Post Holdings Announces Leadership Changes
June 04 2018 - 5:15PM
Post Holdings, Inc. (NYSE:POST), a consumer packaged goods holding
company, today announced two leadership changes. Chris Neugent,
current President and Chief Executive Officer of Post Consumer
Brands, has been named Executive Vice President, Strategy for Post
Holdings. Howard Friedman, formerly Executive Vice President of
Kraft Heinz’s meat and dairy business, has been named President and
Chief Executive Officer of Post Consumer Brands, effective July 23,
2018.
Mr. Neugent has been with Post Holdings since 2015 when Post
formed its consumer brands unit by combining Post Foods with MOM
Brands. Mr. Neugent had been the Chairman and Chief Executive
Officer of MOM Brands Company since 2008. Mr. Neugent led the
successful integration of the Post cereal business and MOM Brands,
exceeding synergy expectations over a three-year period. Also
during his tenure, the business expanded margins and achieved a 20
percent market share in the ready-to-eat cereal category. In his
new role, he will work with Post’s business units in developing
strategic plans and competitive advantages based on his success
with Post Consumer Brands.
Mr. Friedman spent most of his career at the Kraft Heinz
Company, most recently leading the meat and dairy business. His
extensive experience with Kraft Heinz spanned general management
and sales and marketing roles, including serving as head of the
Walmart sales team.
“Chris and his team have done an extraordinary job in a
challenging environment and I expect that Howard will build further
upon our success,” said Rob Vitale, President and Chief Executive
Officer of Post Holdings. “Attracting a talent like Howard is a
credit to the entire Post organization. I am also delighted that
Chris will join me in working with our businesses to build value by
developing organic growth strategies and M&A
opportunities.”
About Post Holdings, Inc.
Post Holdings, Inc., headquartered in St. Louis, Missouri, is a
consumer packaged goods holding company operating in the
center-of-the-store, refrigerated, foodservice, food ingredient,
active nutrition and private brand food categories. Through its
Post Consumer Brands business, Post is a leader in the North
American ready-to-eat cereal category offering a broad portfolio
including recognized brands such as Honey Bunches of Oats®,
Pebbles™, Great Grains® and Malt-O-Meal® bag cereal. Post also is a
leader in the United Kingdom ready-to-eat cereal category with the
iconic Weetabix® brand. As leader in refrigerated foods, Post
brings innovative, value-added egg and refrigerated potato products
to the foodservice channel and the retail refrigerated side dish
category, offering side dishes and egg, sausage and cheese products
through the Bob Evans®, All Whites®, Better’n Eggs®, Simply
Potatoes® and Crystal Farms® brands. Post’s Active Nutrition
platform aids consumers in adopting healthier lifestyles through
brands such as Premier Protein®, PowerBar® and Dymatize®. Post’s
Private Brands business manufactures private brand nut butter,
healthy snacks and pasta. For more information, visit
www.postholdings.com.
Contact:Media RelationsLisa
Hanlylisa.hanly@postholdings.com(314) 665-3180
Investor RelationsJennifer
Meyerjennifer.meyer@postholdings.com(314) 644-7665
Photos accompanying this announcement are available
at:http://www.globenewswire.com/NewsRoom/AttachmentNg/840523ec-2c82-41c5-9856-a95929fb7092http://www.globenewswire.com/NewsRoom/AttachmentNg/9e6ad3f9-b671-4d5a-9da7-ac4a3c49e05e
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