands for our customers. Our
product portfolio includes shelf stable, refrigerated, frozen and
fresh products, including baked goods (cookies, crackers, pretzels,
refrigerated dough, frozen waffles, in-store bakery products and
snack bars); beverages (broth, single serve hot beverages,
ready-to-drink coffee, creamers and powdered drinks); and meal
solutions (dressings, hot cereal, macaroni and cheese, pasta,
pickles, sauces and side dishes). We have a comprehensive
offering of packaging formats and flavor profiles, and we also
offer natural, organic and preservative-free ingredients across
almost our entire portfolio. Our purpose is to make high
quality food and beverages affordable to all.
Additional information, including TreeHouse's most recent
statements on Forms 10-Q and 10-K, may be found at TreeHouse's
website, http://www.treehousefoods.com.
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SOURCE TreeHouse Foods, Inc.