Whole Earth Brands, Inc. Appoints New Chief Financial Officer
January 10 2022 - 7:30AM
Whole Earth Brands, Inc. (the “Company”) (Nasdaq: FREE), a global
food company enabling healthier lifestyles, today announced the
appointment of Duane Portwood as Chief Financial Officer, effective
January 10, 2022. Mr. Portwood will report to Whole Earth Brand’s
Chief Executive Officer, Albert Manzone.
Mr. Manzone stated, “We are thrilled to welcome
Duane as our new Chief Financial Officer. He adds tremendous
strategic and financial depth to our team, which will be invaluable
as we continue to execute on our growth initiatives. His diverse
experience spans CPG, big-box retail and pharmaceuticals, with each
bringing a number of critical experiences and capabilities that
will further build upon our strong finance organization. The Board
and I are pleased with the outcome of our search process and look
forward to Duane’s contributions as we continue to grow shareholder
value.”
Mr. Portwood brings over 30 years of corporate
financial management and executive leadership experience with both
public and private companies, including as a CFO and Controller.
Most recently, he was CFO for Tegra Global, a private sports
apparel manufacturer. Previously, he served as EVP & CFO for
Akorn, Inc., a generic pharmaceutical company, where he took over
financial leadership amid complex circumstances to improve Akorn’s
capital structure. He also held a ten-year tenure at The Home
Depot, Inc. as VP & Corporate Controller, where he directed a
team of over 525 associates and oversaw all aspects of the
accounting and reporting functions. Prior to this, Mr. Portwood
served as the Controller for the Wm. Wrigley Jr. Company, where he
successfully led several acquisitions and subsequent integrations.
Mr. Portwood began his career as a CPA with
PriceWaterhouseCoopers.
Mr. Portwood concluded, “I am very impressed
with the Whole Earth Brands team and its business strategy, and am
excited to assume the CFO role to help the Company continue
executing its plan, drive growth, and enhance shareholder value
through sound financial leadership.”
Fireside Chat Webcast at the ICR
Conference Today, January 10, 2022
Albert Manzone, Chief Executive Officer, and
Duane Portwood, Chief Financial Officer, will participate in a
fireside chat at the 2022 ICR Conference today, Monday, January
10th at 2:00 pm ET.
The live audio webcast will be accessible in the
News & Events section on the Company's Investor Relations
website at investor.wholeearthbrands.com. An archived replay of the
webcast will also be available shortly after the live event has
concluded.
About Whole Earth Brands
Whole Earth Brands is a global food company
enabling healthier lifestyles and providing access to premium
plant-based sweeteners, flavor enhancers and other foods through
our diverse portfolio of trusted brands and delicious products,
including Whole Earth Sweetener®, Wholesome®, Swerve®, Pure Via®,
Equal® and Canderel®. With food playing a central role in people’s
health and wellness, Whole Earth Brands’ innovative product
pipeline addresses the growing consumer demand for more dietary
options, baking ingredients and taste profiles. Our world-class
global distribution network is the largest provider of plant-based
sweeteners in more than 100 countries with a vision to expand our
portfolio to responsibly meet local preferences. We are committed
to helping people enjoy life’s everyday moments and the
celebrations that bring us together. For more information on how we
“Open a World of Goodness®,” please visit
www.WholeEarthBrands.com.
Contacts:
Investor Relations Contacts:Whole Earth
Brands312-840-5001investor@wholeearthbrands.com
ICRJeff Sonnek646-277-1263jeff.sonnek@icrinc.com
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